The music manager – who has managed Destiny’s Child – is working with Bangi Inc., which ”buys and leases real estate for weed farms and dispensaries”.
Mathew told the New York Post’s Page Six that although he does use the drug for ”medicinal reasons”, Bangi doesn’t actually handle marijuana and only leases land to the growers.
He explained: ”I’m a marketing guy. I like to think outside of the box. I like to be on the beginning of a trend and not at the end of it. We are buying land … We’ll lease it back to the growers, the dispensaries, the extraction companies.”
News of Mathew’s new role comes soon after it was revealed that his son-in-law Jay-Z joined cannabis company Caliva as chief brand strategist, but Knowles had no idea.
He said: ”I found out the way you found out. I thought, ‘How ironic.’ I called my people, [and was like,] ‘Damn, I wish mine would have come out first!’ The same week is cool….