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50 Cent is making major real estate moves in Shreveport, LA. G-Unit Studios As AFROTECH™ previously reported, the entrepreneur opened G-Unit Studios in the city, now the second-largest Black-owned studio behind Tyler Perry. The 985,000-square-foot property is being used “to operate a production studio and/or activities and uses related to the promotion or development of the film, sound, light, movie, television, broadcasting, recording, and arts industries.” View this post on Instagram A post shared by 50 Cent (@50cent) “Founding my own studio is the next step in my plan to expand G-Unit Film & Television’s output of premium, diverse content across all media and to provide more opportunities for artists, crew members and more jobs within the community,” 50 Cent told KTAL-6 News. Housing Project 50 Cent’s plans for Shreveport also extend beyond his studio. He is rolling out a three-phase plan to transform the city through areas including housing. “We start building houses, and we...
Whoopi Goldberg is being honored. The veteran-actress-turned-television-host has received the Key to West Hollywood! The honor was a result of her commitment to the LGBTQIA+ community and for her work as an entrepreneur, owning the first branded and tested woman-owned cannabis brand in California, Gold Derby reports. Goldberg’s foray into cannabis dates back to 2016. As AFROTECH™ previously reported, she launched Whoopi & Maya alongside co-founder Maya Elisabeth of Om. The company existed to provide medical cannabis to those experiencing menstrual pain, according to CNN. However, that company shut down in 2020 following a string of conflicts. “They wanted to include menstrual cramps in the list of things you can prescribe medical marijuana for but the governor said that will never happen in New Jersey because our doctors only prescribe marijuana for ‘real’ pain,” Goldberg said in an interview with The Cannabist at the time. “The fact that people think of (women’s health) as a niche...
Snoop Dogg is bringing a new cannabis shop to Los Angeles, CA. The rapper, born Calvin Cordozar Broadus Jr. in Long Beach, CA, is preparing his latest venture. According to Benzinga, he is poised to open a cannabis store between the Los Angeles International Airport (LAX), one of the busiest airports in the world with 75 million visitors annually, and SoFi Stadium. LAX is one of the busiest airports in the world, with 75 million visitors annually, per L.A. Business First. The shop has been named S.W.E.D, which stands for “Smoke Weed Every Day.” Snoop Dogg confirmed the store’s launch on X, formerly known as Twitter. The grand opening is set for July 14 at 3 p.m. at 5494 W Centinela Ave., Los Angeles, CA 90045. Snoop Dogg and Death Row Records are expected to be in attendance. “SWED. My store grand opening this Sunday 7/14 here in LA. Ima pop out n c yall there,” Snoop Dogg wrote on X. The dispensary plans to showcase Snoop Dogg’s legacy with memorabilia like the wooden Death Row...
50 Cent plans to develop housing in Shreveport, LA. As Blavity previously shared, the Shreveport area is now home to the rapper’s G-Unit Studios, an extension of his G-Unit Films and Television company. The 985,000-square-foot property aims “to operate a production studio and/or activities and uses related to the promotion or development of the film, sound, light, movie, television, broadcasting, recording, and arts industries,” per a previous report by AFROTECH™. G-Unit Studios’ purpose includes giving opportunities to creatives and the community. 50 Cent has announced a three-phase plan to revitalize the area, with housing development being a focus area, according to KTAL-6 News in Shreveport. “We start building houses, and we have an idea to go into communities and help low- to moderate-income families get mortgages,” Orville Hall, G-Unit’s growth advisor, said per KTAL-6. Furthermore, plans will focus on supporting youth by creating new media programs. “We’re going to go to each...
Anthony Claytor is the first I Promise School student to graduate from college. As AFROTECH™ previously reported, the school launched in Akron, OH, through the LeBron James Family Foundation, which was established in 2004 to “positively affect the lives of children and young adults through education and co-curricular educational initiatives.” The I Promise School came into fruition in 2017 through a partnership with Akron Public Schools (APS) and a committee of local leaders, educators, parents, and experts, Andscape reported. The school officially opened in 2018. “This school is so important to me because our vision is to create a place for the kids in Akron who need it most — those that could fall through the cracks if we don’t do something,” James said at the time, according to Andscape. “We’ve learned over the years what works and what motivates them, and now we can bring all of that together in one place, along with the right resources and experts. If we get to them early...
