Ray J is expanding his cannabis business ventures to the tune of $1 million.
The singer/reality star signed on to become the chief strategic media officer for MarijuanaStock.org and will be making $1 million each year.
His new duties include making infomercials for the brand, encouraging people to invest in marijuana business and enlightening potential investors on the possible high returns.
Our sources say, the company sought out Ray J because he’s super plugged into the legal weed biz … and for his long Rolodex of celeb friends. In Ray’s case, it’s what he knows AND who he knows. Ray’s manager, David Weintraub, tells us Ray was given full creative control for his new venture.
As we first reported … Ray J recently became heavily involved in legal marijuana, pouring in $5 MILLION to join the green rush and get his own chronic company off the ground.
Now, Ray J is turning ganja into even more green.
Good for him. We need more people of color in the cannabis industry.