News2 Chainz Sues For $1.5M Over Failed Cannabis Investment

2 Chainz Sues For $1.5M Over Failed Cannabis Investment

by Cedric ‘BIG CED’ Thornton

The Atlanta rapper filed a lawsuit against Pineapple Ventures Inc. after an investment deal didn’t work out.

Atlanta rapper 2 Chainz has filed a lawsuit against a cannabis company after an investment deal didn’t work out.

According to The Green Market Report, a group called the Pineapple Express Antimatter Series 1, which the “I’m Different” rapper is a part of, has sued Pineapple Ventures Inc. (PVI) owners for $1.5 million. In the lawsuit, which was filed in a Los Angeles court, they accuse Vincent Mehdizadeh, also known as Vincent Zadeh, and Pineapple Ventures Inc. of allegedly scamming 2 Chainz after promising big returns on his investment with no intention to make good on their promise.
They state that the company has a long history of defrauding investors.

“Over the years, they have used several different entities and investment instruments, but the outcome is always the same. Their typical pattern is to invite potential investors to glamorous events, often with celebrity guests. They promise lucrative returns on investments, which never materialize.”

RELATED CONTENT: 2 Chainz Spices Up Vegas Residency To Highlight Black-Owned Restaurants

Source: Black Enterprise

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