Report: Cannabis magazine High Times to go public
High Times Holding Corp.,
the company behind High Times Magazine and other assets, reportedly plans to go public in October, a move that would make it the first marijuana-related company to list on the Nasdaq stock market.
Private equity firm Oreva Capital
bought a controlling stake in High Times in June and will sell the magazine to Origo Acquisition Corp. – a so-called special purpose acquisition company – for $250 million, Reuters reported, citing anonymous sources.
According to earlier reports, Oreva, musician Damain Marley, cannabis-focused social media platform MassRoots and James Curnin of the
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