🌿 High Times says it's accepting crypto payments for its IPO

Cannabis publication High Times is accepting cryptocurrency for its ongoing initial public offering (IPO) after all. The publication announced at the beginning of August that it would accept bitcoin ($BTC) and ether ($ETH) for its IPO, but later walked back that announcement in an August 13 filing submitted to the U.S. Securities and Exchange Commission (SEC). “A third-party processor called Fund America is taking the two cryptocurrencies and converting into U.S. dollars, which the company will then receive,” a High Times representative said to CoinDesk.