Beyonce's Dad Hopes To Be The Next Big Boss In the Marijuana Business

Beyonce’s dad has turned to the marijuana industry, since he's a user.

By: Shirley Ju (@shirju)

(AllHipHop News) Anyone related to Beyonce is destined for greatness — including her father.

Most recently, Mathew Knowles has invested in one of the most thriving businesses of 2019: the marijuana industry.

Beyonce’s father has inked the paperwork to be the chief marketing officer of Bangi Inc., a marijuana company that buys and leases real estate for weed farms and dispensaries.

Mathew has spent his formative years managing his superstar daughter, alongside Kelly Rowland and Michelle Williams as part of the iconic girl group Destiny's Child.

In addition, he played a big hand of launching the career of Bey’s younger sister, Solange. He revealed he’ll be “leveraging his extensive network” to boost the company.

Mathew Knowles will be buying land and leasing it back to the growers, dispensaries and extraction companies.

We can look forward to Mathew handling Bangi’s global marketing campaign.

He states, “I’m a marketing guy. I like to think outside of the box. I like to be at the beginning of a trend and not at the end of it.”

As far as his own marijuana use, he does so for medicinal reasons.

The news comes as his son-in-law Jay-Z took up a similar position as Chief Brand Strategist of a marijuana company called Caliva.