While celebrating the album’s release, the producer delivered a speech in which he reveled in the outcome of their teamwork while seemingly taking subliminal shots at Kanye. The speech in which Hov referenced was delivered back in August shortly after Hit-Boy and Nas dropped the sequel to the 2020 project King’s Disease. Kanye West calls Just Blaze a “copycat,” Just Blaze responds First sentence in the fu*kin e-mail was, ‘I saw your speech. I was like, ‘fu*k’ before I even opened it. “First thing I see is an e-mail from JAY-Z. “I woke up at 6 in the morning, n*gga blitzed from the night before,” he explained. During a conversation on “The New Rory & MAL” podcast, the Grammy award-winning producer revealed that Hov reached out to him after hearing him take shots at Kanye West.
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JAY-Z may not be active on social media, but he got wind of Hit-Boy’s drunken rant at Nas’ King’s Disease II release party. Listen here: /ZexDreuOSU- New Rory & MAL November 5, 2021 From what I’ve heard, if you can make it there, you can make it anywhere.NEW RORY & MAL | Episode 16 | “I Saw Your Speech…†(feat. Here’s hoping that The Parent Company Social Equity Fund and Jay–Z’s plan can bring change to the newest biggest market in America. To combat this, Jay–Z will be spearheading The Parent Company Social Equity Ventures, which launches with $10 million investment followed by a contribution of 2% of The Parent Company’s profits annually to promote diversity in the new industry.īut as the great poet Shawn Carter once said, “ Men lie, women lie and numbers don’t.” Less than 4% of all marijuana dispensary owners are Black, many states offer limited marijuana licenses blocking Black entrepreneurs, and in some states there are no Black licensees at all.įurther, while many high-profile Black celebrities may offer their own brand of marijuana it’s the ability of the man and woman on the street to own part of the supply chain that will truly transform a product that was once used to justify jailing Black people into a pathway to financial liberation.
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Systematic racism locked many Black people out of jobs in computer engineering, software design and finance, so by the time angel investors and venture capitalists were making it rain on “” too many African Americans were left outside the club looking through the window. (Photo by Alberto Ortega/Getty Images)Īllan likens the marijuana industry in 2021 to the tech boom just twenty years ago.
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If you don’t have Black folks involved in the marijuana business every step of the way - that means marijuana growers, dispensary owners, marketers and business owners - then equity is just empty business talk, like “racial reckoning,” “diversity co-ordination” and “equal pay” ideas that look good on a website but never actually happen. Read More: Jay-Z’s cannabis line launches social justice awareness campaignĪllan points out that supply chain equity is where things really start. “Jay Z has really pushed for the social equity venture fund within our business.” So what does social equity really look like in this instance? On the side of the New York legislature it means that 40% of the tax revenues from new drug sales will go to impoverished Black and Brown communities and previous marijuana convictions will be expunged.įrankly, 40% seems a bit low given the scrouge the drug wars have been in the Black community which is why Jay-Z has pushed The Parent Company to do more. Today, I’m proud to see my home state join The Parent Company in paving the way for a thriving and equitable cannabis market.” “I’ve seen first- hand the harm inflicted for generations against Black and minority communities by the war on drugs right here in New York. Rodriguez/Getty Images for The Recording Academy)
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Jay-Z attends the Pre-GRAMMY Gala and GRAMMY Salute to Industry Icons Honoring Sean “Diddy” Combs on Januin Beverly Hills, California.