Just read High Times Quietly Removes Crypto Payment Option From IPO Website

High Times Quietly Removes Crypto Payment Option From IPO Website

Cannabis advocacy publication High Times is no longer accepting cryptocurrencies as a payment option for its ongoing initial public offering (IPO), CoinDesk has learned. At the time, High Times said in a press release that it would accept bitcoin as a payment method for the fundraise. Rather, a third-party processor converted the cryptocurrencies into U.S. dollars, which were then sent to High Times. Now, the bitcoin payment option has been removed entirely from the company's investors page. However, another SEC filing shows that the IPO – which was originally set to end on September 12 – has been extended through to October 31.

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Wednesday, September 19, 2018