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Potential Topics of Conversation:Federal Legalization ImpactNavigating the Cannabis Investment WatersTrends in Cannabis InvestingThoughts on the Future of the Cannabis IndustryDescription:In this insightful podcast episode, we'll dive deep into the world of cannabis investments with Morgan Paxhia of Poseidon Asset Management, one of the pioneers in this budding industry.Founded by siblings Emily and Morgan Paxhia in 2013, Poseidon has established itself as a trusted leader with a diverse investment strategy covering various company stages and sectors within the cannabis space. We'll discuss the latest trends in cannabis investing, the challenges of investing in this emerging market, and their thoughts on the future of the industry.Join us as we explore their journey, discuss the evolving cannabis landscape, and gain valuable insights into the world of cannabis investing from this experienced and forward-thinking team. Whether you're a seasoned investor or just curious about this green wave, this episode offers a wealth of knowledge from Poseidon's years of dedication to the cannabis industry.Guest:Morgan Paxhia, Founding-Partner & Chief Investor, at Poseidon Asset Managementhttps://www.linkedin.com/in/morganpaxhia/Host:Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast.https://www.linkedin.com/in/joshkincaid/The #TalkingHedge...Covering cannabis business news, interviews, investments, events, and more.https://www.theTalkingHedgepodcast.com
Poseidon Asset Management Co-Founder and Managing Director Morgan Paxhia joined Jesse Redmond, Head of Cannabis at Water Tower Research, to discuss the recent rally in cannabis stocks. The potential to move cannabis from Schedule I to Schedule III has ignited the space. Paxhia and Redmond covered what's gone up the most, why these stocks have surged, and what types of names investors may want to own moving forward. They also touched on Maryland launching adult-use sales and contemplated when Ohio, Pennsylvania, and Florida may make the move to recreational cannabis. The conversation concluded with Paxhia sharing the biggest risk we should monitor heading into the New Year.
Last quarter cannabis Venture Capitalist Emily Paxhia was less than pleased with the response from SVB when talking about the financial potential of cannabis; now along with her brother, Morgan Paxhia, co-founder of Poseidon Asset Management, she's breaking down why SVB could have taken a lesson from the industry on this week's episode of Proud to Work in Cannabis.With host Karson Humiston, Founder & CEO of Vangst, listeners learn how SVB's risk management issue could have been avoided (spoiler: their Chief Risk Officer departed the company in April), advice for companies who service high risk businesses, and what the future of SAFE Banking may hold as a result of SVB's collapse. Overall, this episode is a must-listen for anyone interested in the intersection of finance and cannabis. Produce By PodConxKarson Humiston - https://www.linkedin.com/in/karson-humiston-64572b97/Vangst - https://vangst.com/Emily Paxhia - https://www.linkedin.com/in/emilypaxhia/Morgan Paxhia - https://www.linkedin.com/in/morganpaxhia/Poseidon Asset Management - https://www.poseidonassetmanagement.com/Recorded on Squadcast
Two prominent cannabis investors explain how the macroeconomy is affecting the industry.Cannabis VC deals have slowed dramatically in 2022. So far this year, only 41 cannabis-related companies — globally — have raised venture capital, making 2022 on track to see the smallest amount of deals and funding since 2017. $300 million has been raised in venture capital in 2022, while $1.6 billion was raised in 2017. What's going on?Two of the cannabis industry's most prominent investors join Karson Humiston in this week's podcast to talk trends and strategy, and offer some analysis of this emerging market's seemingly rough year. Emily Paxhia, Co-founder and Managing Partner of Poseidon Asset Management and Ian Dominguez, Founder and Portfolio Manager of Delta Emerald Ventures join Vangst's Founder and CEO as she flips the script and gets to ask investors the tough questions.Produced by PodConxProud To Work In Cannabis - https://podconx.com/podcasts/proud-to-work-in-cannabisKarson Humiston - https://podconx.com/guests/karson-humistonVangst - https://vangst.com/Ian Dominguez - LinkedInEmily Paxhia - LinkedInDelta Emerald Ventures - https://www.deltaemerald.com/Poseidon Asset Management - https://www.poseidonassetmanagement.com/
Where will the cannabis investment opportunities be in 2023 with Morgan Paxhia. The Cannabis Investor Series Sponsored by PodConx is back for the Fifth year. This year, the Series will again feature the cannabis industry's top investors, reviewing how the current macroeconomic cycle is affecting the cannabis industry, what to expect in 2023 and sharing investment opportunities and strategies. In today's episode, Dan Humiston is joined by Morgan Paxhia from Poseidon Asset Management. Produced by PodConxMJBulls - https://podconx.com/podcasts/raising-cannabis-capitalDan Humiston - https://podconx.com/guests/dan-humistonMorgan Paxhia - https://www.podconx.com/guests/morgan-paxhiaPoseidon Asset Management - https://www.poseidonassetmanagement.com/Recorded on Squadcast - https://squadcast.fm/
The San Francisco-based investment firm is one of very few that is focused narrowly on the cannabis industry, and have also been at it longer than most.Poseidon Asset Management was founded by siblings Emily & Morgan Paxhia in 2013, making their first fund one of the longest running dedicated cannabis investment funds.In their eighth year of conducting due diligence, deploying capital, and serving on a number of company Board of Directors, the team is considered a leader in the cannabis industry.With his banking experience, Morgan is responsible for developing and implementing the firm's investment strategies, as well as performing the due diligence necessary for smart decision-making.Summary:How does a Private Equity fund work?How has cannabis investing changed over time?How do you keep your finger on the pulse of the industry?The Mastermind accelerator Proper valuationsWhere are the opportunities?Cultivation & retail deal flowPoseidon's new ETF ($PSDN)Exits (ie, IPO / M&A) Cannabis CafesEpisode 1009 The #TalkingHedge interviews Morgan Paxhia of Poseidon Asset Management...https://youtu.be/zWL33V2HpEY
