MJBiz Acquired by Emerald Holding for $120 million

Denver-based MJBiz, well known for its online B2B news and business content, has been acquired by Emerald X. Emerald is a subsidiary of Emerald Holding, a media and event company based in New York, and acquired MJBiz for a total of $120 million. The acquisition...

Illinois Cannabis Sales Doubled in 2021

The first year of legal cannabis sales in Illinois was a roaring success, but it turns out the second year was even better.  Twice as good, in fact. A report from the grimly named Illinois Department of Financial and Professional Regulation (IDFPR) showed that...

New Virginia Governor Expresses Concerns About Cannabis

Virginia made history last year when it became the first state in the South to legalize recreational pot, but that came at a time when Democrats controlled the state government. Now, with Republican Governor-elect Glenn Youngkin set to take office in less than two...