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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