High Times Decides It Is The Right Time To Buy Stuff

High Times Decides It Is The Right Time To Buy Stuff

You can’t fault their positive outlook although we might fault the timing of this acquisiton announcement / proposal. Remember,  this isn’t even a MOU just an LOI (letter of intent). Is anybody actually paying attention in the investment community would be our first question to the High Times Board. Here’s their press release LOS ANGELES, March 27, 2020 (GLOBE NEWSWIRE) — Hightimes Holding Corp., the owner of High Times®, the most well-known brand in cannabis, has announced today the signing of a LOI to acquire the California-based cannabis holding company Humboldt Heritage Inc. and its subsidiaries Humboldt Sun Growers Guild and Grateful Eight LLC. This announcement comes just before the culmination of High Times Regulation A+ campaign, which has recruited over 26,000 shareholders before listing on the public markets. This acquisition provides High Times with cannabis growing, processing and product manufacturing capabilities direct from the most coveted cannabis community in the world, Humboldt County. Coupled with High Times recent retail acquisitions, the resulting company will become one of the state’s largest vertically-integrated operators, and provide exclusive access to 18 unique Northern California-based brands including True Humboldt and leading cannagar producer Cuba Libre. “High Times mission is to connect consumers to cannabis – not only the best access and experience, but by making the best products available to our consumers across the country, and eventually the world,” Adam Levin, Hightimes Holding Corp.’s Executive Chairman said, “This addition adds 200+ of the best cannabis-producing farms in the world, and the rest of the capabilities we’ll need…

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Source : CANNANNEW REPORT
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reposted by Cannabis News World

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