skip to Main Content
A pot brand quietly backed by Gwyneth Paltrow is dominating California

California’s legal weed market is in a bad place. Prices are plummeting, sales are declining, and most people expect things to only get worse.

Yet, somehow, Gwyneth Paltrow appears to be overcoming the terrible odds and is quietly dominating California’s cannabis market.

Yes, the same actress who made headlines selling anal sex toys for Father’s Day appears to be one of the only people actually winning in California’s tumultuous cannabis industry.

The Academy Award-winning actress co-owns the most successful celebrity cannabis brand in California, according to a recent report from MJBizDaily. Paltrow is an early investor in Cann, and the brand is conquering the largest legal cannabis market in the world.

The report, based on data from analytics firm Headset, estimated that Paltrow’s weed brand is seeing over $750,000 in sales a month. No other celebrity brand came close to Paltrow’s sales, with her nearly doubling the sales of Seth Rogen’s Houseplant pot brand, her closest celebrity competitor.

To put Paltrow’s chart-topping sales in perspective, a noncelebrity cannabis brand is only bringing in just under $27,000 a month, according to the report. Paltrow’s weed drinks are also outselling pot brands from Mike Tyson, Santana and even Justin Bieber. [Read More @ SFGate]

 

This Post Has 0 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent Stories

Cannabis entrepreneur to lead Minnesota’s new marijuana agency

Erin DuPree has never worked in government but says her experience with startup businesses makes her well-suited for the role.  A cannabis industry entrepreneur who hasn’t worked in government before…

Thailand to Restrict Cannabis Use, New Prime Minister Says, After Decriminalization Last Year

Thailand’s new prime minister vowed to restrict the use of marijuana for medical purposes after thousands of weed shops opened across the country since the nation became the first in…

Colorado Cannabis Officials Consider New Hospitality Rules

Licensing officials could allow cannabis bars to sell more weed, but only one of these establishments currently exists in Colorado. “I want to watch the Super Bowl and get high.…

From SAFE to SAFER, New Banking Bill Stresses Safety

With a presidential election year looming, the politics of pot is once again front and center in Washington, D.C., but this time there seems to be a greater probability than…

More Categories

Back To Top
×Close search
Search