Jay Z's luxury cannabis company goes up in smoke

Jay-Z's cannabis brand , with punters loathe to pay $50 for one of his luxury joints and the business losing half a billion dollars since it was launched to great fanfare in 2020.

The 'Empire State of Mind' rapper,' also known as Shawn Carter, is celebrated as a savvy businessman, but his stylish weed company is floundering — like many others that braved 's tough legal pot market.

Monogram's website lists nine retailers across California and that it says stock its wares. But none of them currently lists any of Jay-Z-endorsed buds or joints on their online menus.

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