Jay-Z Creates $10 Million Fund to Help Increase Minority-Owned Cannabis Companies

Jay-Z is launching a fund to invest in minority-owned cannabis startups in hopes to usher in more Black participation in the cannabis industry, The Wall Street Journal reports.  Jigga’s fund stems from the acquisition of two California-based marijuana companies, Left Coast Ventures and CMG Partners, by Subversive Capital Acquisition Corp. The merged company that has now been dubbed The Parent Company will useContinue reading “Jay-Z Creates $10 Million Fund to Help Increase Minority-Owned Cannabis Companies”

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Jay-Z Announces New Marijuana Brand Monogram [Photo]

The Carters keep checks coming in. Jay-Z is growing his empire, he announced Friday that he is launching his first line of cannabis in a joint venture with Caliva, a California-based weed company. via: Complex According to a press release, the brand seeks to “redefine what cannabis means to consumers today” with “careful strain selection, meticulousContinue reading “Jay-Z Announces New Marijuana Brand Monogram [Photo]”