2 Chainz is taking legal action after being allegedly scammed out of $1.5 million by a Los Angeles-based cannabis company. The rapper, who is 46 years old, has filed a lawsuit against the company, accusing them of failing to return his investment. The suit, uncovered by Law 360, was filed in Los Angeles Superior Court. According to the lawsuit, 2 Chainz invested $1.5 million in the business back in 2021. The deal, arranged through Snoop Dogg’s tour manager, included a clause that would allow him to get his money back with 30 days’ notice.
When the cannabis company repeatedly delayed its launch, 2 Chainz requested a refund in May 2022. However, the company did not honor his request. In late 2022, he sent a text message to the co-founder, continuing his efforts to retrieve the funds. While he received a response, he was informed that the original agreement was no longer valid.
Despite the legal battle over his cannabis investment, 2 Chainz has continued to excel in his business ventures. Recently, he teamed up with Smoothie King to bring their products to State Farm Arena, home of the Atlanta Hawks. “I visit Smoothie King at least twice a week, so this partnership has been a long time coming,” 2 Chainz shared. “Opening a Smoothie King in State Farm Arena felt like the right move for me. Throughout my health journey, I’ve been mindful of my choices, and when I go to games and events it’s no different – I’m always looking for nutritious options and Smoothie King is in a class of its own when it comes to delicious smoothies with no added sugar. I’m proud to join the brand.”
On the music side, 2 Chainz brought back the nostalgia last year with the release of Welcome 2 Collegrove. This was a collaborative album with Lil Wayne. Dropped in November 2023, the project featured big names like Usher, 21 Savage, Rick Ross, Fabolous, and Benny The Butcher.