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News analysis

Sean ‘Diddy’ Combs buys into legal weed ‘to create a more diverse industry’

Written by || 30th November 2022 || News analysis | GeographiesIllinois Massachusetts New York North America United States

US rapper, record producer and entrepreneur Sean Combs – a.k.a. Puff Daddy, P Diddy, Diddy, or Puffy – has bought cannabis businesses in three US states in a deal valued at up to $185m.

He has agreed to buy the assets in New York, Illinois and Massachusetts from multi-state operators Cresco Labs and Columbia Care. Once closed, the deal will enable Combs to grow and manufacture cannabis products, both wholesale and branded.

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Lorraine Mullaney

Senior writer
Lorraine is responsible for writing news analysis and assisting with copy-editing. Lorraine is a copywriter and editor who has written and edited words for a wide range of audiences, from local community newspapers to consumer magazines and trade websites.

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