Higher Occasions Holding Corporation is thrilled to announce that veteran media and entertainment executive Kraig Fox will take more than as the company’s President and Chief Executive Officer. In his new function, Fox will oversee the operations of the business, which involves Dope Magazine, Culture Magazine, Green Rush Every day, and the Cannabis Cup Festivals. Fox’s substantial profession involves executive positions on the teams of Reside Nation, Core Media, Guggenheim Partners, and Eldridge Industries.
Higher Times’ former CEO, Adam Levin, who has served due to the fact 2017, will now move into the function of Executive Chairman.
“Kraig’s operating and finance practical experience with public organizations in the reside entertainment, music and branding sectors tends to make him the excellent executive to take the Higher Occasions brand, our increasing portfolio of assets and our business enterprise operations to the subsequent level,” Levin mentioned.
Fox is joining the Higher Occasions loved ones through a phase of development, with various higher-profile acquisitions, and expansion into the sectors of music and Video-on-Demand.
“I think that Higher Occasions is the most precious and recognizable international brand in the cannabis sector,” Fox mentioned. “This is an fascinating time for cannabis globally, and I’m thrilled to be at the helm of this portfolio of properties and brands as we continue to expand each organically and by means of acquisitions.”
“As the major ‘non-plant’ touching business enterprise in the business, Higher Occasions is delivering investors with an awesome chance to participate in the macro development of cannabis. We strategy on maintaining our public providing open for a short period as we conclude discussions with institutions and other key investors. Each the investor and cannabis communities recognize that Higher Occasions is uniquely positioned to empower the business with optimistic lengthy-term monetary returns,” he continued.
Fox mentioned that he was excited to join Higher Times—a 44-year-old institution devoted to educating persons about cannabis, empowering the visionaries who function in the business, and inspiring these who want to join. Not too long ago, the iconic brand has embarked on raising capital through a single of the biggest Regulation A+ funding initiatives in cannabis history, currently attracting far more than 20,000 investors. The business is preparing for the public listing of its shares, which is anticipated later in 2019.
“As our operations expand globally, Kraig will give each the personnel leadership and operational approach to bring optimistic returns to these financially invested in the Higher Occasions brand,” Levin mentioned. “I couldn’t be far more excited to have Kraig join us.”