Hightimes Holding Corp. entered into definitive agreement to acquire 530 Collective in Shasta Lake on June 9, 2020. Consideration to be paid mostly in stock. In a related transaction, Hightimes Holding Corp. entered into a definitive agreement to acquire Redding store. The stores, which also operate a multi-region delivery business, will be rebranded as "High Times properties" upon closing. The acquisitions will retain the 43 employees staffed and continue the operations of the two active dispensaries. Transaction is expected to close within 60 days. Hightimes Holding Corp. completed the acquisition of 530 Collective in Shasta Lake on August 26, 2020.