Jay-Z Announces $10M Fund for Minority-Owned Cannabis Startups

Jay-Z is launching a fund to invest in minority-owned cannabis startups. 
In a new interview with The Wall Street Journal, the rapper speaks about his first cannabis brand, MONOGRAM, social justice within the cannabis industry and the $10 million fund he has launched in partnership with The Parent Company to invest in minority-owned cannabis startups. 
“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,” the shared with the publication. “It’s not a spreadsheet, it’s real people…I wanted to do something in a real, concrete way, where I do my part.” 

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