Juicy J’s investment into a premium beverage company has paid off in a major way.
The rapper posted the news on his Instagram account on Nov. 29, and since then fans have been chatting away about his big payday.
Rapper Juicy J, co-winner (with Katy Perry) of Single of the Year for ‘Dark Horse,’ poses in the press room at the 2014 American Music Awards at Nokia Theatre L.A. Live on November 23, 2014 in Los Angeles, California.(Photo by Jeffrey Mayer/WireImage)
Keurig Dr. Pepper announced plans to buy Core Nutrition, which sells water and other bottled beverages like low-calorie fruit-infused drinks, in September.
“The health of the way that product is selling is so strong,” said deal adviser Nick McCoy of the choice to acquire Core in a press release. “Not only is it growing really rapidly but the velocity numbers are increasing really well and it’s very difficult to grow velocity when you’re growing that quickly.”
The purchase had been expected to be completed by the end of the year.
“The best investment I made in my life,🙏🏿🙏🏿🙏🏿🙏🏿🙏🏿” Juicy said in the caption of an article screenshot detailing a headline of the acquisition.
(@juicyj/Instagram)
Fans praised the Three 6 Mafia founding member’s business move with the brand, which he invested in a reported three years ago.
“We’re all proud of you.”
“Life Goals AF.”
“Ahh s— I knew it was a matter of time til everybody that got in cashed out on core @hustlin_hasan.”
“Tell them then @juicyj! We are nex on that chopping block 💧 @gametimesportsdrink.”
“LETSGOOOOO I remember when you first made that move and posted about it. 🙏”
“Respect!!!!! #Saute #BigMove 🙌🏾💪🏾🙏🏾”
