High Times will accept crypto payments for IPO

03 Aug, 2018
by Ryan Boltman
High Times will accept crypto payments for IPO

High Times has announced that it will accept crypto payments when it launches it's initial product offering later this year

High Times plans to create an industry first and will offer investors an opportunity to invest using Bitcoin or Ethereum. The idea of accepting fiat and crypto will allow for a wider target audience to participate. High Times CEO Adam Levin had this to say - “Now we’re taking another step into the future, not only as one of the first cannabis-related brands to go public on the Nasdaq but also as the first to allow Bitcoin and Ethereum as part of our public capital raise.”

High Times plans on running an IPO in an effort to raise funds which will help the company as it focuses on becoming a diversified media, events and merchandise giant as the “preeminent source for cannabis information since 1974”. 

High Times apparently decided against an ICO and opted for an IPO. The IPO is focused on giving everyone from retail investors to long-time fans. High Times shares are selling currently for $11.

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