High Times Magazine owner, Hightimes Holding Corp., confirmed Tuesday the acquisition of two cannabis dispensaries in Northern California.
Under the deal, the Los Angeles-based publishing and events company will purchase 530 Collective in Shasta Lake as well as a store in Redding, which operated by Synergy (which does business as [email protected] Enterprises).
The operations in both dispensaries will continue without cutting the workforce.
The deals are expected to close in 60 days. After that, the dispensaries will be rebranded …