Raw Rolling Papers founder Josh Kesselman and Matt Stang, a former co-owner of High Times, paid $3.5 million to acquire the marijuana-centric counterculture magazine and brand.
The all-cash deal also includes the Cannabis Cups, which will be reintroduced with third-party judging and zero pay-to-play involvement, according to a Tuesday news release.
The revamped Cannabis Cup is expected to return early next year, the release noted.
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“Eighteen-year-old stoner Josh would be in complete disbelief that I get to bring back a piece of history that has played such an important part in culture and impacted so many lives, including my own,” Kesselman, whose Raw brand is based in Phoenix, said in a statement.
“This feels like a dream. Having Matt Stang, an OG and
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