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Jay Z has been named "chief visionary officer" of a major new weed company.

The semi-retired rapper recently announced he was launching his own marijuana line, Monogram, with the brand Caliva.

On Tuesday, Nov. 24, bosses at Subversive Capital Acquisition Corp. announced they had agreed to a deal with Caliva execs and Jay Z to create a new vertically integrated weed company to be named TPCO Holding Corp - with the former drug dealer set to serve as its Chief Visionary Officer.

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In a press release, the "99 Problems" rapper said he would also use his role to reform America's criminal justice system and help those convicted of weed-related offenses by providing training and job placements.

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"Although we know we can't fully redeem the injustices created by the 'war on drugs', we can help shape a brighter and inclusive future,” explained Jay Z (pictured in 2008). "The brands we build will pave a new path forward for a legacy rooted in equity, access, and justice. We're creating something people can trust and we're investing in our future, our people, and our communities."

TPCO also boasts Jay's Roc Nation labelmates Rihanna and Meek Mill as shareholders, with the stars "leveraging unparalleled cultural influence" to get other famous names on board.

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The Chicago suburb of Evanston, Illinois has voted to tax the sale of marijuana to fund reparations for Black residents.

The council voted 8 to 1 on Nov. 25 to implement a 3% tax on marijuana to fund the reparations plan.

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The city plans to generate $500,000 and $750,000 through marijuana tax revenue each year. The city can also receive outside donations to the reparations fund.

Robin Rue Simmons, a black alderman who represents the city's historically Black Fifth Ward, says the fund will benefit residents affected by the war on drugs.

"Our community was damaged due to the war on drugs and marijuana convictions," she told The Washington Post. "This is a chance to correct that. Our disadvantage and discrimination has continued beyond outlawing Jim Crow and beyond enslavement."

The new reparations fund will allow Black residents to remain in their neighborhood. High property taxes in the wealthy North Shore suburb forced Black residents out of their homes.

Simmons added that the reparations fund will help families with a down payment on a home that they couldn't otherwise afford.

A meeting will be held on Dec. 11 to work out the details.

Girl Scout cookies

An enterprising Girl Scout who set up shop outside a marijuana dispensary in San Francisco sold 117 boxes of cookies in 2 hours.

The reason for the whopping cookie sales is simple: the THC in marijuana boosts Dopamine in the brain. The increase in Dopamine gives weed smokers the munchies for cookies and other sweets.

Some might see gorging on cookies as a harmless side effect of weed smoking. But a recent study shows that traffic accidents have increased 300% in cities where marijuana is legal.

It is a known fact that marijuana leads to decreased attention span and increased anxiety, psychosis, and depression in users.

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