Announced
Completed
Financials
Sources
Tags
Pharmaceuticals
United States
recreational cannabis
Majority
Private
Single Bidder
Domestic
Friendly
Acquisition
Completed
medical cannabis
Synopsis
Emerald, dynamic, market-driven platforms building company that integrate live events with a broad array of industry insights, digital tools, and data-focused solutions, completed the acquisition of MJBiz, an independent publisher and event producer serving America's cannabis industry entrepreneurs and investors, from Anne Holland Ventures, a venture capital firm, for $120m. "MJBiz’s leading event and content portfolio, coupled with their 365-day engagement platform – which connects the entire cannabis supply chain – will diversify our collective product offerings, enhance our growth profile and enable us to deliver even greater value to our customers over the long term," Hervé Sedky, Emerald President and CEO.
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