High Times Holding Corp. Seeks Public Listing Through Business Combination With Origo Acquisition Corporation (NASDAQ: $OACQ)
Transaction to provide public currency and financial flexibility to leverage
High Times' brand recognition in the growing cannabis industry.
- High Times is publisher of HIGH TIMES® magazine and a leading voice of the cannabis community since 1974.
- Multi-platform business model positions High Times to capitalize on the rapidly expanding legalization of cannabis in the United States and around the world.
- High Times' existing equity valued at approximately $250 million in the merger.
Los Angeles, CA and New York, NY - July 27, 2017 (Investorideas.com Newswire) Hightimes Holding Corp. ("High Times"), publisher of HIGH TIMES® magazine and a leading voice of the cannabis community since 1974, and Origo Acquisition Corporation (NASDAQ: OACQ) ("Origo"), a special purpose acquisition company, announced that they have entered into a definitive merger agreement. Upon closing of the transaction, High Times will be a publicly traded company.
High Times will utilize its public company status, diversified revenue streams, established and trusted brand name and deep grassroots following to capitalize on the ongoing, orderly conversion of the U.S. marijuana black market to a legal and regulated national industry.
Read this news in full at http://www.investorideas.com/news/2017/marijuana/07271OACQ.asp
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