PHOENIX, May 23, 2024 /PRNewswire/ - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF)
multi-state cannabis operator and retailer
is thrilled to announce the opening of its latest retail location
this new store marks a significant expansion of 4Front Ventures' retail presence in Illinois
the Mission Norridge Dispensary occupies a prime location in the heart of Norridge
and the surrounding neighborhoods close to Chicago O'Hare Airport
Customers can explore a diverse selection of premium cannabis products
including our in-house brands such as The Hunt
as well as other leading brands like Lost Farm
shared his excitement: "We are thrilled to announce the opening of our new Mission Dispensary in Norridge
a significant step in our Illinois expansion
enhancing our footprint and providing an outstanding retail experience with high-quality
innovative products designed to meet the varied needs of our clientele
and our Mission Dispensary team is eager to start engaging with and serving the local community."
The Memorial Day weekend opening will showcase exclusive product drops
and opportunities for guests to engage with expert staff
customers are encouraged to join the Mission High Rollers Club
which offers exclusive benefits such as monthly gifts/promotions
a 15% discount on each purchase (with a maximum discount of 35%)
and a 25% discount on the first purchase for early joiners
For more information about the new Mission Dispensary in Norridge, including product availability, please visit the Mission Dispensaries website
LLC and will be managed by 4Front under a management services agreement until a change of ownership application is approved by the Illinois Department of Financial and Professional Regulation
2025 /PRNewswire/ - 4Front Ventures Corporation
("4Front" or the "Company") (CSE: FFNT) (OTCQB: FFNTF) wishes to provide an..
("4Front" or the "Company") (CSE: FFNT) (OTCQB: FFNTF) announces that as a result ..
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Homeowners in the Cook County village of Norridge could soon be looking at higher property tax bills – for reasons a growing number of Illinoisans find familiar
On Nov. 14, Norridge trustees voted to approve a property tax levy 35.5 percent higher than the previous year’s
or to $1.6 million from just less than $1.2 million
The growing cost of the village’s police pensions and a new state law dictating the pension funding level
Norridge Mayor James Chmura estimates most village residents will pay up to $80 more on next year’s property tax bills
according to the Norridge-Harwood Heights News
Municipal pension funds are required to be 90 percent funded by 2040 under a state law that went into effect in January. As of 2016, Norridge had fewer than 59 cents for every dollar needed to fund its police pension
according to a 2017 report from the Illinois Department of Insurance
Norridge officials held a public hearing on the tax levy increase and presented an actuarial report prepared by accounting firm Lauterbach & Amen LLP
The report recommended the village put $1.97 million into the police pension fund
which is $370,000 more than the total property tax collection the village expects even with the 35.5-percent hike
The firm’s analysis found the village’s police pension to be about 56 percent funded
representing a slight decrease from the funding ratio DOI reported last year
Chmura expressed reluctance to ask more of taxpayers
But the mayor said the village’s surest path toward funding its pension obligations is through its property tax levy
With the recent departure of major retailers such as Carson’s and Bed
turning to sales tax revenue is an increasingly unreliable option
“There are some things we […] don’t have control over,” Chmura said
compromising today’s public services to pay for yesterday’s pensioners
Defined-benefit pensions have failed both government workers and taxpayers, imperiling workers’ retirement security while tethering taxpayers to massive, unpredictable costs
continual growth in unfunded pension liabilities will cast an ever-larger shadow of uncertainty over taxpayers and government workers.