This week we are joined by Emily Paxhia Co-founder of Poseidon Asset Management to discussPoseidon value add approach Undervalued assets in Cannabis A surprising state she has her eye onAnd so much more https://twitter.com/empax1https://www.poseidonassetmanagement.com/About Poseidon Poseidon was founded by siblings Emily & Morgan Paxhia in 2013, making their first fund one of the longest running dedicated cannabis investment funds. The Poseidon team has focused on a diversified strategy covering a range of company stages and industry subsectors across the capital spectrum. Now in the eighth year of conducting due diligence, deploying capital, and serving on multiple company Board of Directors, the team is considered a leader in the cannabis industry. This recognition, in conjunction with Poseidon being a first mover in the cannabis investment space, has led to a level of trust with industry insiders. Poseidon has forged a positive reputation in the cannabis industry by helping companies when others would not, resulting in proprietary deal flow. This show is presented to by 8th Revolution:At Eighth Revolution (8th Rev) we provide services from capital to cannabinoid and everything in between in regard to the hemp & cannabis industry. Our forward-thinking team can diagnose, analyze & optimize every detailed nuance of your company to keep your business safe, smart, and profitable. Our flexibility and experience combined with ongoing research create unique insights into how to best grow your market share. Contact us directly at info@8threv.com Bryan Fields: @bryanfields24Kellan Finney: @Kellan_Finney
This week we are joined by Emily Paxhia Co-founder of Poseidon Asset Management to discussPoseidon value add approachUndervalued assets in CannabisA surprising state she has her eye onAnd so much more https://twitter.com/empax1https://www.poseidonassetmanagement.com/About Poseidon Poseidon was founded by siblings Emily & Morgan Paxhia in 2013, making their first fund one of the longest running dedicated cannabis investment funds. The Poseidon team has focused on a diversified strategy covering a range of company stages and industry subsectors across the capital spectrum. Now in the eighth year of conducting due diligence, deploying capital, and serving on multiple company Board of Directors, the team is considered a leader in the cannabis industry. This recognition, in conjunction with Poseidon being a first mover in the cannabis investment space, has led to a level of trust with industry insiders. Poseidon has forged a positive reputation in the cannabis industry by helping companies when others would not, resulting in proprietary deal flow. This show is presented to by 8th Revolution:At Eighth Revolution (8th Rev) we provide services from capital to cannabinoid and everything in between in regard to the hemp & cannabis industry. Our forward-thinking team can diagnose, analyze & optimize every detailed nuance of your company to keep your business safe, smart, and profitable. Our flexibility and experience combined with ongoing research create unique insights into how to best grow your market share. Contact us directly at info@8threv.com Bryan Fields: @bryanfields24Kellan Finney: @Kellan_Finney
This week we are joined by Emily Paxhia Co-founder of Poseidon Asset Management to discussPoseidon value add approach Undervalued assets in Cannabis A surprising state she has her eye onAnd so much more https://twitter.com/empax1https://www.poseidonassetmanagement.com/About Poseidon Poseidon was founded by siblings Emily & Morgan Paxhia in 2013, making their first fund one of the longest running dedicated cannabis investment funds. The Poseidon team has focused on a diversified strategy covering a range of company stages and industry subsectors across the capital spectrum. Now in the eighth year of conducting due diligence, deploying capital, and serving on multiple company Board of Directors, the team is considered a leader in the cannabis industry. This recognition, in conjunction with Poseidon being a first mover in the cannabis investment space, has led to a level of trust with industry insiders. Poseidon has forged a positive reputation in the cannabis industry by helping companies when others would not, resulting in proprietary deal flow. This show is presented to by 8th Revolution:At Eighth Revolution (8th Rev) we provide services from capital to cannabinoid and everything in between in regard to the hemp & cannabis industry. Our forward-thinking team can diagnose, analyze & optimize every detailed nuance of your company to keep your business safe, smart, and profitable. Our flexibility and experience combined with ongoing research create unique insights into how to best grow your market share. Contact us directly at info@8threv.com Bryan Fields: @bryanfields24Kellan Finney: @Kellan_Finney
Tune in to E.155 ft. Patrick Rea, Managing Director at Poseidon. Prior to his role at Poseidon, Patrick founded and was the CEO of CanopyBoulder for 6 years. During his time at Canopy Patrick raised and managed five funds and led investments for 115 companies in the cannabis industry. Today, Patrick works with Poseidon Asset Management, which was started in 2013 making their first fund one of the longest running dedicated cannabis investment funds. Patrick discusses how he got started in the cannabis industry and more on the work he's done with CanopyBoulder. CanopyBoulder has invested in many of the companies we've had on the show, so it was fun to chat with someone who was inherently involved in the early years of their successes. We had a detailed conversation about investing in cannabis, what types of companies Poseidon invests in and what opportunities their firm is looking for in the future. Patrick provides his thoughts on federal legalization and what impact that may or may not have on both investors and entrepreneurs in the space. Patrick finishes the show offering some good advice to young entrepreneurs looking to enter the industry! --- Support this podcast: https://anchor.fm/lit-and-lucid/support
The cannabis industry's leading female cannabis investor Meet Emily Paxhia, the Co-Founder & Managing Partner at Poseidon Asset Management. When Emily Paxhia co-founded Poseidon with her brother Morgan Paxhia in 2013, they were some of the first investors bringing much needed capital to the cannabis sector. Hear how Emily started her own fund and went onto investing in dozens of leading cannabis businesses. She joins Karson Humiston to share how she decides which companies to invest in, how she interacts with founders, and what she is most excited about over the next five years. Don't miss it! Produced by PodConx Proud To Work In Cannabis - https://podconx.com/podcasts/proud-to-work-in-cannabisKarson Humiston - https://podconx.com/guests/karson-humistonVangst - https://vangst.com/ Emily Paxhia - https://podconx.com/guests/emily-paxhiaPoseidon Asset Management - https://www.poseidonassetmanagement.com/
Today's featured Cannabis Investor is Morgan Paxhia. The TWO12 Cannabis Investor Series is back for the Fourth year. This year, the Series will feature eighteen of the cannabis industry's top investors, reviewing the previous 12-months and sharing their 2022 investment strategies. On today's episode Dan Humiston is joined by Morgan Paxhia from Poseidon Asset Management. Produced by PodConXTWO12 - https://www.two12.co/Raising Cannabis Capital - https://podconx.com/podcasts/raising-cannabis-capitalDan Humiston - https://podconx.com/guests/dan-humistonMorgan Paxhia - https://www.podconx.com/guests/morgan-paxhiaPoseidon Asset Management - https://www.poseidonassetmanagement.com/
