Type of person to sell 50$ joints is the type to lose kilos
Jay-Z's cannabis company hires first Black CEO to lead a major public cannabis organization in USA
- Thread starter Responsible Allen Iverson
- Start date
DontEemTry
Superstar
That's bidness, win some, lose some. 
Capital Steez
All Star
Meanwhile, Berner and Cookies 
about to reach a Billy easily.
about to reach a Billy easily.
50.00... for a joint 
a pre-roll???
a pre-roll???
AnonymityX1000
Veteran
This isn't even hustling this is scamming. Jigga never showed any real appreciation for weed smoking in his music. He doesn't understand weed culture. lol
DontEemTry
Superstar
Yeah, he banked on it becoming "upper class" like some fine wine. The idea was always flawed. I respect the ambition, but this was always a long shot
AnonymityX1000
Veteran
Yeah, it's not like fine wine. The price difference between dirt weed and the highest grade is small compared to wine.
I can't think of any strains worth $50 a joint. The only person buying that never smoked weed for any regular amount of time.
The Devil's Advocate
Call me Dad
I invested in this company after this article, just knowing jay was gonna push this shyt like tidal and everything elseJay-Z's cannabis company hires first Black CEO to lead a major public cannabis organization in the US
Jay-Z's cannabis company hires first Black CEO to lead a major public cannabis organization in the US
John Lynch
Associated Press/Invision
Shawn "Jay-Z" Carter's cannabis company, The Parent Company, announced on Monday that it appointed Troy Datcher to serve as the company's new chief executive officer.
- Jay-Z's cannabis company, The Parent Company, has hired Troy Datcher as its new CEO.
- Datcher's role represents the first time a Black CEO will lead a major, public cannabis organization in the US.
- Jay-Z is The Parent Company's chief visionary officer and leads a social equity ventures initiative for the company.
Effective September 8, Datcher's new role represents the first time a Black CEO will lead a major, public cannabis organization in the US, according to a release sent to Insider.
Datcher joins The Parent Company after a 20-year tenure at The Clorox Company, where he most recently served as the company's senior vice president and chief customer officer, and led the company's worldwide sales organization.
The Parent Company, California's leading vertically-integrated cannabis company, has a product portfolio that includes Jay-Z's cannabis brand Monogram among several other cannabis brands. Jay-Z is also the company's chief visionary officer and leads a social equity ventures initiative for the company that's meant to break down the systematic barriers that Black and other minority entrepreneurs face in the industry.
In a statement sent to Insider, Datcher said The Parent Company has a "unique opportunity to disrupt a sector that has disproportionately impacted communities of color – including my own – for far too long."
"This is a chance to partner with cultural powerhouses like JAY-Z and Desiree Perez to rectify the wrongs of prohibition, eradicate antiquated laws and create a new cannabis infrastructure rooted in diversity, equity and justice for our communities," Datcher said. "Together, we can shape a legal cannabis industry that is reflective of our entire culture in California and beyond."
"Troy brings a wealth of invaluable experience driving high-volume sales, implementing growth strategies, and a deep-seated knowledge of strategic brand execution," said Michael Auerbach, chairman of The Parent Company. "His leadership expertise and perspective gained at such a prominent and enduring organization will be a significant advantage as we look to build the first 100-year company in cannabis, meet evolving consumer demands, and create meaningful change in our industry."
"Troy's business acumen, strategic thinking and leadership skills are invaluable qualities that will be critical to our organization's growth," said Desiree Perez, The Parent Company's chief social equity officer and CEO of Roc Nation. "He understands and embraces the unique responsibility we have to redefine the cannabis industry and establish a new precedent for cannabis entrepreneurs to build successful businesses."
Man made a half a freestyle about it and never heard another peep. That stock is under the ground. If he'd even attempted to push it, it could have done crazy numbers. Especially during covid when everyone was locked in, smoking and like 30 states passed bills
Last edited:
DontEemTry
Superstar
Ehh, he musta seen them early numbers and bounced with the quickness
So we just gonna forget about Al Harrington? Ball Family Farms?
Roc Nation PR WOAT.
Told yall, shyt was wack.
itsyoung!!
Veteran
Other companies thriving with same business model
If you search my post history, i had a legal delivery company during covid, before and during this announcement. I was selling eights for $50-80, quarters $120, ounces $350-400
Ive long gave that up, taxes and time commitments were crazy for me as a small business owner
But other companies still selling shyt for the high, Jeeter as an example
Other companies thriving with same business model
If you search my post history, i had a legal delivery company during covid, before and during this announcement. I was selling eights for $50-80, quarters $120, ounces $350-400
Ive long gave that up, taxes and time commitments were crazy for me as a small business owner
But other companies still selling shyt for the high, Jeeter as an example
It seems like there has been a lot of changes in the industry over the last 2 years.
