Los Angeles • Put this in your pipe and smoke it.
High Times, the magazine that for decades has been the go-to bible for backyard pot growers and cocktail party tokers has been sold to a group of investors that includes reggae musician and ganga guru Damian Marley.
The son of the late reggae superstar Bob Marley is one of 20 investors who acquired a 60 percent stake in High Times, its digital media platforms and its increasingly popular Cannabis Cup trade shows.
The purchase price wasn’t revealed but Adam Levin, whose Los Angeles-based investment firm, Oreva Capital, put together the deal, said the company is valued at $70 million.
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