Why Savvy Investors are High on This IPO
High Times, Established Lifestyle Brand, is Going Public
One of the oldest and biggest lifestyle brands - High Times - is officially going public on the NASDAQ.
CLAIM YOUR PIECE OF HIGH TIMES
There’s big news on High Times’ march toward an initial public stock offering. Investors are now being offered a chance to buy a piece of Hightimes Media Corp. as part of a IPO equity crowdfunding campaign, under the SEC’s Regulation A+ (Reg A) process.
The Reg A share price will be set at $11, a ten percent discount from the anticipated opening price on Nasdaq.
Claim Your Stake of the $40 Billion Green Rush*
New to investing? No brokerage account will be needed to buy shares in the legacy brand—just a visit to HighTimesInvestor.com.
High Times Chief Executive Officer Adam Levin explained the decision to crowdfund before the company’s official market debut.
“We’re making history by becoming one of the first plant-based-focused companies publicly traded on the Nasdaq.”
“It was important to me that this offering be open to anyone interested in joining this historic team, not just to those with brokerage accounts,” said Levin. “We’re making history by becoming one of the first plant-based-focused companies publicly traded on the Nasdaq. We got here in no small part because of our incredible audience, who have been supporting this iconic brand for decades.”
More Than Plant-Based
As legalization surges ahead and interest in the industry grows nationally, Levin expects High Times and its brand will continue to grow, too.
With the money raised by the public offering, Hightimes Holding Co. plans on investing in and expanding content creation, as well as other product lines and brands such as its event productions— its Touring Festival Series, and High Times Records, launched last year. The business will remain focused on media, events, and lifestyle experiences while remaining separate from the production or distribution of plant-based products.
Why Savvy Investors are High On This IPO
Close to a quarter million people receive the print edition of the magazine, which launched in 1974. Online, High Times’ websites attract 275 million monthly digital impressions—an increase of over 425% from a year ago, when Hightimes Holding Co. took controlling interest. Revenues have increased by 20% since then as well.
“It’s very rare to see an organization in a growing industry that has already established so much strength and significance—especially before the industry was even truly born,” said former President of Mexico and veteran businessman, Vicente Fox, who recently joined the Hightimes Holding Co. board of directors.
“High Times has built an empire in the dark, and with the sun finally shining there’s never been a better opportunity to join the fight,” said Fox.
Ride the Green Wave Now
High Times’ Reg A announcement comes at a time when public acceptance of plant-base use is rapidly growing around the world. Canada will legalize plant-base for adult use at a federal level later this summer. Uruguay legalized plant-base sales last year. In 2018, 12 more states in the U.S. are set to vote on legalization. Now, more than ever, people are curious to learn about the plant, its benefits, and the culture that has grown up around it.
With a magazine and online presence still going strong, many are eager to grab some shares.
Investors are now able to purchase shares in High Times for as little as $11 a share at HighTimes.com/Invest.
Learn more about this historic REG A+ Stock Offering and become a shareholder before their planned listing on a public stock exchange!