Determined to have her voice heard in the financial sector, Sandra L. Richards now leads with over 20 years of experience. Since May 2007, she has been a dedicated member of Morgan Stanley. Initially hired as a director, diversity specialist, she supported diversity strategies in recruiting, retention, and business development. Over the years, Richards has been promoted six times, including moving into roles as vice president, business development officer – diverse and multicultural markets; managing director, head of business development and segment marketing; and most recently, managing director, head of global sports & entertainment and segment sales & engagement group for the past five years, according to LinkedIn. In her current role, she focuses on helping entertainers, industry professionals, and athletes build wealth by providing advice, tools, and resources. She is spearheading the digital financial education program Money In The Making, which encompasses topics such as...
Shannon Sharpe is calling the shots now. The former NFL player, who is now a commentator and media personality, has found greater security by turning his full attention towards his own media company, Shay Shay Media, and through podcasts such as “Club Shay Shay” and “Nightcap” featuring former NFL wide receiver Chad Johnson. Notably, the K att Williams interview with “Club Shay Shay” on Jan. 3, 2024, became the most-watched interview in YouTube history, with more than 68 million views. View this post on Instagram A post shared by Shannon Sharpe (@shannonsharpe84) Sharpe’s accomplishment followed a challenging exit from “Undisputed” after the 2023 NBA finals. During a panel discussion hosted by “The Black Money Tree” podcast, he acknowledges the sacrifices he made for his prior job and how he had to find the light at the end of the tunnel, which inevitably led to his next career breakthrough. “I’d be lying if I told you I thought I would be where I am right now at this point in...
Responding to a fundamental calling, Denise Woodard became a visionary in a $2 billion industry. Her Calling Woodard was looking to find a solution to help her daughter who had various food allergies, as previously reported by AFROTECH™. She was searching for snacks that would help her daughter but ultimately started creating her own recipe for cookies made without wheat, tree nuts, peanuts, milk, eggs, soy, fish, sesame and shellfish — launching vegan company Partake Foods in 2016. Woodard saw great promise in her products and believed others would too. She received checks up to $10,000 from family and friends through a Kickstarter campaign to scale the business into Whole Foods and Wegmans, she told Forbes. “I was cobbling together $5,000 and $10,000 checks to keep the lights on, from anyone who would listen,” she told Forbes. “The dribs and drabs were not enough, so I sold my engagement ring. But we were seeing traction, which led us to raise our first institutional round.” A...
Marquitrice Mangham has opened a grocery store in her hometown. According to Capital B News, Mangham was born and raised in Webb, MS, but moved away after high school. Now living in Atlanta, GA, she ventured back part-time to the Mississippi community of less than 500 residents in 2016 after she inherited family farmland. Upon her return, Mangham recognized worsening circumstances had affected housing and businesses in the area. Additionally, for household needs locals could only rely on a Dollar General, which had been in operation since 2009. The nearest grocery store was a 20-mile drive. Mangham decided to support the community by establishing Farmacy Marketplace in 2022. The 2,500-square-foot store sources its fresh foods and meats primarily from local farmers. Additionally, she opened the grocery store under her nonprofit, In Her Shoes, to have access to programs and resources that can sustain the store in the community. “There was only one grocery store in the whole county,...
Never underestimate the power of a good hobby! Following his retirement from the NBA, Dwyane Wade, like many greats who have since left the league, picked up a new golfing habit, which ultimately led him to become a minority owner in the NBA team Utah Jazz. According to Boardroom, the move made in 2021 by Wade continues to get better with time. When he initially joined the ownership group, the former Miami Heat star saw the team at a valuation of $1.75 billion. Today that number has increased to $3.46 billion, per an April 16 Instagram post by Boardroom. “If people are doubting how far you can go, go so far that you can’t hear them anymore,” said Wade on social media at the time of the deal. “Second act activated.” View this post on Instagram A post shared by Boardroom (@boardroom) The Sporting News reports that the deal was made possible thanks to a friendship between the majority owner, Ryan Smith, and Wade that began on the golf course. Smith, a billionaire whose fortune was...
