Master P is no stranger to business ventures but a recent partnership with a cannabis company has reportedly gone bad.

According to a report from TMZ, Master P launched Master P Trees in November 2016 and then struck a deal with Privateer Holdings in March 2017 to produce and distribute his products in California. Court documents claim the deal was for one year and Master P would promote the brand and cover half of the production costs. Profits would then be split down the middle and the official launch was set for July.

But according to the suit, Privateer reneged on the deal in late July, leaving Master P high and dry. The rapper is now suing for breach of contract and fraud, claiming Privateer never really had interest in working with him but instead wanted to get "an inside look into the urban and hip-hop demographic of cannabis users" for their benefit.

Master P is looking to get at least $25 million in lost profits and damages. Privateer Holdings has not commented on the report.

In October, Master P gave his thoughts on NFL quarterback Colin Kaepernick and revealed he would help him create his own league if he wanted to. "I'll help him start his own league. Maybe that's what I might do next -- start the football next." The rapper added, "Without ownership, you have no control."

See 100 Hip-Hop Facts That Will Blow Your Mind

More From TheBoombox