Cannabis, once a taboo subject, has turned into a mainstream product in America’s economy, and guess what, many celebrities are key players in the cannabis industry.
The transformation of the landscape of the cannabis industry in recent years has created an enabling environment for legal cannabis businesses to flourish.
Apart from Snoop Dogg, many celebrities have confessed their love for the green herb, and some have even gone a step further to start cannabis businesses.
In this article about celebrities in the cannabis business, let’s take a look at 10 of the famous people who are minting millions in the evergreen cannabis industry.
1. Snoop Dogg
Snoop Dogg is a successful rapper and entrepreneur who never shies from promoting cannabis. The rapper owns a cannabis brand, “Leafs by Snoop” and he’s also the co-founder of a venture capital in LA that commits resources to businesses in the cannabis industry.
2. Seth Rogen
Seth Rogen, comedian and actor, is an enduring figure on television, but he’s also a big lover of cannabis. He cofounded Houseplant, a company that supplies smoking accessories and cannabis housewares. Seth is a vocal advocate for the federal legalization of cannabis.
3. Jay-Z
Jay-Z is a successful rap mogul who has always expressed his disappointment in jailing people over cannabis possession. Jay-Z serves as the chief visionary officer of his cannabis brand, Monogram, and he’s also invested in Flowhub, a retail and payments platform.
4. Martha Stewart
Martha Stewart is a famous television personality with a massive net worth of $400 million. She and Snoop Dogg have had a tight friendship since 2008. Through her partnership with Canopy Growth, Martha has a line of CBD products that are doing extremely well.
5. Mike Tyson
Mike rose to fame and fortune as a notorious boxer, but even though he lost a good chunk of that money, he’s made a comeback, since he started his cannabis business, “TYSON 2.0” which generates massive profits – $500K every month. Mike has a podcast where he smokes a ton.
6. Willie Nelson
Willie Nelson, the famous singer, songwriter, and activist, is an American treasure. Willie started taking cannabis in 1978 when he gave up cigarettes and whisky. In 2015, he started Willie’s Reserve, a company that sells a diverse range of cannabis products and accessories.
7. Lil Wayne
Lil Wayne, the prolific hip-hop artist, is a big promoter of the cannabis lifestyle. He forayed into the cannabis industry in 2019 by setting up his brand, GKUA Ultra Premium, which at the time of writing, is operational in five states: California, Michigan, Colorado, Oklahoma, and Nevada.
8. Tommy Chong
Tommy Chong is a successful actor, musician, and activist. He was jailed for nine months for selling cannabis accessories, and he’s now a proud cannabis consumer. Tommy is not just an ardent supporter of legalizing cannabis but he owns a cannabis brand, Cheech and Chongs.
9. Wiz Khalifa
Wiz is a successful rapper who proudly displays his love for cannabis. He’s praised the good herb in many of his songs and he promotes it on his social media. Wiz launched his cannabis brand, Khalifa Kush, in 2022, and declared that his mission was to “get the whole world high”.
10. Jim Belushi
Jim Belushi is a successful actor who appeared in hundreds of television shows and films. Following his declining mental health, he departed from Hollywood and started a cannabis empire; Belushi’s Farm. His cannabis company is vertically integrated and super successful.
Conclusion
It’s no secret that the legal cannabis market is flourishing, and the fact that celebrities are putting their money into the cannabis market is a positive signal. As the market grows, and the federal limitations are removed, we are going to see even more celebrities wanting a piece of the cake.
