WWW- Does the recent arrest of Marc Emery, publisher of Cannabis Culture magazine and the self-proclaimed “Prince of Pot,” mean that the high times are over for marijuana mags?

The 47-year-old Emery was busted July 29 in Vancouver, British Columbia, for selling millions of dollars worth of marijuana seeds in the U.S. and Canada – and faces 10 years to life if extradited to stand trial here.

Now Emery – out on $50,000 bail – is predicting terrible financial consequences for his fellow stoner mags that advertise seeds, especially the New York-based High Times.

“It’s going to be very difficult for all of us, no doubt about it,” he told Lowdown yesterday. “People will be hesitant to take out seed ads. I have some faint hope that I can resist extradition, but High Times is based out of New York and therefore the government could hold people there liable. If you have knowledge that marijuana seed sales are going on, and you facilitate that, you become part of the conspiracy.”

Emery faces charges of conspiracy to distribute marijuana and marijuana seeds, and conspiracy to engage in money laundering.

“There’s actually now very little product that you’re allowed to even advertise in magazines like High Times and Cannabis Culture,” he lamented.

But High Times co-editor Rick Cusick pooh-poohed Emery’s alarmism. “We have a very varied ad portfolio for just this reason,” he explained. “No one part of our business is going to put us in trouble.”

Emery, for his part, is fatalistic.

“I’d say that it’s extremely likely that I’ll spend the rest of my life in a U.S. penitentiary.”