When Shane McMahon returned to WWE last year, fans were shocked to see Vince McMahon’s son make his return. Shane wasted no time getting involved in one of the top storylines in WWE, and he went on to face The Undertaker at WrestleMania 32 in a Hell in a Cell match.
Related: Real Reason Why Shane McMahon Continues To Wrestle Big Matches
Shane was fighting for control of Monday Night Raw, and even though he didn’t defeat The Deadman at WrestleMania 32, he still ended up becoming the Commissioner of SmackDown Live once the brand split was reinstated.
During his time away from WWE, Shane was busy making a name for himself in the business world and he became the CEO of the China based company YOU On Demand.
YOU On Demand wasn’t the only company that Shane was involved with, and now it’s come to light that he invested $500,000 in a marijuana growing business.
New York Daily News reports that Shane McMahon invested $500,000 in Connecticut based company EnviroGrow. According to the report, the company “produces pre-fabricated modules for growing pot” and “sells the modules in states where the drug is legal for medical or recreational use.”
Shane’s role in the business was to help generate a buzz around the modules. A source with knowledge of the situation claimed that Shane hoped there would be a “big boom” that would generate a lot of money.
However, in a lawsuit filed last year Shane accused the company’s owner of lying to him about the state of the company.
The lawsuit states that the company’s owner approached Shane about investing in the modules with the idea that they were state of the art, but after Shane made the investment he traveled to Colorado to check out the manufacturing plant only to find out that it was virtually nonexistent.
Shane McMahon then demanded that his investment be returned, but the owner of the company refused, and the lawsuit is ongoing.
