An funding agency representing 2 Chainz reportedly claims the rapper was duped into investing greater than $1 million in a failed weed dispensary.
2 Chainz was scammed out of $1.5 million by failed marijuana dispensary
It’s reported by SFGate revealed on Friday (Aug. 9), Antimatter Holdings, an funding firm that represents 2 Chainz, is suing a dispensary store known as Pineapple Categorical Hollywood in Los Angeles for failing to maintain their finish of the discount on an settlement they made with the rapper. In 2021, 2 Chainz determined to speculate US$1.5 million within the retailer after being launched. The lawsuit says it was created by Damien Roderick, Snoop Dogg’s tour supervisor.
Though the dispensary proprietor instructed 2 Chainz the shop will open in April 2021, it will not open till March 2022. 110% funded. Nevertheless, 2 Chainz and the funding agency by no means obtained any funds after making an attempt to exit. The lawsuit additionally alleges that 2 Chainz personally despatched textual content messages concerning the December 2022 income to Pineapple Categorical Hollywood co-founder Vincent Zadeh.
additional massive The two Chainz staff has been contacted for remark.
Learn extra: 2 Chainz posts video of himself in ambulance after his automotive was hit by alleged drunk driver
2 Chainz has invested in many alternative companies
Though 2 Chainz’s latest enterprise dealings have gone awry, he is nonetheless benefiting from different investments. The Atlanta rapper owns a number of Escobar eating places, together with one he opened in 2016 in downtown Atlanta. Opened in Could. The membership was acquired in Could 2019.
