Contrary to the popular belief that Jay-Z ’s cannabis brand Monogram is tied to The Parent Company amid the latter’s massive failure, the hip-hop legend and his company haven’t been linked to the latter for the last couple of years.

Jay-Z joined the growing ranks of celebrities in the cannabis space via the high-end Monogram brand, coupled with endorsements from his creative and artistic peers. Now, it’s being reported that Jay-Z’s brand,

JAY-Z and his luxury cannabis company, Monogram, reportedly cut ties with its parent company, The Parent Company (TPCO) before it suffered a $575 million loss. RELATED: Jay-Z Launches His Own Cannabis Line,

Z‘s luxury cannabis brand Monogram launched with high expectations in 2020, it has recently been revealed that it is no longer affiliated with The Parent Company. This comes after reports indicated that the cannabis conglomerate has squandered approximately $575 million in capital,