High Times Dispensary Investment

While the two retail license transaction partners have not yet been announced the high times team is acquiring its dispensary footprint with a mixture of cash and stock.

High times dispensary investment. The decision to acquire the dispensaries also comes on the heels of yet another push to raise money from investors. High times forges ahead despite turbulent times in the market. The current total liabilities are 68 million and the revenue for six. Is continuing its push into the retail sector announcing they have.

Announced a partnership with red white bloom to create high times branded dispensaries and develop cannabis products in michigan illinois and florida. The company gave high times 25 000 as a sponsor of an in person event and even though high times said it would return sponsor money it hasn t as yet which in turn has forced black tie to sue. The company continues to offer public investment opportunities through march 31. The u s securities and exchange commission sec has told high times that the cannabis publisher and burgeoning dispensary brand must halt accepting investments in its initial public offering.

High times plans say that the company is moving forward with virtual cannabis cup events but they are unlikely to bring in the millions the company. According to the company s filings there are 24 384 571 issued shares which high times values at 11 00 giving the company a roughly 268 million market cap. Full story after the jump.