CBD Guide
  • Home
  • Education
  • Guides
  • Reviews
  • News
No Result
View All Result
  • Home
  • Education
  • Guides
  • Reviews
  • News
No Result
View All Result
CBD Guide
No Result
View All Result
Home News

High Times Extends Reg A Fundraising, Terminates Humboldt Heritage Deal

Jean Martinez by Jean Martinez
May 19, 2020
in News
0 0
0
High Times Extends Reg A Fundraising, Terminates Humboldt Heritage Deal
157
SHARES
0
VIEWS
Share on FacebookShare on Twitter

A report filed last week with the United States Securities and Exchange Commission (SEC) shows that Hightimes Holding Corporation will once again be extending its fundraising efforts and public listing until as late as June 30, 2020. Additionally, in the same document, the company reported it will be terminating a recently announced deal to acquire Humboldt Heritage Inc. and it’s subsidiaries.

High Times first started selling Regulation A shares to an eager fanbase in July 2018 after multiple failed attempts at going public. Many fans have since started asking what happened to their investments, but no timeline for being listed has been released.

During the years after its initial Reg A fundraising push, High Times started acquiring magazines, online publications, and events that centered around cannabis culture. Eventually, the teams behind publications including DOPE Magazine, Culture, and Green Rush Daily were let go by High Times and longstanding events like Reggae on the River were canceled without explanation.

This year, the company has flown through multiple executives as it pivots to a focus on vertically integrated retail. In January, former Overstock CEO Stormy Simon replaced media executive Kraig Fox; within weeks of her entry, High Times signed a deal for dispensary licenses in Nevada and California. Simon, however, recently resigned from the position and former American Eagle Outfitters and Victoria’s Secret executive Peter Horvath is now at the helm.

In late March 2020, the company signed a letter of intent to acquire Humboldt Heritage and subsidiaries Humboldt Sun Growers Guild and Grateful Eight LLC, which would have given the company access to cultivation, production, and manufacturing capabilities in California. That deal has apparently been terminated, however, as per another announcement in the recent SEC filing.

A few weeks prior to the latest Regulation A extension, High Times announced it had reached an agreement for the acquisition of 13 dispensaries owned by Harvest, a Tempe-based operation. Harvest currently operates dispensaries in California, Arizona, Pennsylvania, Arkansas, Florida, Maryland, and North Dakota.

Despite the announced acquisitions and High Times Holding Corp. having received its trading symbol from the Financial Industry Regulatory Authority, the company has not yet set a specific timeline for going public.

This content has been curated and re-published from Ganjaprenuer.com. Please click the link below to view this content from the original source.

Original Source: High Times Extends Reg A Fundraising, Terminates Humboldt Heritage Deal

Content Credits: Originally written by Cara Wietstock and published to Ganjaprenuer.com on 2020-05-18 17:32:38.

Previous Post

Embattled Kentucky Hemp Processor Files for Chapter 11

Next Post

Summitt Labs Recalls CBD Tincture for Elevated Lead Levels

Related Posts

Wyoming Tribe Moves Toward Hemp and Medical Cannabis Legalization
News

Wyoming Tribe Moves Toward Hemp and Medical Cannabis Legalization

August 31, 2020
Oklahoma to Revoke Testing Lab’s License Amid Scandal
News

Oklahoma to Revoke Testing Lab’s License Amid Scandal

August 30, 2020
Hemp-Based Burger Announced by Fake Meat Startup
News

Hemp-Based Burger Announced by Fake Meat Startup

August 29, 2020
Florida Adds Edibles to Medical Cannabis Program
News

Florida Adds Edibles to Medical Cannabis Program

August 28, 2020
Most Legal Marijuana States Had Fewer Vaping-Related Lung Injuries, Study Finds
Learn About CBD

Most Legal Marijuana States Had Fewer Vaping-Related Lung Injuries, Study Finds

August 27, 2020
Mitch McConnell Recommends Hemp-Based Face Masks
News

Mitch McConnell Recommends Hemp-Based Face Masks

August 27, 2020
Next Post
Summitt Labs Recalls CBD Tincture for Elevated Lead Levels

Summitt Labs Recalls CBD Tincture for Elevated Lead Levels

Subscribe
Login
Notify of
guest
guest
0 Comments
Inline Feedbacks
View all comments

Recent Posts

  • Wyoming Tribe Moves Toward Hemp and Medical Cannabis Legalization
  • Oklahoma to Revoke Testing Lab’s License Amid Scandal
  • Hemp-Based Burger Announced by Fake Meat Startup
  • Florida Adds Edibles to Medical Cannabis Program
  • Most Legal Marijuana States Had Fewer Vaping-Related Lung Injuries, Study Finds

Recent Comments

  • Jean Martinez on Colorado Gov. Signs Cannabis Social Equity Bill
  • kiran on Colorado Gov. Signs Cannabis Social Equity Bill

Archives

  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
CBD Guide

© 2020 CBDGuide.io, All Rights Reserved.

Site Navigation

  • Affiliate Disclaimer
  • Privacy Policy
  • Terms of Use
  • Contact us

Follow Us

No Result
View All Result
  • Home
  • Education
  • Guides
  • Reviews
  • News

© 2020 CBDGuide.io, All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
0
0
Would love your thoughts, please comment.x
()
x
| Reply