Master P is reportedly taking a California based cannabis company to court for bailing on their partnership, according to TMZ.
Master P got into the legal cannabis industry in November 2016 to launch his own branded strain, “Master P’s Trees” and brokered a deal with Privateer Holdings in March 2017. P was to promote the product and cover 50 percent of the production costs while Privateer cultivated the product and covered the other half. “Master P’s Trees” were set to launch in July, but according to court documents, the company backed out of the partnership at the last minute.
Master P is suing Privateer on the grounds of fraud and breach of contract claiming that they had no real intent to partner with him. Court docs state that Privateer only saw Master P as a way to get “an inside look into the urban and hip-hop demographic of cannabis users.”
For this, Master P is seeking $25 million in lost profits and damages.