Chris Webber Launches Cannabis Fund to Invest in Black, POC Entrepreneurs

by Newsfeed

Chris Webber’s latest endeavor aims to boost minority entrepreneurs who are in the cannabis industry.

The five-time NBA All-Star and Founder of Webber Wellness has teamed up with Jason Wild and JW Asset Management to create a $100 million private equity cannabis fund to invest in Black and POC entrepreneurs. 

“As our country moves closer to federal legalization, I believe it is more important than ever to empower the next generation of cannabis leaders in a tangible way,” Webber said in a statement. “I’m thrilled to team up with Jason on this endeavor—he’s a visionary in this industry and understands the urgency of supporting minority business leaders in this space.”

Webber Wellness and JW provide underrepresented entrepreneurs with access to a number of business resources, including research and…

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