Emily Paxhia of Poseidon Asset Management joins Nick to discuss The $61B Cannabis Market, Overcoming Compliance and Regulation, and the Declining Social Stigma Around Cannabis. In this episode we cover: Can you give us an overview of the Cannabis Space -- size, growth, major sub-segments? Which segments are you most interested in? What areas do you not invest in and why? Raising a cannabis fund in 2013... I have to imagine you had to find a certain type of LP for that pitch to land. How hard was that? Regulation can be a break or a gas pedal --how have you or do you assess and underwrite the regulatory and legal risks in the space? To what extent are Cannabis businesses shut out of the existing financial system? Are there any other major differences in sourcing or diligence for a cannabis focused fund vs. your standard VC fund? How many cannabis focused funds are there and is follow-on financing risk significant when you're dealing with a smaller pool of capital providers? In 2018 we saw this massive boom and bust cycle for cannabis and hemp companies. How cyclical is the industry and, aside from consumer consumption behaviors, what macro drivers do you watch closely? There's recently been news that Molson-Coors has launched a CBD-infused drink and several major health and wellness retailers will offer CBD topicals. 5 years from now will all of the major household CPGs have CBD and Cannabis products available? Missed a recent episode? Go to The Full Ratchet blog and catch up! Also, follow us on LinkedIn and Twitter. The host of The Full Ratchet is Nick Moran, General Partner of New Stack Ventures, a venture capital firm committed to investing in the exceptions. To learn more about New Stack Ventures by visiting our Website and LinkedIn and be sure to follow us on Twitter. Are you a founder looking for your next investor? Visit our free tool VC-Rank and tell us about your business. We'll send a list of possible investors right to your email's InBox!
Today's guest started building a strong work ethic at the age of 12, and never stopped. Understanding she learned through work, it was fundamental that her choice in University had an emphasis on learning through action. She followed her interest in event production to a premier events company in Boston, producing high-end events like a Super Bowl Ring Ceremony at the team owner's house. It was in her time managing Boston's most select night clubs that she noticed a gap; The Ultra Premium club life was Ultra antiquated in how they managed guest bookings. To solve that, she co-founded TabelList to modernize Night Club and event reservations. They soon expanded Nationally, and beyond the club too, landing the most Ultra Premium event of 2017... Fyre Fest! Wow! You may have seen the documentaries, but facing $3.5M in chargebacks! Just Wow! Following that, she took over as CEO, and with 4 others stayed to rebuild the decimated company. Just as things were growing again, she lost her Mom to Cancer. This was all just before COVID hit, shutting down every nightclub and event in the World. A call came in from an old contact from Boston, who needed help managing the growing queues at their dispensaries during Covid. Could their software help? Bring hospitality to Cannabis, please enjoy the Founder's Journey of Kyla Sirni, Co-Founder & CEO of Dispense. Professional Summary: Kyla (Moore) Sirni is the Co-Founder & CEO of Dispense, an e-commerce and order management software for cannabis dispensaries. Before Dispense, Kyla worked for nearly two decades in the hospitality industry, planning prestigious events for high-profile clients and managing several nightlife venues. In 2013, experiencing firsthand the lack of technology and tools available for venue operators, Kyla Co-Founded Tablelist, a ticketing, reservations, and guest management software that is now being used in 50+ cities worldwide. When hospitality shut down because of COVID 19, Kyla saw an opportunity to utilize her experience and the Tablelist infrastructure to bring a hospitality-driven, customer-centric software to help retailers in the cannabis industry. Company Summary: Dispense is B2B e-commerce software focused on providing cannabis dispensaries with the technology and tools they need to sell products online, manage operations, build direct customer relationships, and scale their businesses. Show Notes: https://playlandpark.org/ (Playland Park) https://www.rafanellievents.com/ (Rafanelli Events) https://www.tablelist.com/ (Tabelist) https://www.linkedin.com/in/abner-kurtin-78b8b66b/ (Abner Kurtin), https://awholdings.com/ (Ascend Wellness) https://nextviewventures.com/ (NextView Ventures) https://www.linkedin.com/in/emilypaxhia (Emily Paxhia), https://www.linkedin.com/in/reapatrick/ (Patrick Rea), https://www.poseidonassetmanagement.com/ (Poseidon Asset Management) https://www.dispenseapp.com/ (Dispense) Top 5 Articles/Interview with our Guest: https://www.rollingstone.com/music/music-news/ticket-vendor-tablelist-sues-fyre-festival-organizers-for-3-5-million-121409/ (Ticket Vendor Tablelist Sues Fyre Festival Organizers for $3.5 Million) https://www.businesswire.com/news/home/20200128005200/en/Miami-Party-Organizers-Select-Tablelist-as-Event-Operations-Partner-to-Streamline-Guest-Experience-for-the-Big-Game (Miami Party Organizers Select Tablelist as Event Operations Partner to Streamline Guest Experience for the Big Game) Kyla Sirni, Co-Founder & CEO of Dispense https://www.linkedin.com/in/kylamoore/ (https://www.linkedin.com/in/kylamoore/) https://www.dispenseapp.com (https://www.dispenseapp.com) https://www.facebook.com/dispenseapp (https://www.facebook.com/dispenseapp) https://www.instagram.com/dispense_app (https://www.instagram.com/dispense_app) https://twitter.com/dispense_app (https://twitter.com/dispense_app) https://www.linkedin.com/company/dispenseapp (https://www.linkedin.com/company/dispenseapp) Brian Weber, Producer... Support this podcast
In the early days of legal cannabis, when rules and markets were still being figured out, siblings Emily and Morgan Paxhia saw a tremendous investment opportunity – if they could navigate the incredible risks that come with an emerging sector. In this episode of Seed to CEO, the Paxhia siblings share their journey from idea to successful investment firm and where they think the road ahead is leading. They talk about: What it takes to launch a cannabis investment firm. The elements that are critical for attracting investors in a quickly changing industry. What concerns - and excites - them about the future of cannabis. Who are Emily and Morgan Paxhia? Sailing together when they were younger helped Emily and Morgan Paxhia develop the analytical and problem-solving prowess that has made Poseidon Asset Management a success. The pair bring a passionate but disciplined approach to their investment philosophy, with the goal of helping to grow the industry in a smart and sustainable way for businesses of all sizes.
