Another Jay Z Business Fails As His Marijuana Company Collapses In Massive Debt

December 3. 2024

Jay Z

This is a follow up to the November 12, 2024 article "Hollywood Cultists Diddy, Madonna, Jay Z, Beyonce, Rihanna, Taylor Swift, Lady Gaga, Rupert Murdoch And Simon Cowell, Among Others, Have Been Criminally Spying On People In Their Homes For Undue Financial Enrichment" where I stated "Dumb and stupid Beyonce and Jay Z have stolen an enormous amount of my copyrights (songs, music videos, photos, movie scripts) and business plans (restaurant, hotel, entertainment management company, sports management company and fashion company). They've also stolen copyrights belonging to many others (Beyonce And Jay Z Copyright Infringement)."

It was announced this week that another Jay Z business has failed. Jay Z started a marijuana business called Monogram with $575 million in capital that was raised by the Parent Company, of which Monogram was a subsidiary. The business has collapsed. The Daily Mail is reporting the money that was raised is gone and the public refused to buy Jay Z's substandard $50 pre-rolled marijuana joints that only burned for a few seconds. Of all the idiotic things to put on the market. People are making jokes on social networking asking how a former crack cocaine dealer, Jay Z, can't even sell weed.

Jay Z and Beyonce

Jay Z and Beyonce are not real or legitimate businesspeople. They are unintelligent thieves stealing everything in sight and much of the intellectual property and business plans they've stolen they do not understand. It is so pretentious and pathetic.

STORY SOURCE

Jay Z's luxury cannabis company goes up in smoke after struggling to sell $50 joints

Published: 14:49 EST, 2 December 2024 | Updated: 17:03 EST, 2 December 2024 - Jay-Z's cannabis brand Monogram appears to be in trouble, with punters loathe to pay $50 for one of his luxury joints and the business losing half a billion dollars since it was launched to great fanfare in 2020.

The 'Empire State of Mind' rapper,' also known as Shawn Carter, is celebrated as a savvy businessman, but his stylish weed company is floundering — like many others that braved California's tough legal pot market. Monogram's website lists nine retailers across California and Arizona that it says stock its wares. But none of them currently lists any of Jay-Z-endorsed buds or joints on their online menus.

Meanwhile, the conglomerate behind it, The Parent Company (TPCO), has burned through most of its $575 million launch cash and merged into another firm, which also appears to be in financial trouble, according to SFGATE. Experts on legal weed say it's been much tougher to break into California's tough market than many investors anticipated, and that Jay-Z's Monogram products are over-priced and underwhelming....

https://www.dailymail.co.uk