Snoop Dogg Is Starting A Marijuana Investment Fund
Category: Celebrities | Posted on Tue, February, 10th 2015 by THCFinder
Snoop Dogg has been an icon in the marijuana world for more than two decades. I have seen him perform at many marijuana events. From media reports that came out this week, it sounds like he is trying to start a marijuana investment fund. That’s not too surprising considering how big his name is in the marijuana world already, and how popular the marijuana industry is becoming. There are many people scrambling to invest in marijuana companies, and even more people looking for an investor for their idea, so it’s logical that Snoop is making a move like this.
The details on what exactly Snoop is looking to do is not that clear right now, but the basics are that he is raising 25 million dollars, and is looking to invest in marijuana tech companies. Per Tech Crunch:
Sources tell us the prolific rapper, youth football coach and marijuana aficionado is putting together a fund specifically to invest in cannabis startups. According to one source, he hopes to raise $25 million to fund the nascent, but fast-growing legal marijuana industry. Because his agency is still in the process of raising the fund, its ultimate size is uncertain. His representatives did not reply to requests for comment.
Snoop is one of many celebrities who have begun dabbling in tech investing over the last few years. Ashton Kutcher paved the way with the launch of his A-Grade Investments fund, which has put money into companies like Airbnb, Flipboard, and StyleSeat. But lately he’s been joined by the likes of Nas, Jared Leto and Justin Bieber among others.
As for Snoop, his tech investing career seems to have taken off recently. Over the last few months, the rapper invested in Reddit, the so-called homepage to the Internet, as well as zero-fee stock trading platform Robinhood.
I’m very curious to see how well this actually works out. Yes, Snoop loves marijuana. But consuming marijuana and rapping about it is a lot different than finding the right idea at the right stage of its development and using an investment to take the idea to new heights. A lot of people are making a lot of money right now in the marijuana industry, but for every person making money, there are numerous others that are losing every penny they have on bad ideas or because of bad business practices. We will have to wait and see what ideas get investments, and how those investments pan out.
Cypress Hill rapper B-Real a winner in Santa Ana's marijuana lottery, now can be a real 'Dr. Greenthumb'
Category: Celebrities | Posted on Fri, February, 6th 2015 by THCFinder
ANTA ANA – Hip-hop group Cypress Hill gained fame in the 1990s with marijuana-themed songs like “Dr. Greenthumb.”
Now one of its members might become a real Dr. Greenthumb after he and 19 other applicants won a city lottery Thursday to put them on a path to legally distribute medical marijuana in Santa Ana.
City officials held the lottery at the Santa Ana City Council Chambers two months after residents voted to legalize and tax medical marijuana shops. Santa Ana will likely become the first city in Orange County to have legally operating medical marijuana dispensaries since most cities banned the operations in recent years.
“I think Santa Ana is willing to take the chance to see if this actually works, kind of like Colorado did with respect to putting the legalization in place,” said Cypress Hill rapper Louis Freese, better known as B-Real, who said he plans to name his collective Dr. Greenthumb.
“We want to show ... if done correctly and legally, all the good things that it can bring to the actual city – jobs, revenue stream, more opportunity and quality of medicine.”
Now, Freese and the others selected will move on to the regulatory safety permit phase of the application process, in which the Santa Ana Police Department will have 60 days to review the applicants’ backgrounds.
Measure BB, the city-crafted measure approved by voters on Nov. 4, repeals the ban on medical marijuana facilities that the City Council approved in 2007 to stem the proliferation of such operations.
Read more: http://www.ocregister.com
NICK DIAZ TESTED POSITIVE FOR MARIJUANA IN UFC 183 POST-FIGHT DRUG TEST
Category: Celebrities | Posted on Wed, February, 4th 2015 by THCFinder
Nick Diaz tested positive for marijuana in a post-fight drug test following the UFC 183 main event, according to a report from Yahoo Sports.
