Ray J Invests $5 Million to Launch New Cannabis Company

Ray J is joining the marijuana business, and he’s firing it up with a personal touch.

According to TMZ, Ray J has already dropped $5 million to start up his own cannabis company, William Ray LA. 

Apparently, one of the first products to hit the market will be “Ray’s Jays,” a line of pre-rolled joints named after the “One Wish” singer. 

With the help of a team of experts, who specialize in growing, branding and marketing marijuana, Ray J is planning to combine expertise and experience to connect and expand his California based company and throughout the country.

William Ray LA will focus on “non-traditional marketing strategies in media, music, and entertainment,” Ray J’s manager David Weintraub tells TMZ. 

Entrepreneurship seems to be a hit for Ray J. In March of 2019, his tech company Raycon Global made $10 million in sales in less than a year.

Ray J weed business
Ray J’s Instagram

About MsJennyb

Jen is a Writer and Content Curator for Baller Alert, who writes under the alias “MsJennyb.” In this role, Jen develops and contributes relevant special-themed content to attract readers. Before joining the Entertainment Industry via Baller Alert, Jen spent one year as a Freelance Writer and two years as a Human Resources assistant in a corporate office. Jen has a degree in Criminal Justice from Rutgers University with a concentration in Africana Studies.

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