Rapper and weed aficionado Snoop Dogg to Invest in Marijuana Industry

February 9, 2015 10:09 pm

The rapper and weed aficionado is putting together a fund to invest in
cannabis-related startup businesses, to take advantage of the
fast-growing legal marijuana industry.

Sources claim that (Snoop’s real
name) is looking to raise $25 million to fund his business venture, but
no specific details have emerged yet.The venture is expected to bother on the
cultivation or production of medical marijuana, which is legal in some states of
America. it will also focus on technology affiliated with the
industry.
This isn’t the first business investment in which the rapper has been
involved – he’s previously invested in Reddit and stock trading
platform Robinhood. He is also allegedly making millions of dollars from pimping.

Proponents of medical marijuana argue
that it can be a safe and effective treatment for the symptoms of
cancer, AIDS, multiple sclerosis, pain, glaucoma, epilepsy, and other
conditions. They cite dozens of peer-reviewed studies, prominent medical
organizations, major government reports, and the use of marijuana as
medicine throughout world history.

Opponents of medical marijuana argue that it is too dangerous to
use, that various legal drugs make marijuana use
unnecessary. They say marijuana is addictive, leads to harder drug use,
interferes with fertility, impairs driving ability, and injures the
lungs, immune system, and brain. They say that medical marijuana is a
front for drug legalization and recreational use.

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