The authorized hashish enterprise is all the trend lately and together with your favourite Hip-Hop artists getting in on the sport, Diddy determined it was the proper time to purchase his means into the enterprise. Sadly, issues didn’t end up precisely how he had hoped.
TMZ is reporting {that a} $185 million deal that the OG Unhealthy Boy had lined up with a hashish firm sadly went left and left Diddy out within the chilly in the interim. Although we’re certain Diddy received’t be giving up on his imaginative and prescient of proudly owning his personal weed firm, this was a setback that he didn’t see coming as he was patiently ready for the deal to get performed.
TMZ experiences:
Sources with direct data inform us Diddy waited within the wings as Cresco Labs and Columbia Care deliberate their proposed merger that was agreed upon final yr.
Nonetheless, we’re informed the shareholders by no means reached an settlement, and Diddy’s deal was terminated earlier this week as a consequence. Diddy’s staff tells us he and his Combs International empire nonetheless have a vested curiosity in pursuing alternatives to diversify the hashish trade … they simply have to search out the proper match.
The transfer would’ve made Diddy the proprietor of 9 shops all through New York, Massachusetts and Illinois, with every having its personal manufacturing facility … successfully making him the largest Black hashish enterprise proprietor.
Y’all know Diddy may be slightly peeved at the truth that he’ll have to attend a bit longer to develop into the “greatest Black hashish enterprise proprietor” within the sport. He’s gonna love saying that to anybody keen to pay attention.
When the subsequent deal presents itself stays to be seen, however finest imagine he’s not going to accept some common previous marijuana firm that has a retailer or two. If Diddy isn’t going huge, he’s going dwelling. That’s simply how he rolls.
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