Ray J and Mary J!!! The entertainer is expanding his ever growing investment portfolio by entering the cannabis industry. The singer has shelled out $5 million into an endeavor that he said has been in the works for a year now.
William Ray LA is the given name of the entity, which will have industry best marijuana growth specialists who will know just exactly how to market the products from the company. The new business will start by selling pre-rolled joints named after the singer, called Ray Jays. "I'm so honored and happy to be here," Ray J says in a video on TMZ.
There is no specified launch date yet, but Ray J says the company will also exist as a middleman for companies who want to grow their clientele. The goal for the William Ray LA company is to expand throughout the nation.