Gemini Finance Corp. reacted to the cancellation of the Chalice Festival in July by foreclosing on a $587,000 loan that they had out to event organizers. Sensing blood in the water, the sharks at High Times swooped in and gobbled up a $560,000 debt to purchase the rights to the future of the Chalice Festival. Yep, High Times now owns Chalice…sort of…Read More
While begging for their permit back in May, High Times pledged to donate $100,000 to the Build Black Coalition, and an additional $40,000 to provide high tech career training to local youths. By mid-August they still had not paid. When confronted by leaders of the activist groups, the company vowed to square up in 10 days. Here we are in October and they still have not met that obligation, claiming that the money to do so is “tied up” in their IPO launch. Strange, considering they just rolled up over $11,000,000 out of thin air to squash Dope Mag…Read More
Some industry experts believe that because this bill died in its committee for the rest of the year, hundreds of small to medium-sized craft cannabis growers will be put completely out of business over the course of the next 12 months. That’s great news if you are a large-scale commercial boof-wrangler trying to smother the California cannabis industry, but its terrible news for the rest of us.Read More
Whether or not High Times goes up in smoke, the moral of the story is that the cannabis industry is a unique one. On top of demanding integrity, most cannabis connoisseurs are more interested in the next big thing rather than what was cool in the 70’s and 80’s.
In your opinion, what could High Times do to rebrand itself and regain the cultural relevance it once had?Read More
What is the history of 4/20? Ask 100 people you might get 420 answers. There is a reason that it is so hard to pin down the truth and we explore it here.
Cannabis sales & consumption disallowed at 2018 SoCal High Times Cannabis CupRead More