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Condensed Consolidated Interim Balance Sheets (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash $ 17,806 $ 18,932
Accounts receivable 390 437
Other receivables 195 1,341
Current portion of lease receivables 3,495 3,450
Inventory 18,971 18,037
Current portion of notes receivable 292 264
Prepaid expenses 3,105 2,275
Total current assets 44,254 44,736
Property and equipment, net 39,542 33,618
Notes receivable and accrued interest   91
Lease receivables 7,486 7,595
Intangible assets, net 28,207 28,790
Goodwill 23,155 23,155
Right-of-use assets 61,593 62,466
Deposits 4,685 4,305
TOTAL ASSETS 208,922 204,756
Current liabilities:    
Accounts payable 6,576 4,722
Accrued expenses and other current liabilities 8,213 6,427
Taxes payable 13,308 11,502
Derivative liability 8,339 5,807
Current portion of convertible notes 2,160 1,652
Current portion of lease liability 1,795 1,909
Current portion of contingent consideration payable   2,393
Current portion of notes payable and accrued interest 3,852 3,372
Total current liabilities 44,243 37,784
Convertible notes 11,466 14,722
Notes payable and accrued interest from related party 45,704 45,362
Long term notes payable 1,838 1,907
Long term accounts payable 1,600 1,600
Contingent consideration payable 3,212 3,103
Deferred tax liability 7,162 6,530
Lease liability 51,334 51,545
TOTAL LIABILITIES 166,559 162,553
SHAREHOLDERS' EQUITY (DEFICIENCY)    
Equity attributable to 4Front Ventures Corp. 259,431 250,583
Additional paid-in capital 44,512 42,116
Deficit (261,637) (250,548)
Total 4Front Ventures Corp. shareholders' equity 42,306 42,151
Non-controlling interest 57 52
TOTAL SHAREHOLDERS' EQUITY 42,363 42,203
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 208,922 $ 204,756