In the early days of legal cannabis, when rules and markets were still being figured out, siblings Emily and Morgan Paxhia saw a tremendous investment opportunity – if they could navigate the incredible risks that come with an emerging sector. In this episode of Seed to CEO, the Paxhia siblings share their journey from idea to successful investment firm and where they think the road ahead is leading. They talk about: What it takes to launch a cannabis investment firm. The elements that are critical for attracting investors in a quickly changing industry. What concerns - and excites - them about the future of cannabis. Who are Emily and Morgan Paxhia? Sailing together when they were younger helped Emily and Morgan Paxhia develop the analytical and problem-solving prowess that has made Poseidon Asset Management a success. The pair bring a passionate but disciplined approach to their investment philosophy, with the goal of helping to grow the industry in a smart and sustainable way for businesses of all sizes.
Investor Ideas Potcasts #590, Cannabis News and Stocks on the Move; Interview with Managing Director of Poseidon Asset Management
Investor Ideas Potcasts #590, Cannabis News and Stocks on the Move; Interview with Managing Director of Poseidon Asset Management
Investor Ideas Potcasts #590, Cannabis News and Stocks on the Move; Interview with Managing Director of Poseidon Asset Management
How to get Late-Seed-Stage cannabis fundingRaising capital is challenging for all companies but it's especially challenging for cannabis companies because there aren't a lot of cannabis investors. In 2013 Poseidon Asset Management became one of the first firms to invest exclusively in cannabis companies. Managing Director, Michael Boniello joins Dan Humiston to provide investment insight to cannabis companies planning to raise capital and advice to would-be cannabis investors.Produce by PodCONXhttps://podconx.com/guests/michael-beniellohttps://www.poseidonassetmanagement.com/
As a kid who grew up with the D.A.R.E program, to becoming co-founder of a first mover in the cannabis investment space, Emily Paxhia has had quite a life and Founders Journey. Growing up, she found an early passion in the rough sport of sailing. Predominantly a “boys sport”, her father reassured her that gender was a false barrier in pursuing her passions. She went on to skipper many, many crews, and so much more. A series of tragedies struck her family when she was in High School and College, losing both her father, and later mother, to cancer. A passing comment from a hospice worker, during her fathers illness she learned of the medicinal use of cannabis. After graduate school in New York, and years focusing on Macro trends consulting for some major brands, it was her move from New York City to San Francisco in 2011 that opened her to the opportunity of Cannabis. Cannabis decriminalization has been a long and complex process in California. But with people lined up down the block for Cannabis retail, when retail is supposedly dead, Emily had her spark moment that Cannabis was the future and the time is now! Circle in her brother Morgan, who, as she says, was “born with a calculator in his hand”; things started to take shape. They are now raising their third fund. Please enjoy the Founders Journey of Emily Paxia, Co-Founder and Managing Director of Poseidon Asset Management Professional Summary: Emily L. Paxhia is a co-founder and one of the managing directors of Poseidon Investment Management, LLC (“Poseidon”), which has three dedicated investment funds in the cannabis industry. Emily has reviewed thousands of companies in the cannabis industry and has worked with countless founders in many capacities. She has helped to shape founders' pitch preparations, go-to market strategies and product launches, and she has advised companies on day-to-day business operations. Emily has held board seats for multiple portfolio companies and participates as an adviser to multiple teams. Further, she has dedicated time and energy to supporting policy groups and has served on the Board of Directors of the Marijuana Policy Project. She also currently serves on the Board of Directors of Athletes for CARE. Emily graduated from New York University with an M.A. in Psychology in 2008. She graduated from Skidmore College with a B.A. in Psychology in 2002. Company Summary: Poseidon was founded by siblings Emily & Morgan Paxhia in 2013, making their first fund one of the longest running dedicated cannabis investment funds. The Poseidon team has focused on a diversified strategy covering a range of company stages and industry sub-sectors across the capital spectrum. Now in the seventh year of conducting due diligence, deploying capital, and serving on multiple company Board of Directors, the team is considered a leader in the cannabis industry. This recognition, in conjunction with Poseidon being a first mover in the cannabis investment space, has led to a level of trust with industry insiders. Poseidon has forged a positive reputation in the cannabis industry by helping companies when others would not, resulting in proprietary deal flow. Show Notes: Morgan Paxhia, Co-Founder & Managing Director at Poseidon: https://www.linkedin.com/in/morganpaxhia/ (https://www.linkedin.com/in/morganpaxhia/) Kyle Sherman: Founder & CEO at Flowhub: https://www.linkedin.com/in/kylesherman/ (https://www.linkedin.com/in/kylesherman/) Quotes: “I'm on a need to freak out basis” “We are extremely comfortable being uncomfortable Nauseously optimistic” Inspirational Founders: Abner Kurtin: Founder Ascent Wellness Holdings. Cannabis CEO. Value Investor. Father. Libertarian on a Quest to End Mass Incarceration of Non-Violent Criminals. https://www.linkedin.com/in/abner-kurtin-78b8b66b/ (https://www.linkedin.com/in/abner-kurtin-78b8b66b/) Cy Scott: CEO & Co-founder Headset, Inc; Co-founder Leafly; Entrepreneur:... Support this podcast
Emily Paxhia is the Co-Founder and Managing Partner of Poseidon Asset Management. Emily has reviewed thousands of companies in the cannabis industry and has worked with countless founders in many capacities. Emily has held board seats for multiple portfolio companies and participates as an adviser to multiple teams. Extremely active in the investment decision making and ongoing investment oversight processes, she works closely with her partners to create meaningful deal structures, ensuring that proper governance is carried out at the company level. Further, Emily has dedicated time and energy to supporting policy groups and has served on the Board of Directors of the Marijuana Policy Project. She also currently serves on the Board of Athletes for CARE and The Initiative.
