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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1783875	4Front Ventures Corp.	FFNTF	Medicinal Chemicals & Botanical Products (2833)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1838456	Chetan Gulati	C/O 4Front Ventures Corp. 5060 N. 40Th Street, Suite 120 Phoenix AZ 85018		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Subordinate Voting Shares	Acquisiton	2022-04-13	5,565,563	$0.00	27,026,008	No	4	P	Indirect	Navy Capital Green Fund, LP
Class A Subordinate Voting Shares	Acquisiton	2022-04-13	154,038	$0.00	27,180,046	No	4	P	Indirect	Navy Capital Green Co-Invest Fund, LLC
Class A Subordinate Voting Shares	Acquisiton	2022-04-13	41,696	$0.00	27,221,742	No	4	P	Indirect	Navy Capital Green Holdings, LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	Navy Capital Green Fund, LP
No	4	P	Indirect	Navy Capital Green Co-Invest Fund, LLC
No	4	P	Indirect	Navy Capital Green Holdings, LLC

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Subordinate Voting Shares	Warrant	Acquisiton	2022-04-13	2,107,311	$0.00	2,107,311	$1.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
2,107,311		2024-04-13	No	4	P	Indirect

Footnotes

The Reporting Person acquired a total of 5,761,297 Class A Subordinate Voting Shares in exchange for consideration with a total fair market value of $4,192,562, or $0.73 per each share of Class A subordinate Voting Shares acquired, in connection with the Company's acquisition of Island Global Holdings, Inc.
Does not include 2,107,311 Class A Subordinate Voting Shares underlying the warrants issued on April, 13, 2022 held by the Reporting Person, which are reported on Table II of this Form 4.
The Reporting Person has voting and dipositive control over these shares as he is Managing Member, Head of Research and sits on the investment committee of Navy Capital Green Management, LLC, the investment advisor to Navy Capital Green Fund, LP and Navy Capital Green Co-Invest Fund, LLC and manager of Navy Capital Green Holdings, LLC.
The warrants become exercisable once the California business operations of the Company achieve a generate gross revenues in excess of $4,000,000 per month for at least three months in an period of five consecutive months.