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Last Updated on by Aardvark

News broke today that shook up the online cannabis world, as industry leader and stalwart, MJ Biz Daily, sold to non-cannabis company Emerald X, a wholly owned subsidiary of Emerald Holding, a New York-based business-to-business event and media company, for $120 million in cash plus potential earnouts.  The deal was basically structured around 5x revenue for the high-ranking website and event and trade show brand.  Emerald stock is up close to 4% on the news of the acquisition.

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By Aardvark

How's it going fellow growers and smokers! I'm the Aardvark and have been growing and doing grow shows online for many years now. I have helped various companies launch as well as helped test grow for specific breeders trying to prove out certain strains and traits.