Ray J Makes A Major Move By Closing Deal For His Company Raycon

Source: Gabe Ginsberg / Getty

From “Love & Hip Hop: Hollywood” to launching his company Raycon, Ray J is doing amazing things. Ray J just made a major move after securing a $31 million with the distributor Cowboy Wholesale. According to Black Enterprise this deal has been going on for quite some time now and just closed.

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The company is working with Scoot-E-bike, which is a two-wheeled electric vehicle. It was first introduced to influencers and hoped to gain traction within the market. Raycon will not only sell electronics, but will also make an impact on other forms of electric transportation. Celebrities will back his products to talk about the need for them.

Ray J said, “The world is moving towards renewable green energy, and electric transportation is a big part of that. With the Raycon movement, we are going to make sure we are one of the first ones there.” It was a great decision for Ray J to work with Cowboy Wholesale, they have a great management team and have made over $1 billion in sales. His products will also be sold not only the United States, but Asia and Europe. Ray J’s products should be released in mid-November of this year. Congrats Ray J on all of your success!

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