Join The Pot Illuminati For The Price Of A Ferrari!

Posted: October 12, 2013 at 2:42 pm

Do you like weed?

Do you have $250,000?

If you answered yes to both those questions, then you are a candidate for the opportunity of a lifetime, according to Steven Hager, the former editor of High Times magazine. Hager is a shareholder of the esteemed pot journal, and he's selling all but one of his shares for $250,000 each. As of this morning, Hager confirmed to me, he still has two shares left.

"Trust me, once pot becomes legal, the value of these shares will explode," Hager wrote on his blog, announcing the sale. "Someday, this company will go public, and when it does, anyone holding a share will become rich in the process . . . It's sort of like getting a permanent seat at the Super Bowl of marijuana and gets you amazing perks at High Times events like the Cannabis Cup."

How Hager came up with the notion that a High Times share is worth a quarter of a million bucks is a bit fuzzy, but he claimed in an email to the New York Observer that there are a total of 67 shares and the company is worth $16 million, so you do the math.

"I am willing to negotiate the price, by the way," Hager told me.

If you're interested, drop a line on Hager's Twitter feed @stevenhager420.

Follow OC Weekly on Twitter@ocweeklyor onFacebook!

More:
Join The Pot Illuminati For The Price Of A Ferrari!

Related Posts