---
schema_version: "secwatch.filing_event.v1"
accession: "0000895345-22-000009"
form_type: "8-K"
ticker: "EEX"
cik: "0001579214"
company_name: "Emerald Holding, Inc."
filed_at: "2022-01-04T23:59:59+00:00"
generated_at: "2026-06-27T20:59:00.997386+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Emerald acquires MJBiz for $120M; cannabis B2B platform with $27M revenue in 2021

## Summary
- Base purchase price of $120M in cash; potential earn-out based on 2022 EBITDA growth (9.3x multiple over $13M).
- MJBiz 2021 revenues approx $27M, near pre-pandemic levels; 38% compound annual revenue growth from 2017-2019.
- MJBizCon Oct 2021 featured 1,200+ exhibiting companies and 27,000 attendees (18,000+ paid).
- MJBiz management (CEO Chris Walsh) will continue to lead day-to-day operations.
- Acquisition funded from balance sheet; diversifies Emerald into high-growth cannabis industry.

## SEC filing metadata
- accession: 0000895345-22-000009
- form_type: 8-K
- ticker: EEX
- cik: 0001579214
- company_name: Emerald Holding, Inc.
- filed_at: 2022-01-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1579214/000089534522000009/0000895345-22-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1579214/000089534522000009/ff708299_8k-emeraldx.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000895345-22-000009
- JSON: https://secwatch.observer/filing/0000895345-22-000009.json
- Plain text: https://secwatch.observer/filing/0000895345-22-000009.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.