High Times announced it will open two flagship retail stores offering cannabis under dispensary licenses, giving the strongest brand in the marijuana industry a new engine of growth as it prepares for a public listing.

Formally known as Hightimes Holding Corp., the owner of the eponymous magazine and operator of Cannabis Cup events has signed binding letters of intent with holders of dispensary licenses in high-traffic locations in Las Vegas and Los Angeles.

The new locations will provide a cross-marketing opportunity, both with the High Times and Cannabis Cup brands. 

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John Jannarone ~ IPO Edge ~