In this episode we are joined by Emily Paxhia of Poseidon Asset Management and Matt Karnes of GreenWave Advisors where we talk about the Sundial Growers acquisition of Inner Spirit Holdings, the latest news with OrganiGram's CEO, banking rates potentially lowering as a trend as seen with GTI, and 'Tilapia'High-Rise Cannabis MSOs, Products & Market Analysis is a laid-back, data-backed discussion on the cannabis market with notable industry leaders.
In this episode we are joined by Emily Paxhia of Poseidon Asset Management and Matt Karnes of GreenWave Advisors where we talk about Canada's upcoming CBD strategy and MSO expansion.High-Rise Cannabis MSOs, Products & Market Analysis is a laid-back, data-backed discussion on the cannabis market with notable industry leaders.
Emily Paxhia is the co-founder and managing partner of Poseidon Asset Management. She touches on how the cannabis industry is not easy to work in, the challenges it brings on, as well as where Texas fits in for the future of cannabis. Learn More about Poseidon Asset Management: https://www.poseidon.partners Big thanks to our sponsor, HouseMax Funding! Check them out here: https://housemaxfunding.com/ =========================================== Teifke Real Estate is a locally owned real estate brokerage in Round Rock, Texas focused on teaching others how to make money IN and ON real estate. We believe that opportunity is for everyone and working with NOT for people. Check out our website: https://www.teifkerealestate.com/?utm_source=GMB&utm_medium=organic Follow us: YOUTUBE: https://www.youtube.com/watch?v=yhJ7U... INSTAGRAM: https://www.instagram.com/teifkereale... FACEBOOK: https://www.facebook.com/teifkereales... TWITTER: https://www.twitter.com/TRE_ATX Find out how much your house will rent for here: https://www.stoneoakmgmt.com/cma-request
Emily Paxhia is the Co-Founder and Managing Partner at Poseidon Asset Management, home of the pioneer cannabis hedge fund, focusing solely on marijuana and hemp.
The San Francisco-based investment firm is one of very few that is focused narrowly on the cannabis industry, and have also been at it longer than most. Poseidon Asset Management was founded by siblings Emily & Morgan Paxhia in 2013, making their first fund one of the longest running dedicated cannabis investment funds. In their eighth year of conducting due diligence, deploying capital, and serving on a number of company Board of Directors, the team is considered a leader in the cannabis industry. With his banking experience, Morgan is responsible for developing and implementing the firm's investment strategies, as well as performing the due diligence necessary for smart decision-making. Emily, with her consulting background, serves as the point-person for negotiations and monitoring the performance of portfolio companies, as well as maintaining relationships within the larger cannabis industry for future deals. Episode 645 of The Talking Hedge interviews Emily & Morgan Paxhia of Poseidon Asset Management, LLC... https://youtu.be/acRhEp-E1b4 #AlternativeInvestors #CannabisIndustry #AngelInvestors #FamilyOffices #HighNetWorthInvestors #WealthManagers #PrivateBankers #FinancialAdvisors #PrivateEquity #VentureCapital #AssetManagers #fundmanagement #fundraising #cannabisinvesting #limitedpartners #growthcapital #acquisitions #Cannabis #CBD #VC #Capital #InvestmentBanking #cannabisBusiness #Poseidon --- Support this podcast: https://anchor.fm/talkinghedge/support
The San Francisco-based investment firm is one of very few that is focused narrowly on the cannabis industry, and have also been at it longer than most. Poseidon Asset Management was founded by siblings Emily & Morgan Paxhia in 2013, making their first fund one of the longest running dedicated cannabis investment funds. In their eighth year of conducting due diligence, deploying capital, and serving on a number of company Board of Directors, the team is considered a leader in the cannabis industry. With his banking experience, Morgan is responsible for developing and implementing the firm's investment strategies, as well as performing the due diligence necessary for smart decision-making. Emily, with her consulting background, serves as the point-person for negotiations and monitoring the performance of portfolio companies, as well as maintaining relationships within the larger cannabis industry for future deals. Show Notes: Emily Paxhia: https://www.linkedin.com/in/emilypaxhia/ Morgan Paxhia: https://www.linkedin.com/in/morganpaxhia/ Poseidon Asset Management: https://www.poseidonassetmanagement.com LinkedIn: https://www.linkedin.com/company/poseidon-asset-management-llc- Twitter: https://twitter.com/PoseidonAsset Medium: https://epaxhia-62645.medium.com Host: Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast. https://www.linkedin.com/in/joshkincaid/ Episode 645 of The Talking Hedge interviews Emily & Morgan Paxhia of Poseidon Asset Management... Your Cannabis Business Podcast. Covering cannabis products, reviews, business news, interviews, investments, events, and more. https://www.theTalkingHedgepodcast.com Music Info: Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018Artist: LuxrayBeats Keywords: Hemp News, Weed News, Cannabis News, Marijuana News, Cannabis Business, Marijuana Business, Cannabis Industry News, Marijuana Industry News, Weed News 420, Talking Hedge Podcast, Cannabis Podcast, Marijuana Podcast, Business Podcast, CBD podcast, THC podcast, Cannabis Pitch Deck, Marijuana Pitch Deck, Marijuana Investment Deck, Cannabis Investment Deck, Cannabis Compliance, Cannabis Data, Cannabis Banking, Cannabis Investment, Pot Stocks, Cannabis Stocks, Weed Stocks, Marijuana Stocks, Cannabis Data, Marijuana Data, Cannabis Analytics, Marijuana Analytics, Cannabis Sales Data, Marijuana Sales Data Josh is not an investment adviser. The Talking Hedge is long gold and silver. Listeners should always speak to their personal financial advisers.
