JAY-Z Creates $10 Million Fund to Boost Minority-Owned Cannabis Companies
According to the Wall Street Journal, Jay-Z is launching a fund to invest in minority-owned cannabis companies in hopes to boost Black participation in the cannabis industry. Hov’s newly established fund…
According to the Wall Street Journal, Jay-Z is launching a fund to invest in minority-owned cannabis companies in hopes to boost Black participation in the cannabis industry.
Hov’s newly established fund uses $10 million in seed money as part of a merger between two California-based marijuana companies, Left Coast Ventures and CMG Partners, by Subversive Capital Acquisition Corp. The Parent Company will then invest two percent of its net annual income to the fund.
Where Black people have historically been punished harder for drug-related offenses due to the war on drugs, when compared to white people, the fund was created in order to promote Black participation in the cannabis industry.
“It’s really unbelievable how that can happen,” said Jay-Z. “We were the ones most negatively affected by the war on drugs, and America has turned around and created a business from it that’s worth billions.” Hov added, “I wanted to do something in a real, concrete way, where I do my part.”
The Social Equity Ventures is set to donate $1 Million to each startup it chooses to invest in. The venture will be run by Jay-Z and Roc Nation CEO Desiree Perez, who was also one of the nearly 150 people pardoned by Donald Trump this past Tuesday.
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GTA V’s Michael, Ned Luke, Grills Kai Cenat for Cash on Explosive Live Stream
Kai Cenat stands as a titan, captivating audiences globally with his dynamic content. A recent spectacle unfolded on his stream, pushing the boundaries of virtual entertainment. Last night, the streaming maestro had a surprise for his viewers—a live reaction to the much-anticipated GTA VI trailer with none other than Ned Luke, the iconic voice behind Michael from GTA V.
As the virtual dust settled, a twist emerged in the narrative. Instead of a mere discussion on the upcoming game, the stream took an unexpected turn. Ned Luke, in a surprising move, began pressing Cenat for cash. The voice of one of gaming’s most beloved characters insisted that Cenat’s imminent surge in popularity, fueled by the GTA VI hype, should translate into financial gain for him. The demand for funds and Luke’s distinctive humor played out like a scene from the virtual world bleeding into reality.
Cenat, keeping his cool, tried to diffuse the situation, assuring Luke that the support was on its way. The exchange reached a comedic climax when the stream played back the unfolding drama to Luke, who erupted into laughter. Was it a genuine request for compensation or a carefully orchestrated performance aimed at stirring the online community? Luke, a seasoned actor, seemed to be playing a role even off-screen.
In the realm where reality and digital spectacle intertwine, this unexpected encounter between Cenat and Luke amused and intrigued viewers. As the dust settles, one thing is certain—Kai Cenat’s streams are not just about gaming; they’re an unpredictable fusion of entertainment, celebrity guests, and the unpredictable nature of live content, keeping fans hooked for the next surprise in the virtual universe.
Coi Leray Breaks the Internet, The Real Story Behind Her Stunning Transformation
Coi Leray, a rising star who is constantly in the spotlight, has faced a fair share of criticism throughout her journey. From lackluster festival performances to viral hits, her career trajectory has been nothing short of a rollercoaster ride. Despite the hurdles, she managed to break through with her album COI, which showcases her versatility across various genres.
Coi Leray is known for her unabashed embrace of sexuality on social media and has been captivating fans with her sultry photos. Recently, she teamed up with Playboy to solidify her bold image. However, a recent series of photos sparked speculation about changes to her face, leading to rumors of cosmetic procedures. But hold your judgment.
In a tweet that set the record straight, Coi Leray clarified the mystery behind her transformed appearance. “lol because I’m gaining weight and it’s going to my face,” she shared on Twitter, accompanying the statement with a selfie. With this candid revelation, Leray shut down the gossip mill, demonstrating a level of transparency uncommon in the entertainment industry.
In a world where many artists would choose silence over addressing such rumors, Coi Leray remains unapologetically real. Her openness about the changes in her appearance adds another layer to her authenticity, proving that she’s not just an artist who makes headlines but one who keeps it genuine with her audience.
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