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Jay-Z Joins The Cannabis Business!

Photo Credit: Instagram


Jay-Z Joins The Cannabis Business!

Jay-Z Joins The Cannabis Business!

Business mogul Jay-Z, who just became the first Hip-Hop artist to reach billionaire status is continuing to grow his empire! The New York rapper has decided to jump into the marijuana industry by partnering up with cannabis product company, Caliva.

RELATED: Jay-Z Is Officially A Billionaire!

Under a multiyear deal, Jay-Z will be a chief brand strategist and will focus on outreach and the creative direction of the company. Caliva further explained his role in statement saying,

Jay-Z will “focus on and work to increase the economic participation of citizens returning from incarceration — many of who are not seeing the monetary benefits of legalization — through advocacy, job training, and overall employee and workforce development.”

Jay also released a statement and said:

“Anything I do, I want to do correctly and at the highest level. With all the potential in the cannabis industry, Caliva’s expertise and ethos makes them the best partner for this endeavor.”

Socialites, are you here for this? Let us know your thoughts in the comment box below!

Press Play Below For More On Jay-Z’s Latest Partnership:

RELATED: Jay-Z’s Team ROC Reportedly Offers To Help Phoenix Family Who Was Threatened To Be Killed By Cops


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