Celebrities are increasingly wading into the cannabis industry. Jay-Z is chief visionary officer of the Parent Co., which sells branded cannabis products, while Martha Stewart has a line of CBD gummies in partnership with Canopy Growth Corp. Gwyneth Paltrow and Rosario Dawson are both involved with THC-drinks maker Cann.
Palms has raised capital from individuals and professional investors, according to Tyler Breton, chief operating officer of the company, whose official name is Tres Palmas Inc. “As a young and rapidly growing company, it’s exciting to find talented people who will enter into true partnerships where both of us are rewarded as the product succeeds,” […]
Source: Justin Bieber breaks Into cannabis with ‘Peaches’ brand | Ad Age