Rapper creates $10 million fund for startups, saying people of color have missed out on marijuana boom.

Jay-Z is launching a fund to invest in minority-owned cannabis startups to bolster Black participation in the industry.

The rapper and entrepreneur says he is motivated by an imbalance in the marijuana business: People of color, who have been disproportionately punished for involvement in the drug where it is illegal, comprise only a small number of those making money from the multibillion-dollar market in legalized pot.

– Read the entire article at The Wall Street Journal.

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