High Times Holding Corp., the cannabis media group currently trying to raise funds for a potential stock exchange listing, is being sued by Southland Publishing over the sale of the latter’s Culture Magazine.
Southland is now seeking both monies owed as well as additional legal costs and damages.Southland agreed for High Times to purchase the magazine a year ago but claims it has not received up to $4 million in promised payments it expected to receive as of December 2018.
Russell Selmont, an attorney for Beverly Hills, California-based law firm Ervin, Cohen & Jessup who is representing Southland, would say only that High Times has filed its responses to the suit and that the litigation is “just getting started.”
Published: June 18, 2019
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