Chris Webber is Teaming Up to Run a $200 Million Fund to Support Social Equity Investments in Cannabis

In late June retired NBA Power Forward and Hall of Famer Chris Webber announced he was teaming up with Wall Street leaders to run a $200 million fund to support social equity investments in the cannabis industry in the state of New York. “I’m incredibly honored to work with New York’s esteemed officials to right the wrongs for individuals who were unjustly victimized by outdated … Continue reading Chris Webber is Teaming Up to Run a $200 Million Fund to Support Social Equity Investments in Cannabis

The NBA Passes on Cannabis Testing for Another Season

The National Basketball Association made headlines around the world passing on cannabis testing for a second straight season.  Due to the unusual circumstances surrounding last year’s season, the NBA suspended all random tests for cannabis and shifted focus to random testing for performance-enhancing products. Many athletes hoped this would lead to a permanent change and on Wednesday October 6th, 2021 progress was made; “We have agreed … Continue reading The NBA Passes on Cannabis Testing for Another Season

Chris Webber Teams Up to Create $100 Million Dollar Cannabis Impact Fund

Earlier this year NBA rebounding legend Chris Webber teamed up with Jason Wild, Founder of JW Asset Management to launch a $100 million Cannabis Impact Fund. Chris played professional basketball for 15 years in the NBA. His career highlights include; leading the NBA in rebounds in 98’99, five NBA All Star appearances and an induction into the NBA Hall of Fame. Since retiring Chris Webber has … Continue reading Chris Webber Teams Up to Create $100 Million Dollar Cannabis Impact Fund