Hightimes Holding Corp., the parent company to High Times Magazine, Dope Magazine, the High Times Cannabis Cups and more, announced Friday it has received clearance from the Financial Industry Regulatory Authority (FINRA) to list on the public markets.
The news comes just weeks after High Times announced plans to enter the cannabis retail markets, moving the traditional media and events company into a more directly plant-touching business model.
See Also: High Times Names Fmr. Overstock President As Its New CEO, Pivots Toward Cannabis Distribution Model
Hightimes Holding Corp. also announced its intention to keep its Reg. A+ IPO open to the public until the listing date, which will be announced in the coming weeks. The Reg. A+ Campaign has already generated more than 23,000 shareholders for the brand pre-listing.
"We're moments away from culminating one of the most successful Reg. A+ campaigns in history - and not just in Cannabis, that's across industries. Between our new executive team, the coming retail stores, and our plans to take the brand into new opportunities, we're extremely excited for the future,” Adam Levin, High Times’ executive chairman told Benzinga.
Lead image by Ilona Szentivanyi. Copyright: Benzinga.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
The Benzinga Cannabis Capital Conference is coming to Florida
The Benzinga Cannabis Capital Conference is returning to Florida, in a new venue in Hollywood, on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.
Get your tickets now on bzcannabis.com – Prices will increase very soon!