Diaz tested over Nevada’s allowable limit of 150 ng/ML for marijuana metabolites, although the exact amount in the fighter’s system was not available as of this writing. It is the Stockton, Calif., native’s third failed test for marijuana in the state. Diaz lost to Anderson Silva via unanimous decision in the UFC 183 headliner at MGM Grand Garden Arena in Las Vegas this past Saturday.
Diaz also tested positive for marijuana following a win over Takanori Gomi at Pride Fighting Championships 33 on Feb. 24, 2007; the Nevada Athletic Commission would overturn that victory to a no contest. Diaz was suspended for six months and fined 20 percent of his purse.
Nearly five years later, the former Strikeforce champion again tested positive for marijuana following a unanimous decision loss to Carlos Condit at UFC 143 on Feb. 4, 2012. Diaz was later suspended for one year and fined 30 percent of his purse from the bout.
Diaz will likely have his license temporarily suspended and must appear before the commission before he can fight again. As a third-time offender in Nevada, Diaz could face an even more stern punishment this time around. The NAC’s next meeting is scheduled for Feb. 17.
The UFC later released the following statement on Diaz’s positive test:
"The UFC has been notified by the Nevada State Athletic Commission that Nick Diaz has tested positive for marijuana metabolites following his fight with Anderson Silva at UFC 183 on Jan. 31 in Las Vegas, Nev. The UFC has a strict, consistent policy against the use of any illegal and/or performance enhancing drugs, stimulants or masking agents by our athletes. As a result of his positive test, Diaz has been informed that he has violated the UFC Fighter Conduct Policy and Promotional Agreement with Zuffa, LLC. The UFC organization will fully respect the Commission’s final decision relating to Diaz at a disciplinary hearing set for February 17."
2 Chainz Vs Nancy Grace
Category: Celebrities | Posted on Fri, January, 23rd 2015 by THCFinder
We all know the tyrant Nancy Grace is a total nightmare to the marijuana community. She talks about the plant as if it’s straight up “the devil” and constantly just reminds me of the mother in the movie Waterboy. Most stoners are too familiar with her awful arguments against weed, sticking mostly to using just straight fear tactics with no hard evidence. As Erik Altieri, communications director for NORML put it, “It is unfortunate that Nancy Grace is content to continue her groundless fear-mongering campaign against the responsible regulation of marijuana. With her outrageous claims that marijuana legalization in Colorado would set off a statewide crime wave proven false by the fact crime was down across the board in the state in 2014, it seems she is willing to keep tilting at windmills for the sake of ratings rather than simply admit she was wrong. One has to wonder, when it comes to Nancy Grace and her outlandish remarks, is reefer madness to blame?”
Last Tuesday, Nancy Grace actually hosted a show in which she guest starred the famous rapper 2 Chainz. The rapper has been arrested for marijuana possession before and thought it would be a good idea to appear on Grace’s show in order to try to set her straight on marijuana law reform. While the lyrics of 2 Chainz might not strike one as debate worthy, he shuts Nancy Grace down with some extremely rational arguments. “Umm, I’m not sure if you know but everybody has the ability to get their hands on pot right now, whether it’s legal or not,” he explained to Grace in the segment. “I just feel like if you legalize this particular drug, it could cut out certain things in the criminal justice system as far as the overcrowding of prisons…”
2 Chainz went on to explain how the regulated marijuana market would help to even out the financial trouble that the country is in, along with the war on drugs and thus, confusing Nancy Grace beyond belief. She really got miffed when he mentioned that he did indeed used to sell weed. But of course, Grace just talks in circles until her segment is over and then blindly declares victory even though she’s been out-argued by someone who’s clearly more educated than her. Grace promoted the clip on Twitter under the hashtag “#pot2blame”… Most of us know that pot is definitely not the one to blame here.
Ace of Spades - Hybrid
Category: Celebrities | Posted on Mon, September, 15th 2014 by THCFinder
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