Sumit Mehta is the Founder and CEO of MAZAKALI, a cannabis investment firm based in San Francisco with offices in Denver and Chicago. MAZAKALI offers capital placement services to family offices, institutions, financial advisors and high-net-worth individuals via its Outsourced Cannabis Investment Officer (OCIO) service.
Sumit founded MAZAKALI to counteract the negative consequences of business practices that deplete resources by making investments in sustainable cannabis and hemp. By shepherding capital in a responsible and ethical manner, MAZAKALI and its clients envision a world where cannabis investment will play a significant role Beyond Impact. Sumit authors the MAZAKALI GreenPaper™, a leading narrative that has gained authority through knowledge on deep trends in the industry that matter to investors and operators alike.
In addition to his role with MAZAKALI, Sumit Mehta is a registered representative of Growth Capital Services, Inc. (“GCS”), a registered broker-dealer and member of FINRA/SIPC. GCS is not responsible for the separate advisory services offered by Sumit or for any services offered by other MAZAKALI personnel. More information about Sumit Mehta and GCS is available through FINRA Broker Check.
Sumit serves on the Banking and Financial Services Committee (BFSC) for the National Cannabis Industry Association and is a finance and strategy consultant to The Arcview Group, the largest cannabis focused private investor network in America. Sumit also continues to mentor cannabis management teams and advise private equity cannabis transactions. Sumit and MAZAKALI support NCIA, SSDP and MPP in their efforts to promote cannabis education and awareness.
Prior to joining the cannabis industry, Sumit spent two decades on Wall Street at Merrill Lynch, UBS Investment Bank, Susquehanna International and Raymond James Financial in roles that spanned portfolio management, investment planning, capital introduction, strategic consulting, relationship management and business development. In 2016, Sumit left an advisory practice at J.P. Morgan to launch MAZAKALI.
Sumit earned an MBA from the Ross School of Business at the University of Michigan, and a BA with Honors in Economics with minors in Math and Physics from the University of Texas at Austin. Sumit holds investment banking, brokerage and investment advisory securities licenses and resides in San Francisco where he enjoys motorcycles, yoga, craft beer and the great outdoors.