Dwyane Wade is working to diversify the wine industry. The former basketball athlete is accomplishing this as the founder of his own wine brand, Wade Cellars, established in 2014, and as a University of California (UC Davis), Davis board member. According to a news release, Wade joined the school’s Executive Leadership Board for the Department of Viticulture and Enology in 2021. At the time of appointment, David Block , a professor and chair of the viticulture and enology department, shared in a statement: “All of our new board leaders have really unique skills to help the department achieve our strategic goals. They bring excellent communication skills, a passion for diversifying the industry and making sure students receive a great education and fulfilling career, and a passion for wine. Past and current members will help us to reach even a higher level of teaching, research and continuing education for the industry.” Wade’s participation was to serve as a doorway for expanding...
Basketball legend Tony Parker is set to release a wine. Per Bloomberg, entering the wine sector has been a long held goal for Parker since he was 20 years old. “I’ve dreamed of being in the wine business,” he told the outlet. Born in Belgium, he first tasted wine when he was 17 and was able to explore his pallet after signing on to play for the San Antonio Spurs in 2001, where he furthered his wine knowledge through Head Coach Gregg Popovich. Parker would then dedicate summer breaks to visiting estates in France’s Bordeux region, k nown for its top quality wine, including Petrus, Cheval Blanc, Angelus, and Palmer, among others. “I used to ‘love’ to get them to open bottles of 1982,” Parker explained, according to Bloomberg. Coincidently, in addition to it being his birth year, 1982 is also one of the best wine vintages of the past century. Turning his passion into a business, Parker has been soaking up knowledge as a partner in Chateau Las Mascaronne and Champagne Jeeper. He sees...
The classic 1990s film Friday begins with the revelation that Craig has lost his job. And what’s even more nuanced is that he was fired on what was supposed to be a day off. While the movie positions this as a joke and rationale for unexpected free time, the theme of unemployment is not uncommon to many. However, there is one person who has seemingly never been in that situation: Lauren “Keke” Palmer. Born right outside Chicago in Robbins, IL, Palmer is an American actress and singer who gained popularity with her breakout role in Akeelah and the Bee . She grew up before the eyes of millions, taking on several other starring roles in television shows and movies such as True Jackson VP , CrazySexyCool: The TLC Story , and Jordan Peele’s Nope . Her work has resulted in widespread recognition and awards, including a 2021 Emmy for Outstanding Actress in a Short-form Comedy or Drama Series. Palmer is still making waves in the industry as an actress and singer, and she is fully embracing...
Ice Cube has certainly come a long way from his time in the groundbreaking, and seminal, Hip-Hop group NWA. Now considered an “elder statesman” of the genre, the man born O’Shea Jackson has lived several lifetimes over the course of his illustrious career. He is said to be a pioneer of so-called “gangsta rap” to an acclaimed film and television producer — responsible for the hit “Barbershop” and “Friday” series of films, and television shows like “Are We There Yet,” per his IMDb page — to, now, an investor in several businesses, Ice Cube is a living, breathing legend. AfroTech has previously reported on Cube’s different investments, including his most recent sports investment in the Big3 basketball league. Plus, Snoop Dogg has a minority stake in the company. And this is to say nothing of his investments in cannabis, and his “Contract with Black America.” All told, this illustrious career has netted him a $160 million net worth, per Celebrity Net Worth. But throughout the evolution...
Soulja Boy may not be the first rapper to break into the cannabis industry, but he is the latest Hip-Hop artist to cash in on the business. According to a press release, Soulja Boy is launching his own cannabis brand called Soulja Exotics™ with a line of medicinal-quality marijuana in partnership with Grizzly Peak™. The rapper’s brand of marijuana will be distributed exclusively in legal cannabis dispensaries throughout California. For many rappers, the cannabis industry has become a new avenue of revenue that’s getting them more involved in the business. While people like Jay-Z, Wiz Khalifa and others making moves on behalf of Hip-Hop and Black and brown people, Soulja Boy is forging his own path to better connect with fellow smokers. “For years, I’ve been looking for a premium cannabis company to bring my product to market,” Soulja Boy said in a statement. “Grizzly Peak grows their medicinal quality cannabis indoors in coco fiber giving it a smooth inhale and exhale. I have so...