New York-based Green Market Report was founded in 2017 by financial journalist and former Wall Street executive Debra Borchardt and Cynthia Salarizadeh, who has a background in public relations and cannabis law.
“They focus on the financial, business and economic aspects of the cannabis industry, so it’s a natural complement to our other commercial brands,” KC Crain, Crain’s president and CEO, said in a statement. .
Green Market Report, which attracts 150,000 page views per month, publishes daily information written mainly by a network of independent journalists. Borchardt, editor of Green Market Report, is the only staff member to join Crain’s as a full-time employee and will continue to operate out of New York.
Crain’s portfolio now consists of 21 brands in the US, Europe and Asia, including Ad Age, Automotive News and Modern Healthcare, as well as regional trade publications in Chicago, Cleveland, Detroit and New York. Crain added a brand to its portfolio for the last time in 2019: GenomeWeb, also based in New York, reports on genomics and scientific news.
Through its brands, Crain reaches 78 million readers worldwide and employs more than 650 people in 10 offices.
“Crain is one of the highest quality business news organizations in the country,” Borchardt said in the release. “Their team, resources and respected journalism will make the perfect partner as Green Market Report continues into the future.”
