Rapper Snoop Dogg, like many rappers, is hell bent on growing his money. He has transformed his career in music into other businesses most notably the weed industry.
Now, according to TechCrunch, the D-O double G’s Casa Verde Capital venture firm recently closed its debut fund with a $45 million take.
Cannabis, weed, reefer, whatever you call it, is expanding nationwide as a business as legalization becomes the norm. Snoop’s venture firm invests seed money and Series A investments in businesses working alongside the cannabis industry. Casa Verde Capital’s website defines an ancillary cannabis business as company that it is “not touching the plant.”
Casa Verde Capital targets its investment capital on marijuana businesses developing ag-tech, health and wellness, financial services, technology, media, compliance, and laboratory technology. According to Karan Wadhera, the firm’s managing partner, Casa Verde has made eight “seed-stage to Series A-size investments” of “$1 million plus” so far, with the largest going to LeafLink, a marijuana marketplace for retailers and brands.
50 Cent
Now did he or didn’t he find millions of dollars in bitcoin he didn’t know he owned? The AACR reported that 50 Cent, born Curtis Jackson, claimed that he found he owned nearly $8 million dollars in bitcoins that he received off sales of a previous album.
But now Curtis Jackson is rapping a different lyric. According to TheBlast.com court documents showed that 50 admitted he never owned any bitcoin and knew the story was bull but went along because it enhanced him image. 50 Cent admitted that he never owned $8 million in bitcoin and said “so long as a press story is not irreparably damaging to my image or brand, I usually do not feel the need to publicly deny the reporting.”
But 50 Cent did a little bit more than just go along with the story. He bragged about his sudden bitcoin windfall on Instagram and Twitter. The rapper posted “Not bad for a kid from South Side, I’m so proud of me.” and “A little bitcoin anyone? LOL. l know l make you sick but excuse me…I’m getting to the bag.” On Instagram 50 said to his fans, “Ima keep it real, I forgot I did that shit lol.”
