CANNABIS MEDIA BRANDS STRUGGLE
Cannabis lifestyle media brands High Times and Civilized are struggling to gain traction in the current media environment, the N.Y. Post reports.
- Sources say Civilized laid off most of its editorial staff in recent weeks to focus on its creative agency and events.
- High Times continues continues to try and raise money through a crowdsourced IPO which it hopes will lead to it trading on a public market.
- The more business-focussed Cannabis Business Times is apparently having more success.