Emerald Holding Buys Cannabis Industry Trade Show

CEDIA Expo owner Emerald Holding bought MJBiz, producer of the Emerald Conference, the oldest business-to-business cannabis trade show in the U.S., plus related media brands, it announced Tuesday. Emerald paid $120 million as an initial consideration on the transaction's closing, with potential future payments contingent on MJBiz's financial performance through 2022, it said.