|
High Times is one of the most recognizable names in cannabis. Their holding company, Hightimes Holding Corp., announced this week that they are expanding their California cannabis portfolio by aquiring the cannabis company: Moxie.
Moxie was the first licensed cannabis company in California. This new deal includes High Times Holding aquiring Moxie’s manufacturing facility, flowering canopy cultivation, and an exclusive 99-year license to use the Moxie, MX and HighNow brands in California. Paul Henderson, the Chief Executive Officer of High Times, noted. “This move opens the door to a whole new world of brands from the High Times organization.” Prior to this acquisition announcement, High Times already owned and operated 8 retail stores in California, has licensing agreements for stores in Michigan and Florida, and have branded cannabis products available in 6 markets. Comments are closed.
|
RSS Feed