The San Francisco-based investment firm is one of very few that is focused narrowly on the cannabis industry, and have also been at it longer than most. Poseidon Asset Management was founded by siblings Emily & Morgan Paxhia in 2013, making their first fund one of the longest running dedicated cannabis investment funds. In their eighth year of conducting due diligence, deploying capital, and serving on a number of company Board of Directors, the team is considered a leader in the cannabis industry. With his banking experience, Morgan is responsible for developing and implementing the firm's investment strategies, as well as performing the due diligence necessary for smart decision-making. Emily, with her consulting background, serves as the point-person for negotiations and monitoring the performance of portfolio companies, as well as maintaining relationships within the larger cannabis industry for future deals. Show Notes: Emily Paxhia: https://www.linkedin.com/in/emilypaxhia/ Morgan Paxhia: https://www.linkedin.com/in/morganpaxhia/ Poseidon Asset Management: https://www.poseidonassetmanagement.com LinkedIn: https://www.linkedin.com/company/poseidon-asset-management-llc- Twitter: https://twitter.com/PoseidonAsset Medium: https://epaxhia-62645.medium.com Host: Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast. https://www.linkedin.com/in/joshkincaid/ Episode 645 of The Talking Hedge interviews Emily & Morgan Paxhia of Poseidon Asset Management... Your Cannabis Business Podcast. Covering cannabis products, reviews, business news, interviews, investments, events, and more. https://www.theTalkingHedgepodcast.com Music Info: Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018Artist: LuxrayBeats Keywords: Hemp News, Weed News, Cannabis News, Marijuana News, Cannabis Business, Marijuana Business, Cannabis Industry News, Marijuana Industry News, Weed News 420, Talking Hedge Podcast, Cannabis Podcast, Marijuana Podcast, Business Podcast, CBD podcast, THC podcast, Cannabis Pitch Deck, Marijuana Pitch Deck, Marijuana Investment Deck, Cannabis Investment Deck, Cannabis Compliance, Cannabis Data, Cannabis Banking, Cannabis Investment, Pot Stocks, Cannabis Stocks, Weed Stocks, Marijuana Stocks, Cannabis Data, Marijuana Data, Cannabis Analytics, Marijuana Analytics, Cannabis Sales Data, Marijuana Sales Data Josh is not an investment adviser. The Talking Hedge is long gold and silver. Listeners should always speak to their personal financial advisers.
Join us for a panel discussion on the intersection of cannabis and technology with leaders in cannabis who are innovating in this rapidly-growing and evolving industry. Talented innovators from leading players Eaze, Meadow, LEVEL and Poseidon Asset Management share their thoughts on the changing face of the cannabis industry and how they are bringing world-class products to market. Learn about the technological, cultural, financial, legal and political ecosystems that are shaping the cannabis-focused enterprises of today and tomorrow.
On this episode of Let’s Be Blunt with Montel, Emily Paxhia, Co-Founder and Managing Director of Poseidon Asset Management, talks with Montel about the business of raising capital and investing in the cannabis industry. Emily is also a board member for the cannabis industry organizations, Athletes For Care, Marijuana Policy Project and The Initiative. https://www.poseidonassetmanagement.com https://www.mpp.org https://athletesforcare.org https://intheinitiative.com This episode brought to you by MyBookie. Invest in your intuition. Use promo code BEBLUNT and double your first deposit. New players get up to $1,000 in free play - designed to add more excitement to the sports you love and the games you bet. https://bit.ly/MB_BEBLUNT Learn more about your ad-choices at https://news.iheart.com/podcast-advertisers
Morgan Paxhia is today's featured Cannabis Investor.The HempTown USA Cannabis Investor Series is back for the third year. This year, the Series will feature eighteen of the cannabis industry's top investors, reviewing the previous 12-months and sharing their 2021 investment strategies. On today's episode Dan Humiston is joined by Morgan Paxhia from Poseidon Asset Management.Produced By MJBulls
Morgan Paxhia is a co-founder and Managing Partner of Poseidon, one of the longest running funds in the cannabis industry. With over ten years experience in investing and finance, Morgan has developed a deep understanding of individual company analysis, portfolio construction, and risk mitigation. Since 2012, he has dedicated his investment focus primarily to the cannabis industry. Given the limited amount of information in this emerging vertical, the lack of institutional research, and relative industry immaturity, Morgan embraces an active approach of working closely with companies. He utilizes a “boots on the ground” methodology to better understand individual companies and the industry. Through his extensive travel across the US and Canada, reviewing hundreds of business plans and overseeing several existing cannabis investments, Morgan has developed Poseidon’s investment methodology tailored specific to the business of cannabis. Poseidon’s proprietary process is driven by the time spent in the industry and the considerable data collected over the last several years. He has created frameworks for analysis depending on sub-sector, company stage, and participation across the capital spectrum through our database of contacts, valuations, metrics, and other relevant factors.Morgan started his investment career at UBS Financial Services working in a Wealth Management/Investment Banking hybrid training program. The training brought a wide range of first hand experience working through several facets of the organization, including advisory teams managing assets for high net worth individuals and municipal bonds trading. Following UBS, Morgan transitioned to a Providence-based Registered Investment Advisor as an Investment Consultant. During that time, he worked under the partners of the firm doing fundamental portfolio management.Morgan graduated from the University of Rhode Island with a B.S. in Applied Mathematics in 2005.
