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Rappers Getting Paid From Cannabis Boom Is Part Social Justice

Rappers Getting Paid From Cannabis Boom Is Part Social Justice
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Rappers Getting Paid From the Cannabis Boom Is Social Justice

Rappers Getting Paid From the Cannabis Boom Is Social Justice
y105music.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from y105music.com Daily Mail and Mail on Sunday newspapers.

Rappers Getting Paid From the Cannabis Boom Is Social Justice

Rappers Getting Paid From the Cannabis Boom Is Social Justice
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Jay-Z Opens $10 Million Fund For Minority-Owned Cannabis Ventures

Carter has opened up a $10 million investment fund aimed at supporting minority-owned cannabis ventures. The Social Equity Ventures Fund is sponsored by Carter and the Parent Company, the parent company of Left Coast Ventures and CMG Partners. Through this fund, Carter aims to bridge the gap between the profitable, growing field and those that were negatively impacted by the Reagan administration s War on Drugs initiative. “It’s really unbelievable how that can happen,” Jay-Z told the “We were the ones most negatively affected by the war on drugs, and America has turned around and created a business from it that’s worth billions.”

Jay-Z Becomes the Latest Celebrity to Launch His Own Cannabis Brand

By Victor Omondi Shawn Carter, popularly known as “Jay-Z” has joined the budding list of celebs who’ve joined the pot business. On Thursday, the ‘Empire State of Mind’ singer launched his premium cannabis brand christened Monogram, making the move in partnership with the Cannabis company Caliva. The billionaire singer and business kingpin adds the brand to a bucket of his successful establishments that include the entertainment firm Roc Nation, the streaming service Tidal, and the alcoholic brand D’Usse cognac. In a statement to the media, the musician said, “Cannabis has been around for thousands of years, yet it is still an industry whose legacy of skilled craftsmanship is often overlooked,” adding, “I created Monogram to give cannabis the respect it deserves by showcasing the tremendous hard work, time and care that go into crafting a superior smoke. Monogram products are next level when it comes to quality and consistency and we’re just getting started.”

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