IPO? How about HighPO? The 43-year-old marijuana media brand High Times has found a shortcut to going public: It sold itself to an already public shell company, of which High Times share holders then
High Times magazine sells 60 percent of company, Skype gets a complete revamp, Apple has paid $70 billion to developers and Walmart's fix for last-mile delivery. All this on Crunch Report.
High Times, the most prestigious brand in pot, has been valued at $70 million in a deal that sees it selling a 60% majority stake for roughly $42 million to investment firm Oreva Capital. Originally