Check out this week’s episode of the podcast – we had a great time chatting with Emily Paxhia, Co-Founder & Managing Partner of Poseidon Asset Management, one of the longest running funds in the cannabis industry. As early investors in household names in cannabis, such as PAX, Aphria and GW Pharma (to name a few!), Emily gave us a huge amount of insight into how they find the next big companies to invest in, their due diligence processes and how international investment decisions and regulatory monitoring intersect.
Emily has reviewed thousands of companies in the cannabis industry and has worked with countless founders in many capacities. She had helped to shape founders' pitch preparations, their go-to-market strategies/ product launches, and advised on day-to-day business operations. Emily has held board seats for multiple portfolio companies and participates as an adviser to multiple teams.Extremely active in the investment decision making and ongoing investment oversight processes, she works closely with her partners to create meaningful deal structures, ensuring that proper governance is carried out at the company level. Further, Emily has dedicated time and energy to supporting policy groups and has served on the Board of Directors of the Marijuana Policy Project. She also currently serves on the Board of Athletes for CARE and The Initiative.Emily has over 10 years of experience working as a consultant and researcher, and as such, has become an expert at extracting actionable insights from research and applying them to make corporations function more efficiently and successfully. She also leverages this experience to engage in detailed market analysis for determination around product-market fit and potential scalability.Emily graduated from New York University with an M.A. in Psychology in 2008. She graduated from Skidmore College with a B.A. in Psychology in 2002.
Consumer and investor behaviors have changed drastically since the beginning of the legalization movement and are evolving even more rapidly during the pandemic. Emily Paxhia, Managing Director of Poseidon Asset Management discusses how investor priorities and strategies have shifted in recent years, the key qualities she looks for in founders, and how the industry is on track to enter into a more mature era post-COVID.
This week, The Green Rush wraps up our series of interviews from the Marijuana Business Conference with a special three guest episode featuring Max Cherney, reporter for MarketWatch, Richard Carleton, CEO of the Canadian Securities Exchange, and Emily Paxhia, Co-Founder and Managing Partner of Poseidon Asset Management. Lewis and Anne sat down with Max, Richard […]
If you need any evidence that Silicon Valley has wiggled its way into weed, you need look no further than the nickname for Prop 64: The Sean Parker Initiative. The founder of Napster and first president of Facebook isn’t just the quintessential tech bro, he was also the single largest donor to the initiative that made adult use legal in California. With the promise of billions on the horizon, there’s been an influx of tech money and minds into the cannabis industry, but Silicon Valley’s influence doesn’t stop at the bottom line. Can tech disrupt weed and does it need to?In this episode we talk to two women taking two very different approaches to working in weed. Cyo Nystrom, a former software sales director, is cutting her own path in cannabis with her startup, Quim, “A self-care line for humans with vaginas and humans without vaginas who love vaginas™.” Meanwhile, Emily Paxhia, founder of Poseidon Asset Management, is bringing Silicon Valley-style investment to the legal weed industry.
How I Raised It - The podcast where we interview startup founders who raised capital.
Produced by Foundersuite.com, "How I Raised It" goes behind the scenes with startup founders who have raised capital. This episode is with Keegan Peterson or Wurk (enjoywurk.com) an HR software platform for the cannabis industry. In this episode, Keegan talks about raising capital for cannabis startups, how to get the most value out of an accelerator program (in this case, Canopy), how to send useful investor updates, what to do if you need to walk away from a term sheet, and more. The Company most recently raised $11 million of venture funding in a deal co-led by Arcadian Fund and Poseidon Asset Management. Phyto Partners, Salveo Capital, Altitude Investment Management, and The ArcView Group also participated in the round. This series is produced by Foundersuite, makers of software to raise capital and manage investor relations. Foundersuite's customers have raised over $2 Billion since 2016. Create a free account at www.foundersuite.com.
Emily Paxhia, co-founder and managing partner of Poseidon Asset Management joins host Megan Gorman on this episode of The Wealth Intersection. Cannabis investing is everywhere today from ETFs to stocks to private equity. But less than seven years ago, it was an untested investment frontier. Paxhia saw an opportunity in a product that she knew would be a growth industry over the coming years. In 2013, with grit and a partnership with her younger brother Morgan, she launched one of the first cannabis investment funds. Fortune Magazine has named her one of the most powerful women in the cannabis industry. Join us as we hear Paxhia's story from living the start up life, running some of the most successful cannabis investment funds, and her advocacy work on cannabis policy on this episode of The Wealth Intersection.
A robust platform built to support Cannabis businesses with Keegan Peterson. Today, we have Keegan Peterson who is the CEO + Founder of WURK, a robust platform built to support Cannabis businesses stay on top of their HR needs. Essentially they are an “all-in-one solution that automates the most complicated and risk-prone processes associated with hiring, scheduling, and paying employees.” Keegan Peterson is the founder and CEO of Wurk, the first workforce management company designed specifically for the cannabis industry. Before Wurk, Peterson spent eight years working for high-growth HR technology companies, developing a deep understanding of possible solutions in the space. Wurk, the first and leading Human Capital Management company for the cannabis industry, is pleased to announce the raise of $11 million in a funding round led by returning investors Poseidon Asset Management and Arcadian Fund. Existing investors Altitude, Salveo Capital, Phyto Partners, and The Arcview Group also participated in the round. Cannabis has been off-limits to doctors and researchers in the US for the past 80 years, but recently scientists have discovered its anti-cancer properties. Armed with only these laboratory studies, desperate parents obtain cannabis oil from underground sources to save their children from childhood cancers. “Weed the People” follows these families through uncharted waters as they take their children’s survival into their own hands.
