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Legalized marijuana in New York also impacts Jay-Z’s business portfolio: In October 2020, the rapper announced he would launch his own cannabis brand, Monogram, through the weed company Caliva, which was then acquired by the Parent Company. Jay-Z was then named Chief Visionary Officer of the California-based Parent Company, which now will set its sights on the Empire State. “Today, I’m proud to see my home state join the Parent Company in paving the way for a thriving and equitable cannabis market,” Jay-Z added in his statement. Earlier this year, the Parent Company and Roc Nation joined together to launch a national campaign that both challenged states’ preexisting marijuana laws as well as give black and other minority entrepreneurs equal opportunity to participate in the legal cannabis industry.

New yorkUnited statesAndrew cuomoParent companyFollowing new yorkMarijuana legislationTaxation act wednesdayNew yorkersTaxation actNew york governor andrew cuomoChief visionary officerCalifornia based parent companyRoc nationபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்மிச ou ரி