Is Anybody Surprised Snoop Dogg is Creating a Venture Capital Fund for Weed Startups?

Following Snoop Dogg’s investments in entertainment website Reddit, and zero-fee stock trading

By
Music
9,463 Hypes 0 Comments

Following Snoop Dogg’s investments in entertainment website Reddit, and zero-fee stock trading platform Robinhood, the marijuana aficionado has decided to focus his efforts towards an industry in which he has a lot of expertise. The rapper is hoping to gather a fund of $25 million USD to finance cannabis-related startups, with weed delivery service Eaze being a potential recipient. As medical and recreational marijuana legalization continues, startups within the industry is ripe for investment, and the Long Beach rapper is hoping to reap some of the inevitable profit.

Read Full Article
Source
TechCrunch

Join Our Discussions on Discord

The HYPEBEAST Discord Server is a community where conversations on cultural topics can be taken further.

538 Users Online

What to Read Next

Major Labels Keep Most of the Money from Spotify, New Study Says
Music 

Major Labels Keep Most of the Money from Spotify, New Study Says

The ongoing dispute between Spotify and (some) recording artists over insufficient payments could

Nike Introduces the Ultra Versatile LunarTempo Running Shoe
Footwear

Nike Introduces the Ultra Versatile LunarTempo Running Shoe

Nike has quietly announced the release of a new Lunarlon model with its Nike LunarTempo. A

The Kanye West x adidas Yeezy Boost Has Been Unveiled
Music 

The Kanye West x adidas Yeezy Boost Has Been Unveiled

Yeezy season is in full effect. After launching his new website and one week before the official


FKA twigs Is Facing A Legal Fight Over Stage Name
Music 

FKA twigs Is Facing A Legal Fight Over Stage Name

Tahlia Barnett, aka FKA twigs, finds herself in a legal battle with Linda and Laura Good, who have

A Visualization of Apple's Almost 10,000 Patents Over the Last Four Decades
Tech

A Visualization of Apple's Almost 10,000 Patents Over the Last Four Decades

To maintain its lead in the industry, Apple must protect a lot of its innovative ideas from

Hood By Air's Pitti Uomo 87 Presentation
Fashion

Hood By Air's Pitti Uomo 87 Presentation

New York-based Hood By Air presents drone footage among other ground-level shots of its Pitti Uomo

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Help us serve you better

We appreciate your support in allowing HYPEBEAST ads, where we can share contents from the latest fashion, to those culturally relevant. In adding HYPEBEAST to your ad blocker's whitelist, ads on our sites will show while you continue to browse.