Teletubby 135,510 Posted December 3 Share Posted December 3 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. Jay-Z’s cannabis brand looked timeless as soon as it launched. The billionaire rapper, legal name Shawn Carter, rolled out his Monogram line of luxury joints and cannabis flower with a photo shoot at the famous Frank Sinatra house in Palm Springs. Models elegantly smoked joints in front of mid-century pool furniture, as if the brand had been around for decades. Glowing profiles in GQ, Vogue and Vanity Fair soon followed. Four years later, it looks like this splashy celebrity cannabis brand has already disappeared. Monogram’s website lists nine retailers where it says its products are for sale — eight in California and one in Arizona — but none include the brand’s products on their online menus. The parent company behind Monogram, confusingly called The Parent Company, hasn’t fared any better. The conglomerate originally hit California’s market with $575 million in cash and plans to take over the entire industry, but after burning through half a billion dollars, it has merged into another company, which itself appears to be in financial trouble. Jay-Z was once named as the chief visionary officer for The Parent Company source source Rita Ora is the Queen of Pop 5 1 1 Quote Link to post Share on other sites More sharing options...
The Ew from Judas 440 Posted December 3 Share Posted December 3 Fully went into this article thinking this man was selling pots and pans Ew 6 16 3 Quote Link to post Share on other sites More sharing options...
bionic 42,667 Posted December 3 Share Posted December 3 I did think it was a weird move to start selling kitchenware and garden ornaments. Maybe he needs to consult Rita Ora for some career advice? buy bionic Quote Link to post Share on other sites More sharing options...
nkta 309 Posted December 3 Share Posted December 3 (edited) honestly I’m all for celebrities’ businesses flopping. I don’t need Lady Gaga selling me lipsticks, I don’t want alcohol from Brad Pitt or Beyonce, etc. Those people are already greatly successful in their fields. Trying to make cash by using their connections and face recognition is shady. Let other people succeed. Don’t be greedy. Edited December 3 by nkta 6 Quote Link to post Share on other sites More sharing options...
windzo 716 Posted December 3 Share Posted December 3 5 minutes ago, The Ew from Judas said: Fully went into this article thinking this man was selling pots and pans Same glad I wasn't the only one 1 1 Quote Link to post Share on other sites More sharing options...
skaxboy 4,446 Posted December 3 Share Posted December 3 I didn’t even know this existed. I thought he was part owner of Caliva, that sells their own line of weed plus is a storefront/delivery. So $50 for one single joint or for a pack of joints? I have only ever tried the Jerry Garcia brand of weed. The gummies are delicious and guitar pick shaped. I did buy the Justin Bieber “Peaches” joints that came with a lighter. Quote Link to post Share on other sites More sharing options...
QueenMortuana 1,020 Posted December 3 Share Posted December 3 18 minutes ago, The Ew from Judas said: Fully went into this article thinking this man was selling pots and pans Lmao I thought the same and then was like "oh wait this makes more sense" 1 Quote Link to post Share on other sites More sharing options...
Foolofatook 79 Posted December 3 Share Posted December 3 That looks like the worst rolled joint I've ever seen... 1 Quote Link to post Share on other sites More sharing options...
The Ew from Judas 440 Posted December 3 Share Posted December 3 23 minutes ago, QueenMortuana said: Lmao I thought the same and then was like "oh wait this makes more sense" Yeah but now I’m honestly kinda upset that he isn’t selling kitchenware Ew Quote Link to post Share on other sites More sharing options...
DopeEnigma 873 Posted December 3 Share Posted December 3 44 minutes ago, The Ew from Judas said: Fully went into this article thinking this man was selling pots and pans Me too Quote Link to post Share on other sites More sharing options...
27monster27 11,261 Posted December 3 Share Posted December 3 54 minutes ago, The Ew from Judas said: Fully went into this article thinking this man was selling pots and pans Right. he/him/his Quote Link to post Share on other sites More sharing options...
RAMROD 104,327 Posted December 3 Share Posted December 3 Well, that's what business is. There's a reason why people would called running a business is a gamble. (ﾉ◕ヮ◕)ﾉ✧*:･ﾟ 𝚝𝚑𝚎 𝚜𝚝𝚛𝚎𝚗𝚐𝚝𝚑 𝚝𝚘 𝚜𝚝𝚊𝚗𝚍 𝚊𝚕𝚘𝚗𝚎 (*´艸｀*) ♡♡♡ Quote Link to post Share on other sites More sharing options...
JazzGa 14,494 Posted December 3 Share Posted December 3 (edited) I think that all dispensary weed is so tasty, strong, and genetically well-engineered today that there's no demand for weed that is more "luxury" than other weed. All dispensary weed is exceptionally high quality and there's no way for Jay Z's brand to differentiate themselves and justify their higher prices. Basically, what I'm saying is there is not really such a thing as luxury weed lol. Maybe he should have just focused on luxury weed accessories, the tactical joint case kinda slays tbh Edited December 3 by JazzGa I've taken a few dips in the lady pond Quote Link to post Share on other sites More sharing options...
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