RATE Group | Canna-Biz High Times Uses Cryptocurrency In Reg. A Raise
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Canna-Biz High Times Uses Cryptocurrency In Reg. A Raise

06 Aug Canna-Biz High Times Uses Cryptocurrency In Reg. A Raise

Posted at 05:25h in Cryptocurrency News by

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High Times logo(Image courtesy of High Times)

High Times, the venerable marijuana magazine turned media company, has been undergoing a radical transformation since an investor group led by Adam Levin acquired it about a year ago.

High Times has announced a string of acquisitions (mostly of competing marijuana publications) and expansions in the booming “canna-business” sector. It has added high-profile board members such as former Mexico President Vicente Fox Quesada. And now the company is checking off even more boxes in the game of Media-Tech Buzzword Bingo.

For the past six weeks, the parent company High Times Holding Co. (HTHC for short; get it?) has been selling shares to investors through Reg. A+, the SEC’s equity crowd-funding rules. HTHC is conducting what the SEC calls a “mini IPO,” raising required capital before a public offering expected later this year on NASDAQ.

The company said that more than 1,000 people have already bought several…

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