State Property is a 2002 American crime film starring Beanie Sigel, Memphis Bleek, Damon Dash and Jay-Z. It was produced by Jay-Z's Roc-A-Fella and distributed by Lions Gate Films. Abdul Malik Abbott directed the film and co-wrote its screenplay with Ernest "Tron" Anderson. The film was loosely based on Aaron Jones and the Junior Black Mafia (JBM), who participated in Philadelphia's drug trade from the late 1980s to early 1990s. Film critic reviews were generally mixed to negative. It was followed by a sequel, State Property 2 which was released in 2005.