High Times Sold to Industry Investor Group
High Times magazine, America’s pioneering cannabis publication, has been sold to a consortium of cannabis industry investors led by the Los Angeles-based investment fund Oreva Capital.
Other members of the ownership group include Damian Marley, youngest son of Bob Marley, and a number of cannabis industry leaders.
Writer Ed Murrieta first reported the sale in The San Francisco Chronicle early this morning.
“High Times is the Coca-Cola of cannabis,” new CEO Adam Levin, founder of Oreva Capital, told the Chronicle. “We see the opportunity as a diversified media company, to bring High Times from the authority in the counterculture movement to a modern media enterprise.”
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