The singer stated he "wanted to bring a bit of Snoop" to Celtic and added: "The boxes at Celtic would never be the same once I have hosted a party there."
When questioned about the music star's interest in the Glasgow giants ahead of his team's Champions League clash against Benfica in Lisbon, Lennon responded: "It would be interesting if he did put some money in.
"As long as I got invited to one of his parties, it would be okay."
Snoop Dogg, who has previously been photographed wearing a Celtic strip, said: "I know Barcelona are a big deal, and it shows Celtic are a big deal as well.
"I see how passionate Celtic fans are about their team and I could see myself making an investment if any of the board wanted to sell," he continued.
"I don't need to run a soccer club but enough of a percentage to get me on the board so I can be heard."