Entrepreneur tied to Trump poured $500K into ancillary cannabis firm

The son of a power couple with direct ties to President Donald Trump has invested half a million dollars into an ancillary medical marijuana firm, the New York Daily News reported.

Shane McMahon – the son of Vince McMahon, who once had his head shaved by Trump during a WWE Wrestlemania event – and Linda McMahon, who runs the U.S. Small Business Administration (SBA) in the Trump cabinet, put $500,000 behind EnviroGrow in 2015, according to the newspaper.

The Connecticut-based company specializes in products for MMJ cultivators.

The SBA has not commented on McMahon’s investment, but a source told the Daily News that Shane McMahon “thought (MMJ) was going to be a big boom and make a lot of money.”

Shane McMahon later sued EnviroGrow in an attempt to recoup his investment, however, and claimed he’d been duped by the company. The suit is ongoing.

One comment on “Entrepreneur tied to Trump poured $500K into ancillary cannabis firm
  1. George Bianchini on

    I believe him. I think he just may have been duped by the company.
    The McMahon family has the level of brain power needed to believe Trump and support him. It is very possible they all have brain damage. Maybe he should invest in the military/war sector. Trump seems to be heading us to war, i’m sure McMahon could make a killing there!

    Reply

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