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Thursday, 06/01/2017 2:17:28 PM

Thursday, June 01, 2017 2:17:28 PM

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Interesting...


June 1, 2017
High Times Sold for $70mm

Published by NCV Newswire


High Times, the granddaddy of cannabis culture news that has struggled over the past few years despite the enormous growth of the legal cannabis industry, has sold itself for $70mm, according to the San Francisco Chronicle. The buyers are a group of entertainers and industry players that include Damian Marley, Ean Seeb, MassRoots, and Nick Kovacevich of Kush Bottles.

The company, which will operate out of Los Angeles rather than New York as High Times Holding Company, will be led by CEO Adam Levin of investment firm Oreva Capital, who told the Chronicle that the magazine has 236K print subscribers and gets 20mm unique visitors per month.

Read Ed Murrieta’s “High Times magazine sells to Bob Marley’s son, others”: http://www.sfchronicle.com/business/article/High-Times-magazine-sells-to-Bob-Marley-s-son-11186596.php



Before this cannabis stock news is here, it's published to subscribers on 420 Investor.

Published by NCV Newswire

The NCV Newswire by New Cannabis Ventures aims to curate high quality content and information about leading cannabis companies to help our readers filter out the noise and to stay on top of the most important cannabis business news. The NCV Newswire is hand-curated by an editor and not automated in anyway. For questions contact us.

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In this article:
Ean Seeb, High Times, Kush Bottles, MassRoots, San Francisco Chronicle
Related News:

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Kush Bottles Announces $20mm Acquisition of CMP Wellness
Kush Bottles Canaccord Genuity Cannabis Conference Presentation on May 10th to be Webcast
Kush Bottles Named Packaging Partner for High Times Cannabis Cup Trade Shows

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