Drake is looking to level up, this time by way of taking his reputed whiskey brand public.
As reported, the Toronto rapper and entrepreneur is looking to raise $30 million for Virginia Black, which he co-founded back in 2016 alongside spirits entrepreneur Brent Hocking.
The news also may appeal to his business-savvy fans specifically, with Drizzy offering the opportunity for others to invest in his product through a unique Regulation A+ offering. The crowdsourcing fundraising method was enabled during Obama's presidency, under the rules of the Securities and Exchange Commission, allowing his fans to join him in taking his business to the next level.
According to reports, Virgina Black has sold 60,000 cases of whiskey since first launching just two years ago. The product, which is distributed by Proxy Spirits, goes for $40 per 750ml bottle.
Per the announcement, Virginia Black plans to file its IPO by the end of March and will be offering $5 shares with a $100 minimum buy-in. For more information on how to invest and get involved, see the official listing page here.