Ray J Reportedly Invests $5 Million To Launch Cannabis Company
Money Moves: Ray J Reportedly Invests $5 Million Investment Into Cannabis & CBD Firm
Source: Roy Rochlin / Getty
Ray J Is Taking His Investment Game To Another Level
Ray J is ready to collect the bag from the booming marijuana industry. According to TMZ the 38-year-old entrepreneur reportedly invested $5 million to launch his new cannabis brand management company called “William Ray LA”.
The Love & Hip Hop: Hollywood star reportedly already has an indoor grow house and will feature pre-rolled indica and sativa joints called, “Ray J’s.” He also plans to offer a Peanut Butter and Jelly strand of marijuana flower, Purple Lyric THC drink edibles, flavored packaging, along with a whole gang of other products.
“I’m serving as the company with the license to sell and distribute in many states! Starting with Cali , Arizona , Kentucky! Still adding more companies and more brands all year long!!! Things don’t happen over night!! Let’s make this a successful journey.”
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