Drake Connects with Canopy Growth to Create Cannabis Company More Life Growth - Black Enterprise
Black Enterprise magazine Fall 2019 issue

Drake’s business empire is gaining higher ground! According to Billboard, Aubrey “Drake” Graham has entered the cannabis business. Canopy Growth Corpo. has entered into a business arrangement with actor/rapper Drake to launch the More Life Growth Co., a fully licensed producer of cannabis, based in Drake’s hometown of Toronto.

“The opportunity to partner with a world-class company like Canopy Growth on a global scale is really exciting,” said More Life Growth Co. founder Drake in a statement. “The idea of being able to build something special in an industry that is ever-growing has been inspiring. More Life and More Blessing.”

“When we first began talks with Drake, we were extremely inspired by and aligned with his vision to bring best-in-class cannabis products to the world,” said Mark Zekulin, CEO of Canopy Growth Corp. “Drake’s perspective as a culture leader and entrepreneur combined with Canopy Growth’s breadth of cannabis knowledge will allow our new company to bring an unmatched cannabis experience to global markets.”

More Life Growth is centered around wellness, discovery, and overall personal growth with the hope of facilitating connections and shared experiences across the globe. Drake holds a 60% ownership interest in the More Life Growth Co., with Canopy Growth retaining a 40% ownership.

“All in all, we couldn’t be more excited to partner with Drake to bring his vision for the More Life Growth Company to global cannabis markets,” concluded Zekulin. “We anticipate a long, successful, and mutually beneficial working relationship.”

Canopy Growth is a world-leading diversified cannabis, hemp, and cannabis device company, offering distinct brands and curated cannabis varieties in dried, oil, and Softgel capsule forms, as well as medical devices through Canopy Growth’s subsidiary, Storz & Bickel GMbH & Co. KG. From product and process innovation to market execution, Canopy Growth is driven by a passion for leadership and a commitment to building a world-class cannabis company one product, site and country at a time. Canopy Growth has operations in over a dozen countries across five continents.