This Sunday, Shane McMahon will face Kevin Owens in a Hell in a Cell match. And if his past history is any indication, it’s most likely that McMahon will be doing some crazy move that no sane person would be doing. While McMahon will be competing in the ring, he will also be competing in the courtroom as he is suing a company he once invested in.

Two years ago, Shane McMahon bought a $500k stake in EnviroGrow, a company that builds large modules for the purposes of growing marijuana in places where growing marijuana is legal. As more and more states pass laws to legalize marijuana for medicinal and/or recreational reasons, the marijuana business is growing more and more as a legitimate business venture.

The problem was that when McMahon looked into what he was buying into, he started to regret what he was investing in. McMahon went to Colorado to check out a facility that EnviroGrow was building and discovered that it was supposedly “virtually nonexistent.” Now after wanting his money back and the company refused, McMahon is trying to get his investment back.

Founder Joseph Palmieri defended his company, telling the New York Daily News, “EnviroGrow is a viable company. It’s a great little business and it’s up and coming.”

There are two ironies regarding Shane McMahon investing in a marijuana company in the first place. One is that his mother, Linda McMahon, is in President Donald Trump’s cabinet in charge of the Small Business Administration. And members of Trump’s cabinet, especially Attorney General Jeff Sessions, has taken a rather Reefer Madness viewpoint on marijuana.

Another is that marijuana is illegal under WWE’s Wellness Policy. Under the policy, a positive drug test for marijuana will result in a $2,500 fine while a positive test for synthetic marijuana would result in stricter penalties. Maybe it can be spun to say that McMahon invested in a company that doesn’t grow marijuana but builds the facilities to grow marijuana even though it’s still the marijuana industry.

[New York Daily News]

About Phillip Bupp

Producer/editor of the Awful Announcing Podcast and Short and to the Point. News editor for The Comeback and Awful Announcing. Highlight consultant for Major League Soccer as well as a freelance writer for hire. Opinions are my own but feel free to agree with them.

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1 thought on “Shane McMahon sues marijuana facility company to try and get his $500k investment back

  1. The “War on Marijuana” has been a complete and utter failure. It is the largest component of the broader yet equally unsuccessful “War on Drugs” that has cost our country over a trillion dollars.

    Instead of The United States wasting Billions upon Billions more of our yearly tax dollars fighting a never ending “War on Marijuana”, lets generate Billions of dollars, and improve the deficit instead. It’s a no brainer.

    The Prohibition of Marijuana has also ruined the lives of many of our loved ones. In numbers greater than any other nation, our loved ones are being sent to jail and are being given permanent criminal records which ruin their chances of employment for the rest of their lives, and for what reason?

    Marijuana is much safer to consume than alcohol. Yet do we lock people up for choosing to drink?

    The government should never attempt to legislate morality by creating victim-less marijuana “crimes” because it simply does not work and costs the taxpayers a fortune.

    Marijuana Legalization Nationwide is an inevitable reality that’s approaching much sooner than prohibitionists think and there is nothing they can do to stop it!

    Legalize Nationwide! Support Each and Every Marijuana Legalization Initiative!

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