February 26, 2021 | 1:45 pm EST Update
Because of the secretive nature of the Naismith Basketball Hall of Fame, nobody can pinpoint why Chris Webber hasn’t gotten the nod yet. “Yes it has bothered me but it’s not something that’s made me bitter or something you think about all the time,” Webber told Yahoo Sports. “The validation of the best players that have ever played in the world has been enough for me. Every year around this time, you get that call, right after that call you get legends calling you. You get to reminiscing with them about disappointments in their lives.”
While Webber waits for the call, though, he’s joined with JW Asset Management to launch a $100 million private equity cannabis fund that will invest in companies led by minority entrepreneurs pursuing careers in the cannabis sector. Since federal and state laws have eased up on marijuana, business has boomed but Black people have largely been shut out. Webber hopes to change that.
“First it’s about business and access to individuals who are qualified,” Webber said. “And giving access to a community that’s so unfairly targeted by racist laws. Hopefully, there’s a freedom with that. I’ve seen families devastated by a plant that can cause so much healing and restoration. And now that others are trying to take advantage of it.”