| UNITED STATES | OMB APPROVAL | |||||||||||||||||||||||
| SECURITIES AND EXCHANGE COMMISSION | OMB Number: | 3235-0101 | ||||||||||||||||||||||
| Washington, D.C. 20549 | Expires: | July 31, 2023 | ||||||||||||||||||||||
| Estimated average burden | ||||||||||||||||||||||||
| hours per response | 1.00 | |||||||||||||||||||||||
| FORM 144 | ||||||||||||||||||||||||
| NOTICE OF PROPOSED SALE OF SECURITIES | SEC USE ONLY | |||||||||||||||||||||||
| PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933 | DOCUMENT SEQUENCE NO. | |||||||||||||||||||||||
| CUSIP NUMBER | ||||||||||||||||||||||||
| ATTENTION: | Transmit for filing 3 copies of this form concurrently with either placing an order with a broker to execute sale | |||||||||||||||||||||||
| or executing a sale directly with a market maker. | WORK LOCATION | |||||||||||||||||||||||
| 1(a) Name of Issuer (Please type or print) | (b) IRS IDENT. NO. | (c) SEC FILE NO. | ||||||||||||||||||||||
| 4Front Ventures Corp. | 83-4168417 | 000-56075 | ||||||||||||||||||||||
| (e) Telephone No. | ||||||||||||||||||||||||
| 1(d) Address of Issuer | Street | City | State | Zip Code | Area Code | Number | ||||||||||||||||||
| 5060 N. 40th Street, Suite 120 | Phoenix | Arizona | 85018 | 602 | 633-3067 | |||||||||||||||||||
| 2(a) Name of Person for Whose Account the Securities are to be Sold | (b) Relationship to Issuer Affiliated person is a Director | (c) Address street | City | State | Zip Code | |||||||||||||||||||
| Navy Capital Green Co-Invest Fund, LLC | Director | 28 Reichert Circle | Westport | CT | 06880 | |||||||||||||||||||
| INSTRUCTION: The person filing this notice should contact the issuer to obtain the I.R.S. Identification Number and the S.E.C. File Number. | ||||||||||||||||||||||||
| 3 (a) | (b) | SEC USE | (c) | (d) | (e) | (f) | (g) | |||||||||||||||||
| Name and Address of | ONLY | |||||||||||||||||||||||
| Each Broker Through | ||||||||||||||||||||||||
| Title of the | Whom the Securities | Number of | Number of Shares | Approximate | Name of Each | |||||||||||||||||||
| Class of | are to be Offered or Each | Shares or Other | Aggregate | or Other Units | Date of Sale | Securities | ||||||||||||||||||
| Securities | Market Maker Who is | Broker-Dealer | Units to be Sold | Market Value | Outstanding | (See instr. 3(f)) | Exchange | |||||||||||||||||
| To Be Sold | Acquiring the Securities | File Number | (See instr. 3(c)) | (See instr. 3(d)) | (See instr. 3(e)) | (MO. DAY YR.) | (See instr. 3(g)) | |||||||||||||||||
| Class A Subordinate Voting Shares | Haywood Securities (USA) Inc. 200 Burrard St. Suite 700 Vancouver, BC, V6C 3L6 | 2,130,000 | $1,525,000 | 636,636,686 | 06/03/2022 | CSE | ||||||||||||||||||
| INSTRUCTIONS: | ||||||||||||||||||||||||
| 1. (a) | Name of issuer | 3. (a) | Title of the class of securities to be sold | |||||||||||||||||||||
| (b) | Issuer’s I.R.S. Identification Number | (b) | Name and address of each broker through whom the securities are intended to be sold | |||||||||||||||||||||
| (c) | Issuer’s S.E.C. file number, if any | (c) | Number of shares or other units to be sold (if debt securities, give the aggregate face amount) | |||||||||||||||||||||
| (d) | Issuer’s address, including zip code | (d) | Aggregate market value of the securities to be sold as of a specified date within 10 days prior to the | |||||||||||||||||||||
| (e) | Issuer’s telephone number, including area code | filing of this notice | ||||||||||||||||||||||
| (e) | Number of shares or other units of the class outstanding, or if debt securities the face amount thereof | |||||||||||||||||||||||
| 2. (a) | Name of person for whose account the securities are to be sold | outstanding, as shown by the most recent report or statement published by the issuer | ||||||||||||||||||||||
| (b) | Such person’s relationship to the issuer (e.g., officer, director, | (f) | Approximate date on which the securities are to be sold | |||||||||||||||||||||
| 10% stockholder, or member of immediate family of | (g) | Name of each securities exchange, if any, on which the securities are intended to be sold | ||||||||||||||||||||||
