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Saturday, 09/14/2019 10:46:38 PM

Saturday, September 14, 2019 10:46:38 PM

Post# of 73927
Justin Costello - Consultant: Justin is the CEO and Chairman of GRN Funds, a private equity and hedge fund investor in the cannabis industry. Mr. Costello has worked with State chartered banks, credit unions and the Washington State Liquor and Cannabis Board to assist his clients with adhering to the R.C.W. requirements and codes. Mr. Costello expertise includes structuring debt and equity instruments and liquidating distressed assets for the Washington State cannabis industry. Justin has been labeled the "Fixer" of the industry and facilitates relationships with most of the major producers, processors, retailers, and media players in Washington State. He has introduced compliance and transparency procedures allowing his 502 licensed cannabis clients to legally follow policy and code requirements. Mr. Costello is also the principal investor and CEO of Canna-Exchange, trading company that brokers sales of large scale cannabis for producers and manufacturers. (Elevate Acquisition Corp has entered into an agreement to acquire a majority stake in Canna-Exchange). Justin sits as a board member, investor, and consultant for various processing and producer licensed companies in Washington State. GRN Funds is also the main investor in GRO-Alliance industrial park, a 14,000 sf indoor cultivation canopy. GRO-Alliance is also in process to acquire an additional 24,000 square feet in the east bay area of California to serve the San Francisco bay area for indoor cannabis cultivation and edibles products. Mr. Costello originated and managed (12) medical grow facilities in Eastern Washington from 2011-2015. Mr. Costello also serves as a council member of the Gerson Lehrman Group (GLG) in its industrial and trade division. He has consulted clients such as Goldman Sachs, Boston Consulting Group, Bain Capital, Caterpillar, Pepsi-Co, Bosch, Samsung, Phillips, and numerous global companies and investment banks. Mr. Costello resides in the Seattle Washington area is a proud husband and father. Mr. Costello completed his undergraduate work at University of Minnesota (Minneapolis, MN) and graduate work at Harvard University (Cambridge, MA).


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