I’m In the Weed Biz Now!
101 1/24/2019 2:52 PM PST
Call him Grow Montana … because the NFL Hall of Famer is investing HEAVILY in the weed business.
62-year-old Joe Montana is one of the major investors of a company called Caliva — a major legal marijuana operation out of San Jose, CA.
The company not only grows weed — it also sells everything from joints to vape pens and even marijuana beverages.
Montana started a venture fund back in 2015 — and when Caliva was seeking investors for a $75 million round of funding, Montana’s company joined in.
Caliva CEO Dennis O’Malley issued a statement saying the company plans on opening retail stores in major cities in 2019.
He added, “What we’re trying to do is be the #1 brand in California … We believe this is where global brands are made.”
As for why Montana decided to invest — O’Malley says Joe believes the company will “make a serious impact on opioids use or addiction.”
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