.
MergerLinks Header Logo

New Deal


Announced

Completed

4Front Ventures completed the acquisition of Island Cannabis.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

product design

Recreational Products

manufacturing

Friendly

Single Bidder

United States

Domestic

Completed

Acquisition

Majority

Private

Synopsis

Edit

4Front Ventures, a multi-state cannabis operator and retailer, completed the acquisition of Island Cannabis, a producer of pre-rolls, flower and concentrate products. Financial terms were not disclosed. "We are thrilled to announce the completion of our acquisition of Island. As one of the most competitive cannabis markets in the world, California remains a key part of our strategy long-term. The team at Island has spent years perfecting their brand and building a loyal following among its customers. Now able to integrate with the 4Front platform, we intend to scale the Island brand deeper into the California market, and into our other geographies in the near future," Leo Gontmakher, 4Front CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US