According to a TMZ report singer Post Malone is joining the cannabis industry by starting his own company called ‘Shaboink,’ launching on his birthday July 4th.

No matter how famous you are, knowing the rules and regulations of this industry will prove to be beneficial if you’re looking to start up a business. With this being said, the idea of checking out a CBD blog and latest news will keep you up to date with what goes on in this industry.

There’s no doubt that the cannabis industry stats will jump when his company launches later in the year. What does this mean for small independent suppliers? Will they go bust? Share your thoughts below, we’d love to hear them!

The company, which specializes in a line of flower, pre-roll joints, and vaporizers, debuted at the annual cannabis trade show, Hall of Flowers, at the Sonoma County Fairgrounds in Santa Rosa, CA. It is thought that in time the business will begin to stock additional exciting marijuana-related products including high cbd low thc strains and much more.

‘Shaboink’ will produce both THC and CBD products, as well as merchandise. Currently, it’s unknown whether CBD products will be shipped to locations where THC is illegal, such as the UK for example. Instead, to buy CBD oil in UK, visit https://blessedcbd.co.uk or other UK CBD vendors.

As with anything health-related, if you are considering using CBD products remember to always speak to a doctor first. Moreover, it is the responsibility of the customer to ensure that they are in compliance with local legislation.

Photo Credit: Kevin Winter/Getty Images