Showing 4 results for:

Black Cannabis Owners

by Topic

All results

Soulja Boy Joins The Latest Wave Of Rappers To Launch His Own Cannabis Brand

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...

Njera Perkins

Jul 30, 2021

Allen Iverson Teams Up With Al Harrington's Viola To Change The Cannabis Industry

Two NBA stars are teaming up for a one-of-a-kind brand partnership to revolutionize the cannabis market. Today, Viola — the largest Black multi-state cannabis operator in the nation — announced its latest brand partnership with NBA legend Allen Iverson that will span cannabis, product, and merchandise. Founded by NBA vet Al Harrington, Viola plans to make this new alliance an industry-leading and scalable collaboration. Iverson previously got a chance to get a glimpse of the growing process behind the Viola brand. After witnessing its full-scale operation, dedication to the cannabis plant and minority participation as well as ownership in the industry, he knew the partnership was meant to be. “I’ve had a lot of people approach me with business opportunities, but this one with Al was different,” Iverson said in a statement. “After seeing how devoted he is to this business, and him educating me on how beneficial the plant is, it just felt right. I’m excited to be a part of it....

Njera Perkins

Jul 29, 2021

Three Cousins Open The Only State-Licensed Dispensary In San Francisco's Park Merced Neighborhood

For many Black-owned and family-owned businesses, their missions are often rooted in stories of community, unity and perseverance through life’s obstacles. In the case of Flight — the newest and only state licensed cannabis dispensary in San Francisco’s Park Merced — cousins Eric Grayson, Keena Middleton, and Charles Toney II all teamed up to launch a business that could set an example for their community and honor their family all at once. “It means a lot because we’re from here, but it means a lot more because it took so much effort to even get to this point,” Middleton tells AfroTech. “[Flight] is not your regular business by any means, you can open up a million [other] things before you open up one of these [dispensaries]. It has a lot to do with being Black as well, but to be able to do it with family members means the world.” The dispensary’s name itself is a tribute to Grayson’s mother, Clara Grayson, who passed away from cancer after the family pooled money together to fly...

Njera Perkins

Jul 20, 2021

Jay-Z Joins Newly-Formed Cannabis Giant TPCO as Chief Visionary Officer

Just a month after Jay-Z launched MONOGRAM with cannabis brand Caliva — where he’s served as chief brand strategist since July 2019 — he’s already made yet another move heading for mogul status within the industry. According to Billboard, Subervisve Capital Acquisition Corp — which has a growing footprint in the cannabis industry — has now acquired two California-based cannabis brands. The end result has landed Jay-Z as the company’s chief visionary officer. In an announcement on Tuesday (Nov. 24), the company revealed the transaction is set to close in January. Acquiring the direct-to-consumer cannabis platform Caliva along with hemp and cannabis producer — Left Coast Ventures — Subversive Capital is ready to take the industry by storm by having the brands combine under a new vertically-integrated cannabis company that will be named TPCO Holding Corp. The deal includes $36.5 million in equity commitments from both existing and new shareholders which include Tuatara Capital,...

Shanique Yates

Nov 27, 2020