Looks like Moneybagg Yo is on to his next business move.
AllHipHop reports that the rapper will be launching a non-fungible token (NFT) cannabis brand in partnership with sayBLOWE and Soul Creations Management. The “Midnight Patek Smokeable NFT” will drop in March and feature 10,000 NFTs.
“I’m dropping my NFTs,” Moneybagg Yo said in a clip posted by the CEO of Soul Creations Management. “It’s only 10,000 of these. So, you better hurry up and snatch yours.”
In early February 2022, NFT marketplace SayBLOWE shared more details regarding the collaboration with Moneybagg Yo.
Fans who snag an NFT will receive “real-life products” during the launch in March 2022. For more information, you can check out the companies’ Instagram accounts.
Cannabis And The Metaverse Collide
Moneybagg Yo may be entering the metaverse with a new cannabis venture, but he won’t be alone.
Jessie Grundy — the founder of Peakz — recently spoke to AfroTech about a first-of-its-kind cannabis NFT brand alongside The Parent Company.
In February 2022, Peakz released a digital cannabis dispensary, which is later expected to feature an exclusive line in partnership with hot names in Hip-Hop that include Young Nudy, Trina, E-40, and more.