Thursday, September 29, 2022

Ray J Invests $5M in New Cannabis Company ‘William Ray LA’

Ray J speaks on stage during BET music showcase Grammy Awards weekend at NeueHouse Hollywood on February 08, 2019 in Los Angeles, California.
(Source: Randy Shropshire/Getty Images North America)

*Ray J has announced his latest business venture is taking on the cannabis industry, as the singer has reportedly invested $5 million in William Ray LA, a new recreational cannabis business.

While the company has been in the works for a year, High Times reports that it will finally become official this week, as Ray J revealed to his followers on Instagram. According to the outlet, William Ray LA has “an indoor grow facility, an expert team, and plans to launch with self-branded preroll joints that will come in either indica or sativa varieties.”

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“ WILLIAM RAY LA “ JUST LAUNCHED MY NEW CANNABIS BRAND MANAGEMENT FIRM! – PEANUT BUTTER AND JELLY FLOWER – OIL AND PURPLE LYRIQ THC DRINK- EDIBLES – FLAVORED PACKAGING- And a lot more!! I’m serving as the company with the license to sell and distribute in many states! Starting with Cali , Arizona , Kentucky! Still adding more companies and more brands all year long!! Things don’t happen over night!! Let’s make this a successful journey!!! More info on the way!! Click the link in my bio to purchase and for any questions about WILLIAM RAY LA – NEW WRLA JET TO GET US HIGH IN THE SKY!! #G450 ???? #treehouse #WILLIAMRAYLa #peanutbutterandJelly #cannabis #weed #smoke #oil #C21Meds #kentucky #arizona #PB&J #indica #sativa #hybrid #PJ

A post shared by Ray J (Raytron Dadon) (@rayj) on

via  TMZ:

Our Ray J sources tell TMZ … he’s already poured in $5,000,000 to fire up a cannabis company in Cali, and the first rollout will feature pre-rolled joints, dubbed, “Ray Jay’s.”

As you see in the video, Ray J ain’t playing around when it comes to his plants … he’s already got a greenhouse stocked with rows and rows of dank, and the flowers look like the stickiest of the icky!!!

The company is called MADDVIBES, and Ray J’s assembling a top-notch gang of ganja experts specializing in growing, branding and marketing herb … and he’s going to put his stamp on the biz with his own personal knowledge and expertise. See, smoking pot has tons of benefits!!!!

Ray J’s manager told TMZ that his new cannabis company will focus on alternative marketing strategies in media, music and entertainment.

In a video posted online Monday, the businessman said he was “honored and happy” to be involved with California’s lucrative cannabis industry.

via High Times:

Ray J is branding indica strains OG and the sativa strains LP. Both strains will be available in glass jar and pre-roll varieties. Marketing materials emphasize the “earthly, pungent, lemon aromas” of the indica pre-rolls and the “uplifting, citrus, fruity” experience of the sativa pre-rolls.

In a recent Instagram post, Ray J thanked his team in Kentucky, Arizona, California and Las Vegas — possible locations for where he may next launch William Ray LA. 

“Been working on deal for a year now!! Stayed up for days at a time getting work done!” Ray J said on Instagram. “We’ve worked hard to get to this point! Now let’s go get these MMMMs!”

Ny MaGee
Ny MaGee is an entertainment reporter with over 15 years of experience working in the film industry in areas including production and post-production, marketing, distribution, and acquisitions. She has worked for legendary film producer Roger Corman, Quentin Tarantino's production team at Miramax, the late Larry Flynt, MTV/ VH1, Hallmark Channel, Paramount, Jim Henson Co., Parade Magazine, and various LA-based companies representing above-the-line talent.




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