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Tony: 00:00 Tell us about Grove Group Management.

Tiki: 00:01 Yeah. So I was approached probably a year and a half ago by Kevin Shin who is our CEO at Grove Group. He had an ask, a simple ask, one the cannabis space was about to explode, particularly the CBD space. Uh, and uh, it was an economic opportunity, but also there's a social progress component that he thought I would be interested in. And I think we all are aware of the, the drug policies of the 70s and in the 80s, it caused mass incarceration and the decimation of some of our communities, particularly minority communities. And how, that's in the process of being corrected. You're starting to hear this in the 2020 presidential primary races, uh, with people talking about expungement and uh, the, the full legalization of cannabis across the country and what that implication will mean for communities, but also for the individuals of those communities who have been put away.

Tiki: 00:53 And so it was interesting to me. Obviously, as an entrepreneur and someone who's opportunistic. I saw the, the economic benefit down the line. Um, but also how you can do well, um, and then do good at the same time. And so we started Grove Group, one of the founding members focusing primarily on business development. And right now we're, there's two things that we're focused on. Um, what's the space going to look like and educating people about the space? Cause there's still a stigma, right? You talk about cannabis or marijuana, people immediately think about getting high and the psychoactive effects of, of cannabis. But there's a completely different side of it on from the CBD side. The medicinal benefits, it's mostly anecdotal right now, um, that I think is, is, is, is ripe, uh, for business, uh, investment, and opportunity.

Former NFL running back Tiki Barber has been busy since his retirement 12 years ago, founding several companies and becoming a media personality, but the chance for social progress concerning minorities and cannabis laws drew Barber into co-founding Grove Group Management.

Grove Group is an investment fund founded by Barber and Kevin Shin that focuses on the nascent cannabis industry. 

"It was an economic opportunity, but also there's a social progress component that
he thought I would be interested in. And I think we all are aware of the, the drug policies of the 70's in the 80's that caused mass incarceration and the decimation of some of our communities, particularly minority communities. And how that's true, that's in the process of being corrected," Barber told TheStreet. 

While at heart Barber is an entrepreneur, he saw an opportunity to not only make money but to also correct some of the social injustices involving minority incarceration and cannabis, which is being increasingly decriminalized. 

"Obviously I was an entrepreneur and someone who's opportunistic. I saw the, the economic benefit down the line, um, but also how you can do well, um, and then do good at the same time," Barber said. 

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