4Front Ventures completed the acquisition of Island Cannabis.

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.