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Kanye West’s former manager and close associate John Monopoly and business partner Larro Wilson have launched a new Chicago-based record label, Lawless Inc.John Monopoly and his company Hustle Period helped launch the careers of several major recording artists including Kanye West, Carl Thomas and Shawnna. Coupled with his experience as VP of Producer Management at Violator, A&R at Jive Records, COO at G.O.O.D. Music Label, Monopoly looks to repeat his previous successes as he seeks to become the premier Chicago based record label.Their debut artist will be King Louie, whose new single “Too Cool” has picked up across the net and is currently in rotation at radio stations in Chicago. The remix is expected to be released soon, as well and will feature 2Chainz & Red Café.Kanye West referenced Monopoly’s talent in The Source Magazine in November of 2006. “He was meant to make power moves in this game, I owe a lot of my success to him,” Monopoly said.
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CHICAGO — Chicago pot smokers may soon be able to light up without fear of
jail time.
Several Windy City councilmen said Thursday they plan to introduce a local
law that would decriminalize possession of small amounts of marijuana in order
to cut costs and free up police to handle more serious crimes.
Chicago police make about 23,000 arrests each year for possession of the
drug, a misdemeanor which nevertheless carries stiff punishment of up to six
months in jail, a $1,500 fine and a criminal record.
Under the new law set to be introduced next week, people caught with less
than 10 grams of marijuana would instead face a $200 fine and up to 10 hours of
community service.
Marijuana has already been downgraded to a lesser offense in several Chicago
suburbs and areas of Cook County patrolled by the sheriff's department.
Some 11 US states have also decriminalized possession of small amounts of pot
and 18 states allow its use for medical purposes, according to the pro-marijuana
group NORML.
Enforcing marijuana prohibition costs US taxpayers $10 billion and results in
the arrests of 853,000 people a year, NORML said.
Cook County Commissioner John Fritchey told reporters that the proposed law
makes sense.
"It is not time to act tough on crime; it is (time) to be smart on crime. We
need our resources spent somewhere else," he said.
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