“Can Legal Weed Save the Music Industry?”
That’s the headline in this story from California’s East Bay Express. The author may have a point. Maybe record stores should start selling weed to make up for falling record sales.
Everyone knows the music industry is in the dumps — shattered by the collapse of sales of physically recorded music. But what few people know is the surging weed industry is helping to prop things up.
Rapper Snoop Dogg is an investor in the leading weed delivery app, Eaze, and late last month, he launched the digital weed media empire Merry Jane. Willie Nelson, as well as the estates of Jimi Hendrix and Bob Marley, are all readying branded pot strains.
Now, the Bay Area’s recorded music mecca, Amoeba Music, is making a play. A one-year-old medical pot clinic in Amoeba’s San Francisco store is helping to keep the iconic store from meeting the fate of other music retailers.
And this fall, Amoeba Music is seeking a permit for a medical marijuana dispensary inside the company’s 25 year-old flagship store on Telegraph Avenue in Berkeley. Not to be too blunt, but can legal weed save music? “Yes,” said Amoeba co-owner David Prinz. “Weed can help save music — absolutely. Here’s a way.”
Read the rest of the article here.
Meanwhile, Snoop Dogg has struck a deal with a Canadian pot producer. From the Globe and Mail:
Marijuana producer Tweed is pairing up with weed-smoking, gin-and-juice sipping Snoop Dogg in a deal that will grant the Ontario-based company exclusive rights to use certain content and brands owned by the rapper’s company, LBC Holdings.
In exchange for the rights, Tweed will pay Snoop Dogg an undisclosed amount in cash and stock.
The partnership is the rapper’s first foray into the Canadian cannabis industry.
Calvin Broadus Jr., the rapper known as Snoop Dogg, has made a number of investments recently in the marijuana business, including launching his own cannabis line, Leafs by Snoop, in Colorado last November. No matter who you are, with the right information through sites like https://www.marijuanaseo.com/instagram-marketing/ on how to grow you online presence for your marijuana business, knowledge and an interest into this particular industry, you will be able to succeed. Even Snoop Dogg may need a bit of help with his investments, even if he does smoke marijuana frequently.
Earlier last year, he created a venture capital fund focused on the pot industry called Casa Verde Capital.
The deal with Tweed is valid for three years and may be renewed for another two at the end of that term.
Continue reading. And if you want to know more about Snoop’s company, go here. To learn more about the Canadian cannabis industry, you can shop canada marijuana to see the offerings of a company there.
