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Old 10-02-2017, 05:09 PM   #36922
Emperor Smeat
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Apparently Shane McMahon is currently dealing with some legal issues related to a failed weed company investment he made two years ago.

Quote:
Originally Posted by TPWW Frontpage via Triple A
Shane McMahon invested $500,000 in 2015 into a company called EnviroGrow, which produces “pre-fabricated modules for growing pot,” according to a story by the New York Daily News.

In 2015, Shane ponied up $500,000 for a large stake in the Connecticut-based firm EnviroGrow, which sells the modules in states where the drug is legal for medical or recreational use.

Shane McMahon is now also suing the company, alleging that they mislead him and wanting his investment returned:

Shane McMahon revealed his interest in EnviroGrow in a lawsuit filed in a Connecticut court last year in which he accused the company’s owner of duping him about the state of the company.

The lawsuit says that Palmieri had approached McMahon about investing, telling him that the modules were state of the art, allowing for “around-the-clock growth in a climate-controlled environment that was safe from theft.”

After making the investment, McMahon traveled to Fort Collins, Colo., to inspect EnviroGrow’s manufacturing plant, but found it virtually nonexistent, according to the lawsuit.

McMahon said that he demanded the return of his investment, but Palmieri refused.
Link to the report from New York Daily News: http://www.nydailynews.com/news/nati...5458?cid=bitly
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