Ray J Signs $1 Million Deal to get Investors into the Cannabis Business
Ray J has signed $1 Million dollars to get investors into the cannabis business. The singer is making bank to get people to invest in weed. He just inked a lucrative deal to convince rich folk to bankroll legal marijuana start-ups.
According to TMZ, Ray J is making $1 mil per year to get people to spend money on weed, as an executive for a cannabis crowdfunding company.
Ray J signed on to become the chief strategic media officer for MarijuanaStock.org. His new duties include making infomercials for the brand, encouraging people to invest in the burgeoning bud biz and enlightening potential investors on the possible high returns. Financially, that is.
The company sought out the American singer because he’s super plugged into the legal weed biz. He was also considered for his long list of celebrity friends. In Ray’ J’s case, it’s what he knows and who he knows.
Ray J’s manager, David Weintraub, says Ray was given full creative control for his new venture.
Ray recently became heavily involved in legal marijuana, pouring in $5 Million to join the green rush and get his own chronic company off the ground.
Now, Ray J is turning ganja even more green.