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#033: Cannabis Financials: A Conversation with Grove Group CEO Kevin Shin

#033: Cannabis Financials: A Conversation with Grove Group CEO Kevin Shin

Released Friday, 21st February 2020
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#033: Cannabis Financials: A Conversation with Grove Group CEO Kevin Shin

#033: Cannabis Financials: A Conversation with Grove Group CEO Kevin Shin

#033: Cannabis Financials: A Conversation with Grove Group CEO Kevin Shin

#033: Cannabis Financials: A Conversation with Grove Group CEO Kevin Shin

Friday, 21st February 2020
Good episode? Give it some love!
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Cannabis - commonly referred to as pot, weed, reefer, and ganja - is increasingly becoming legal, not just in the United States, but around the world. Recreational cannabis is already legal in Uruguay and Canada, and in the U.S., more than 25 states have legalized cannabis in the form of recreational, medicinal, hemp, and/or CBD.

Given that cannabis legalization would not only be profitable in itself but has the potential to disrupt other established industries, it comes as no surprise there's been a rush in recent years for investors to get into the cannabis industry on the ground floor.

Grove Group Management CEO and Co-Founder of Kevin Shin joins the Talk Wealth To Me #podcast for a conversation on what it takes to invest in cannabis, what kind of changes we'll see in the cannabis industry when U.S. legalization occurs, and more!


About Kevin Shin
Kevin Shin is the Chief Executive Officer & Co-Founder of Grove Group Management. Kevin has over 17 years of experience in the finance industry serving as a financial consultant at AXA winning multiple sales awards. He also led ChungKing Recording Studios where Russell Simmons and John King worked to bring Rap music into households. Here he restructured the corporation and brought this historic studio - with a roster that included LL Cool J, Michael Jackson and Mariah Carey - back to profitability in three short months.

In 2004, Kevin founded an innovative corporation to house a venture capital company and a commodities trading desk. The venture capital company started at $20M in AUM in year one to $3.8bn in AUM with IRR consistently in the 20’s before his departure in 2017.

Kevin also joined NewOak Capital as a Senior Advisor in 2009 on a limited basis and as a Limited Partner. He has worked with clients like: Tongyang for restructuring their corporation during a financial crisis, Starwood Capital as a capital raiser and senior analyst for proposed deals, and taught Asia structure to multi-billion dollar hedge funds while working in Asia during his tenure at NewOak.

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