Beleguered media and events company Hightimes Holding Corp. is now in the cannabis industry.
- The company acquired 13 California dispensaries from MSO Harvest Health and Recreation in an $80M cash and stock deal that leaves Harvest a “significant” shareholder in Hightimes.
AP - Not all the dispensaries are open yet.
The Growth Op shared five classic High Times stories, most of them several decades old.
Quick Hit
- Hadley Ford, CEO of MSO iAnthus resigned after a review found he had “misused iAnthus resources to his benefit.” The stock is trading around 19 cents per share.