WSJ News Exclusive | Sean ‘Diddy’ Combs to Buy Cannabis Operations in New York, Two Other States for Up to $185 Million

Sean “Diddy” Combs plans to buy licensed marijuana operations in three states for up to $185 million, adding to a portfolio that includes fashion, media and spirits

Sean “Diddy” Combs has agreed to purchase licensed marijuana operations in three states for up to $185 million, adding a new business toIf approved by U.S.

and state regulators, the deal could create the nation’s largest Black-owned and licensed cannabis company. Mr. Combs said he wants to use the business as a platform to increase Black participation in the cannabis industry.

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