Ganjapreneur reports…

Jay-Z has established a $10 million fund to benefit minority-owned startups in the cannabis industry.

Rapper and entertainment mogul Sean “Jay-Z” Carter has created a $10 million fund for minority-owned cannabis industry startups, the Wall Street Journal reports. Carter, who launched his own cannabis brand, Monogram, in October and serves as chief brand strategist for California cannabis company Caliva, said people of color comprise just a small percentage of cannabusinesses.

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Jay-Z Launches Fund for Minority-Owned Cannabis Startups