Mjbiz was acquired by emerald x for more than $120 million

Mjbiz has been acquired by emerald x, a wholly-owned subsidiary of emerald holding, a New York based B2B event and media company with $120 million in cash and potential revenue. The acquisition includes mjbizcon, the oldest and largest trade show in the marijuana industry, as well as related media and event brands, including award-winning publications mjbizdaily, hemp industry daily and mjbizmagazine. Emerald has about 600 employees; There are about 40 mjbiz.

Source: mjbizdaily com