Mathew Knowles Going Into The Marijuana Business

Mathew Knowles Going Into The Marijuana Business

Yup, Beyonce’s father Mathew Knowles is the latest celebrity to join the work force in the marijuana business.

Read on to get the latest on Mathew Knowles going into the marijuana business… has learned that Destiny’s Child music manager Mathew Knowles has decided to take his marketing skills and put them to use in the marijuana business.

Mathew Knowles is working with Bangi Inc., which “buys and leases real estate for weed farms and dispensaries.”

In a recent interview, Mathew told the New York Post’s Page Six that Bangi doesn’t actually handle marijuana and only leases land to the growers.

Beyonce’s dad who uses weed for “medicinal reasons” explains:

I’m a marketing guy. I like to think outside of the box. I like to be on the beginning of a trend and not at the end of it. We are buying land … We’ll lease it back to the growers, the dispensaries, the extraction companies.

Mathew’s new role comes following his son-in-law Jay-Z announcement that he joined cannabis company Caliva as a chief brand strategist. Knowles claims that he had no idea.

He says:

I found out the way you found out. I thought, ‘How ironic.’ I called my people, [and was like,] ‘Damn, I wish mine would have come out first!’ The same week is cool. Neither one of us knew what the other was doing.

When asked if the pair will work together, Mathew said:

It’s way too early to have that conversation.

After speaking on his new role being announced, Jay-Z said in a statement:

Anything I do, I want to do correctly and at the highest level. With all the potential in the cannabis industry, Caliva’s expertise and ethos makes them the best partner for this endeavour.

Dennis O’Malley, chief executive officer of Caliva, also revealed that social justice will be a key part of Jay-Z’s role.

O’Malley says:

We think this is a sea change in terms of the visibility to the industry. We take this partnership with a lot of responsibility, a lot of humility, a lot of accountability moving forward.

The company added in a statement:

In this position, Mr. Carter will focus on and work to increase the economic participation of citizens returning from incarceration – many of who are not seeing the monetary benefits of legalisation – through advocacy, job training and overall employee and workforce development.

Basically, The Carters and Knowles are in the weed business.

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Omar, 34, hails from Los Angeles. He is a graduate of the University of Northridge. Omar has been in entertainment for 12 years working in production and writing. Omar who goes by Ocho and keeps you in the know about hip hop, Movies, Reality TV and Sports.