High Times Magazine: $1.5 Million for Every Year in Business

Give or take a few million

High Times magazine was founded 43 years ago in New York by Tom Forcade. This week, it was announced that a group of investors has acquired a majority stake in the property at an overall valuation of $70 million.

In the mix is Bob Marley’s youngest son, Damian who, via Keith J. Kelly, frames the deal with a colorful wraparound angle:

“When I was in high school I used to grow some herb,” Marley said. “I learned to differentiate the male from the female plant by reading High Times magazine.”

Kelly’s

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