Method Man Set to Launch Cannabis Venture to Support Black Business
Method Man, an actor and rapper, most famously known for his time working with Wu-Tang Clan, has announced he will be launching a cannabis business with a mission to encourage more black ownership throughout the industry.
Spokesman Neal Kwatra stated that Tical, named after Method Man’s 1994 solo debut album, will begin selling cannabis to four black-owned dispensaries by this weekend. The company name, “Tical,” stands for “Taking Into Consideration All Lives.”
So far, Tical has raised $300,000 for its launch, and it’s pushing to raise $3 million to launch nationwide.
Method Man discussed the problems in society, saying, “Personally, it is essential that we use our brand to help bring awareness to the social, systemic, and economic injustice in communities that have struggled with oppressive mass incarceration and racially biased policing policies.”
With the U.S. focus on highlighting racial injustices as protestors demonstrate following the police murder of George Floyd, the launch couldn’t have come at a better time.
Bryan Zabinski, a partial owner and operating partner of Tical, said, “Tical’s partnership with a small grow house is part of a plan to focus on family-owned or minority-owned businesses and high-quality strains of cannabis.”
According to the American Civil Liberties Union, the cannabis industry is full of racial injustices, with African Americans nearly four times as likely to get arrested on cannabis-related charges.
At this point, we’re seeing black ventures throughout the cannabis space successfully producing and distributing cannabis. Canopy Growth has partnerships with black musicians, including Snoop Dogg and Drake. Lil Wayne is also involved in cannabis with his company, Gkua Ultra Premium.
Method Man will continue to support black business owners through Tical, and we’re excited to see the success of this new venture.