High Times Holding Corporation is thrilled to announce that veteran media and entertainment executive Kraig Fox will take over as the company’s President and Chief Executive Officer. In his new role, Fox will oversee the operations of the company, which includes Dope Magazine, Culture Magazine, Green Rush Daily, and the Cannabis Cup Festivals. Fox’s extensive career includes executive positions on the teams of Live Nation, Core Media, Guggenheim Partners, and Eldridge Industries.
High Times’ former CEO, Adam Levin, who has served since 2017, will now move into the role of Executive Chairman.
“Kraig’s operating and finance experience with public companies in the live entertainment, music and branding sectors makes him the ideal executive to take the High Times brand, our growing portfolio of assets and our business operations to the next level,” Levin said.
Fox is joining the High Times family during a phase of growth, with several high-profile acquisitions, and expansion into the sectors of music and Video-on-Demand.
“I believe that High Times is the most valuable and recognizable global brand in the cannabis sector,” Fox said. “This is an exciting time for cannabis globally, and I’m thrilled to be at the helm of this portfolio of properties and brands as we continue to expand both organically and through acquisitions.”
“As the leading ‘non-plant’ touching business in the industry, High Times is providing investors with an amazing opportunity to participate in the macro growth of cannabis. We plan on keeping our public offering open for a brief period as we conclude discussions with institutions and other major investors. Both the investor and cannabis communities recognize that High Times is uniquely positioned to empower the industry with positive long-term financial returns,” he continued.
Fox said that he was excited to join High Times—a 44-year-old institution dedicated to educating people about cannabis, empowering the visionaries who work in the industry, and inspiring those who wish to join. Recently, the iconic brand has embarked on raising capital through one of the largest Regulation A+ funding initiatives in cannabis history, already attracting more than 20,000 investors. The company is preparing for the public listing of its shares, which is expected later in 2019.
“As our operations expand globally, Kraig will provide both the personnel leadership and operational strategy to bring positive returns to those financially invested in the High Times brand,” Levin said. “I couldn’t be more excited to have Kraig join us.”