High Times has just announced their latest in a series of mergers and acquisitions: the Seattle, Washington-based DOPE Magazine. The acquisition was a $11.2 million deal, split between cash and stock in the rapidly growing High Times Media company.
Debuting almost eight years ago, the magazine’s name is an acronym for Defending Our Plant Everywhere. The ‘P’ also stands for ‘people,’ ‘patients,’ and ‘planet.’ In that short time, DOPE Magazine has accrued 481,000 social media followers and almost 600,000 monthly web visitors. DOPE Magazine also publishes eight location-specific print editions across six states: California, Nevada, Washington, Oregon, Colorado, and Arizona.
Read the full story
SmokeTools is an automated news aggregation service. All copyrights belong to their respective owners. Images and text owned by copyright holders are used in reference to and promotion of those respective parties.