(This story has been updated to reflect High Times’ current funding total.)
High Times, the cannabis media group, is partnering with creative industry awards organization Clio to launch Clio Cannabis, a marketing and advertising awards competition.
Nominations for the Clio Cannabis awards begin Aug. 26.
High Times, which has struggled to raise money for a public offering, said in June it would be targeting the over-the-counter markets as opposed to a planned Nasdaq listing.
High Times said it has raised a total of $25 million in equity and debt. That is half its initial goal of $50 million.
More details on the cannabis awards can be found here.