Sumit Mehta is the Founder and CEO of MAZAKALI, a cannabis investment firm based in San Francisco. MAZAKALI offers a turn-key platform for raising and investing cannabis capital. Investors in cannabis since 2014, the MAZAKALI leadership team brings over 150 years of finance, business strategy, legal, compliance and entrepreneurial experience to each client relationship.
Technology-enabled capabilities include: a custom capital raising and investing portal; capital advisory, investment banking, asset management and strategic consulting services; and tailored portfolio management led by the industry’s first Outsourced Cannabis Investment Officer (OCIO) team.
Sumit founded MAZAKALI to counteract the negative consequences of business practices that deplete resources by making investments in sustainable cannabis. 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 serves on the Banking and Financial Services Committee (BFSC) for the National Cannabis Industry Association and is a consultant to The Arcview Group, the largest cannabis focused private investor network in America. Sumit sits on several cannabis boards, mentors cannabis management teams and advises cannabis private equity 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, cannabis and the great outdoors.