Snoop Dogg Looks to Invest Up to $25 Million in Marijuana Start-Ups

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If you didn’t already know, the legal marijuana market is BOOMING. Ever since states started approving sales, manufacturing and marketing of the once forbidden substance, sparks in the amount of business ventures as well as serious increases in tax revenues have sky rocketed. As a result…true hustlers have been on the hunt, and now the latest from the Hip Hop community as Snoop Dogg Looks to Invest Up to $25 Million in Marijuana Start-Ups.

The once “Snoop Lion” keeps showing us how an OG doesn’t retire, now taking a lead in business Snoop Dogg Looks to Invest Up to $25 Million in Marijuana Start-Ups:

“Clearly, we all know that Snoop Dogg knows marijuana. We won’t get into the details of that (not that we should have to), but according to Tech Crunch, Snoop Dogg is putting together a fund specifically to invest in cannabis startups. According to one source, he hopes to raise $25 million to fund the nascent, but fast-growing legal marijuana industry.”

Snoop Dogg Looks to Invest Up to $25 Million in Marijuana Start-Ups also follows his investment forays into the web highlight Reddit and stock trading platform Robinhoodaccording to Tech Crunch. But “sticking to what he knows” is not exactly what you might think:

“Also according to Tech Crunch, the fund’s bets won’t have anything to do with cultivation and production but instead will focus on tech affiliated with the growing legal cannabis industry. Especially as new ways to produce, distribute and consume cannabis emerge.”

Snoop Dogg Looks to Invest Up to $25 Million in Marijuana Start-Ups follows the buzz from 2 Chainz’ epic debate with TV news anchor Nancy Grace regarding the legalization of marijuana. Also, former “Real Housewife” of New York Bethanny Frankel developing strains for her “Munchie-Free” Skinnygirl Marijuana, noting her shock from “people walking into pot shops like it’s the Gap #prohibitiondone.” Looks like it’s a great time to jump in the pool or “go legit.”

Emilia A. Ottoo: IG || Twit || Pin

 

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