An funding agency standing for two Chainz supposedly declares the rap artist was scammed proper into spending over $1 million in a fallen brief weed dispensary.
2 Chainz Obtains Scammed Out of $1.5 Million by Failed Marijuana Dispensary
In keeping with a document by SFGate launched on Friday (Aug. 9), Antimatter Holdings, an funding agency that stands for two Chainz, is taking authorized motion towards a dispensary retailer referred to as Pineapple Express Hollywood in Los Angeles for falling brief to keep up their finish of the deal on an association they made with the rapper. In 2021, 2 Chainz selected to spend $1.5 million within the retailer after being introduced to it by Snoop Dogg’s scenic tour supervisor, Damien Roderick, the match mentions.
Though the dispensary proprietors knowledgeable 2 Chainz that the store will surely be open by April of 2021, it actually didn’t open up up till March of 2022. The phrases within the Atlanta rap artist’s monetary funding provided him a month-to-month reward and civil liberties to recollect 110% of his funds inside a thirty days notification. Nonetheless, 2 Chainz and the funding agency by no means ever received any form of funds again after they tried to take out. The match moreover mentions that 2 Chainz straight texted Vincent Zadeh, the founding father of Pineapple Categorical Hollywood, in regards to the revenues in December of 2022. However, Zadeh presumably reacted that they have been no extra recognizing the contract.
XXL has truly linked to 2 Chainz’s group for comment.
Discover out extra: 2 Chainz Posts Video Clip of Himself in Rescue After His Automobile Was Struck by Alleged Drunk Driver
2 Chainz Invests in A number of Ventures
Though his present transaction went awry, 2 Chainz has truly benefited off of his varied different monetary investments. The Atlanta rap artist possesses quite a few Escobar eating institutions, consisting of 1 in midtown Atlanta which he opened up in 2016. He moreover possesses a close-by nail retailer together with a vegan pizza eating institution referred to as Pizza Verdura Sincera, which opened its doorways in May of 2024. In Addition, Tity Boi is the pleased proprietor of a strip membership in Atlanta referred to as Candy Land after shopping for it in September of 2023. The rap artist has a element possession threat within the NBA G-league group College Park Skyhawks, which he safeguarded in May of 2019.
