Cannabis Media Leader High Times Goes Back on Promise to Accept BTC

  • Yuri Molchan
    📰 News

    The global leader in “pot” news and culture refuses to accept BTC, changing its mind


Cannabis Media Leader High Times Goes Back on Promise to Accept BTC

Last week, High Times publicized its decision to support virtual coins, like BTC, ETH as part of its coming IPO where the startup plans to raise $50 mln.

Now, almost two weeks later, since the decision to accept crypto was announced, the company is going back on its word and called its announcement a mistake. High Times securities, reportedly, will only be sold for bank checks, credit cards or bank transfers.

When the company’s press release mentioned the refusal to accept BTC, nothing was said about Ethereum, however.

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About the author

Yuri has worked in crypto since 2017. A translator, quickly became a crypto enthusiast. He has worked for several Telegram channels covering cryptocurrencies. Currently is a news writer, covering crypto and blockchain-related topics.

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