The cannabis culture company launched an equity crowdsourcing campaign on its own website Tuesday ahead of an official IPO expected this quarter. CEO Adam Levin told Cheddar shares will be offered at $11 apiece.
For the full interview, [click here](https://cheddar.com/videos/adam-levin-on-taking-high-times-public-on-the-nasdaq).
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.
