High Times Magazine Goes Public Without IPO

Iconic marijuana magazine, High Times, has gone public… without an IPO. According to TechCrunch, the 43-year-old media brand sold to an already public shell company and its shareholders got an 83 percent stake in the company. Private equity firm Oreva Capital acquired a controlling stake in High Times in June for $70 million, before selling […]

This article was originally published on Marijuana – BallerStatus.com. View Original Article Here

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