| any of the foregoing) | ||||||||||||||||||||||||
| (c) | Such person’s address, including zip code | |||||||||||||||||||||||
| Potential persons who are to respond to the collection of information contained in this form are not required | ||||||||||||||||||||||||
| to respond unless the form displays a currently valid OMB control number. | SEC 1147 (08-07) | |||||||||||||||||||||||
| TABLE I — SECURITIES TO BE SOLD | ||||||||||||||||||||||||
| Furnish the following information with respect to the acquisition of the securities to be sold | ||||||||||||||||||||||||
| and with respect to the payment of all or any part of the purchase price or other consideration therefor: | ||||||||||||||||||||||||
| Name of Person From | ||||||||||||||||||||||||
| Title of | Date You | Name of Acquisition | Whom Acquired (If gift, | Amount of | Date of | Nature | ||||||||||||||||||
| the Class | Acquired | Transaction | also give date donor acquired) | Securities Acquired | Payment | of Payment | ||||||||||||||||||
| Class A Subordinate Voting Shares | 10/20/2018 | Purchase of Units | 4Front Ventures Corp. | 2,130,000 | 10/20/2018 | Cash | ||||||||||||||||||
| INSTRUCTIONS: | If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the | |||||||||||||||||||||||
| consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when | ||||||||||||||||||||||||
| the note or other obligation was discharged in full or the last installment paid. | ||||||||||||||||||||||||
| TABLE II — SECURITIES SOLD DURING THE PAST 3 MONTHS | ||||||||||||||||||||||||
| Furnish the following information as to all securities of the issuer sold during the past 3 months | ||||||||||||||||||||||||
| by the person for whose account the securities are to be sold. | ||||||||||||||||||||||||
| Name and Address of Seller | Title of Securities Sold | Date of Sale | Amount of Securities Sold | Gross Proceeds | ||||||||||||||||||||
| No securities of issuer sold during the past 3 months. | ||||||||||||||||||||||||
| Remarks: | ||||||||||||||||||||||||
| INSTRUCTIONS: | ATTENTION: | |||||||||||||||||||||||
| See the definition of “person” in paragraph (a) of Rule 144. Information is to be given not | The person for whose account the securities to which this notice relates are to be sold | |||||||||||||||||||||||
| only as to the person for whose account the securities are to be sold but also as to all | hereby represents by signing this notice that he does not know any material adverse | |||||||||||||||||||||||
| other persons included in that definition. In addition, information shall be given as to | information in regard to the current and prospective operations of the Issuer of the securities | |||||||||||||||||||||||
| sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated | to be sold which has not been publicly disclosed. If such person has adopted a written | |||||||||||||||||||||||
| with sales for the account of the person filing this notice. | trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, | |||||||||||||||||||||||
| by signing the form and indicating the date that the plan was adopted or the instruction | ||||||||||||||||||||||||
| given, that person makes such representation as of the plan adoption or instruction date. | ||||||||||||||||||||||||
| 06/03/2022 | /s/ Sean Stiefel, managing member of the investment manager, Navy Capital Green Management, LLC | |||||||||||||||||||||||
| DATE OF NOTICE | (SIGNATURE) | |||||||||||||||||||||||
| The notice shall be signed by the person for whose account the securities | ||||||||||||||||||||||||
| DATE OF PLAN ADOPTION OR GIVING OF INSTRUCTION, | are to be sold. At least one copy of the notice shall be manually signed. | |||||||||||||||||||||||
| IF RELYING ON RULE 10B5-1. | Any copies not manually signed shall bear typed or printed signatures. | |||||||||||||||||||||||
| ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001) | ||||||||||||||||||||||||
| SEC 1147 (02-08) | ||||||||||||||||||||||||