Ray J has been a very good entrepreneur outside of the music industry as he’s sold over $1 million worth of his Scoot-E-Bikes and now is taking a huge interest in the marijuana industry. According to TMZ, the LA artist just signed a $1 million deal with MarijuanaStock.org.
In this deal, Ray will be the chief strategic media officer for the company. He will get others to invest in cannabis along with doing infomercials and informing investors on what they’d make on their returns on investments. Sources close to the deal say that MarijuanaStock wanted to do business with Ray due to his close relationships with others in his own industry and his connections in cannabis as well.
This is another huge venture for Ray J as he recently invested $5 million into his own cannabis company as well. Salute to him on continuing to make great investments and having a great entrepreneurial mindset. Flip the pages to check out his announcements on Instagram with the company.