JAY-Z’s Marijuana Co. Signs Deal To Produce 900,000 Lbs Of Cannabis



Beyonce & Jay-Z's Kids: See Cutest Family Photos – Hollywood Life

Thats Another ”B” Rapper

Hip hop mogul, JAY-Z, knows how to make serious money moves. The rap mogul has his hand in just about any market you can think of, from Ace of Spade to Tidal,streaming services. Just this year alone, he finalized a deal with Jack Dorsey’s Square Inc. to acquire a majority stake in Tidal

He launched his monogram cannabis brand at the tail end of last year just as the legal marijuana industry is about to take off. According to a press statement, he’s also gearing up to become an owner of California’s largest cannabis producer after multiple multi-million dollar deal. 

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According hnhp;

Hov’s The Parent Company, acquired Mercer Park Brand Acquisition Corp for $50 million. Mercer Park is set to merge with Glass House Group in a deal worth more than $567 million. After the merger, The Parent Company will officiate a 10-year-deal with Glass House to produce nearly 500,000 pounds of cannabis. Additionally, the companies are finalizing a six-year $25 million retail partnership that will allow The Parent Company products to be sold at Glass House stores.

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