Look Out Iceberg Ahead MJ Biz Article Examines The Complicated Web Of Ownership At High Times Retail Acquisition Targets, Harvest Health

They love to make life hard for themselves!

MJ Biz reports… on Harvest Health’s Network  of owners and licenses that would try a saint. Never mind the fact  that on a quoted $US67.5 million acquistion deal they are trying only to fork out only  $1.5 million in cash.

They’ll probably have to spend double on just the lawyers to sort it all out.

Look out iceberg ahead is all we can think !

MJ Biz write

The owner of pioneering High Times magazine is scrambling to close a marijuana retail acquisition in California that includes a tangle of owners and entities, several social equity partners and properties not yet built out.

Los Angeles-based High Times Holding is trying to complete the $67.5 million deal with Harvest Health & Recreation by putting in just $1.5 million in cash

Read full story

High Times’ cannabis retail bid complicated by web of owners, social equity partners

 

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