Info’s got an excerpt from a statement made by the man himself:

…my incarceration also came at a pivotal point in my career, just as my first major label album was dropping. I was forced to miss what should have been one of the proudest moments of my life. This is something that I will make sure never happens again. My time in jail was trying, but I grew from it and am now a stronger and better person. I want to continue on a positive track and truly focus on being a role model to my fans and my community. I am looking towards the future with a newfound respect and appreciation for the law and a strong dedication to my music and my career.

With that in mind, I have already begun to make positive strides towards the future. I have launched a new label, 1017 Brick Squad Records in affiliation with Asylum/Warner Bros Records, and I am working with a new team.

More info at the First Lady‘s site.