In episode 137 we welcome the sibling duo, Emily and Morgan Paxhia. Emily and Morgan begin by discussing their backstory, and how coming from a family with an entrepreneurial background influenced their path to start Poseidon Asset Management to specialize in cannabis investing. Emily and Morgan each describe their previous roles and the skills they acquired in their respective industries (Consulting for Emily, and Investment Management for Morgan) that helped them build foundations that transitioned well into asset management. Next, the pair discusses starting their fund, and the journey that included seeking service providers, raising capital, and the many challenges and hurdles they faced along the way. Morgan mentioned that even with all the hurdles, they knew they were on to something and continued to drive forward. Meb then asks about cannabis industry trends and what the space has in store looking forward. Emily covers some regulatory and political issues and then talks about the challenge they will face as a firm as they try to allocate capital before the industry really opens up down the road. Morgan follows with some catalysts that include legal cannabis in California, a number of countries approving medical cannabis, and expanded media coverage. The conversation shifts to the regulatory environment. Morgan talks about the progress that has been made, although state programs are varied, which makes it difficult to see where the standout model lies. There’s also bi-partisan support, New York is looking serious at legalizing, and the environment is moving forward. Meb follows with questions about the investment process and portfolio building, as well as a question on what areas people aren’t thinking about that have disruptive potential. Emily and Morgan talk about looking at the industry by subsector such as ag-tech and technology and being invested everywhere on the spectrum from plant cultivation to end consumer product consumption and that the portfolio construction process leans on a very diversified approach but is very flexible and dynamic. In searching for ideas, they rely on a “boots on the ground” approach to understand the industry and operator dynamics, as well as identify quality teams. Meb then asks about any areas people aren’t thinking about that have disruptive potential. Emily and Morgan respond with 100% industrial hemp as a product that has disruptive potential with almost endless applications. Hear all this and more in episode 137, including the names of some portfolio companies and their most memorable investments.
The Phaxia on investment opportunity: "This is a fantastic period of time for investing in the space. Canada has not waited. They have war chests on their balance sheet of cash, not really much more they can build out in their market, so they're eyeing other opportunities. The US is a huge opportunity set for them. They're coming."
The Top Entrepreneurs in Money, Marketing, Business and Life
Emily Paxhia. She’s the founder of Poseidon Asset Management and she shifted her focus entirely to the cannabis industry, in 2013. Since that time, she’s taken her experience of researching markets, companies and strategic opportunities and turned them entirely to the world of cannabis. Her focus on understanding where the market is headed rather than where it has been, has been critical to developing a diverse portfolio of companies that span the sector. With over 15 years working with Fortune 500 companies—developing products, resolving strategic errors and addressing new target audiences—her work has been fundamental to stewarding her companies’ portfolios along the paths to success. Famous Five: Favorite Book? – The Hard Thing About Hard Things What CEO do you follow? – Mark Zuckerberg Favorite online tool? — Asana How many hours of sleep do you get?— 3-5 If you could let your 20-year old self, know one thing, what would it be? – “I wished I had took it easier” Time Stamped Show Notes: 01:04 – Nathan introduces Emily to the show 01:53 – Poseidon is a VC firm for cannabis 02:02 – Emily was from an industry where companies were looking to expand their market share 02:09 – Emily saw the cannabis industry as an opportunity—there was a demand for products 02:30 – Emily’s parents passed away from cancer and she was told by some that cannabis could have helped her parents 02:43 – A dying cancer patient is prescribed medication that has side effects, then is issued more meds to handle the side effects—which is a difficult cycle 02:58 – Using cannabis appropriately could actually help with the side effects 03:05 – More and more cancer patients are experiencing relief while using cannabis 03:38 – Emily and her brother were 16 and 21 when their parents passed 04:07 – Prior to Poseidon, Emily was with Miner % Co. Studio 04:44 – As a financial professional, Emily had to assess her risk tolerances 05:04 – It’s important to be mentally and financially invested 05:09 – Emily also had great support to bring Poseidon to life 05:53 – Current fund size is $20M going $25M 06:11 – Emily’s brother is her business partner 06:36 – Emily shares a story when her brother brought in a company that Emily disagreed with at first 06:38 – In 2015, they’ve invested in a company called Surna 06:43 – The company had gone public and was in a lot of trouble 07:00 – Morgan had the idea to buy out the founders of Surna 07:15 – Morgan joined the board and helped the company get on track again 07:40 – Emily shares a time when the reverse happened; she brought in a company that Morgan was hesitant with at first 07:48 – The company was Wurk 08:00 – Emily was interested with Keegan’s presentation 08:35 – Keegan was in Episode 735 of The Top 09:20 – There is an assumption that Emily and Morgan are always high—this is NOT true 09:44 – Emily takes cannabis for stomach pain, but it doesn’t get her high 10:26 – Emily sees the cannabis industry as a wellness industry 10:50 – Emily is interested with business technology solutions that help businesses run smoothly 11:00 – She’s also interested in agricultural technology solutions as well 12:06 – “Honestly, if I could, I would solve the banking issue in California” 12:21 – Banks are still dropping businesses and credit cards 12:35 – It gets challenging when someone loses their banking relationship 13:00 – Emily is currently in San Francisco 13:23 – Poseidon is modest in stating their expected returns 13:31 – Emily wanted to capture the growth of industry 13:59 – Poseidon has been running 40-44% IR 14:13 – Poseidon has 3 phases of diligence: 14:20 – They receive lots of emails and Emily tries to read and respond as much and as quickly as possible 14:56 – Emily meets the founders and the team as part of their due diligence 15:06 – The last phase is from getting into the details of actual financial projections to sourcing potential co-investments 15:25 – Poseidon currently has 30 active companies in their portfolio 15:28 – Over 40 in the lifetime of the portfolio 15:55 – Typical deal size is $500K to a million dollars 17:02 – Emily and her brother are talking about a company they want to launch 17:38 – Emily’s three babies from their portfolio are: 17:42 – Flow Kana: a processing center working with small farmers 18:17 – Headset is a machine-data analytics company 18:37 – Emily really likes Wurk 18:49 – Baker is also exciting because it creates market opportunity 21:40 – The Famous Five 3 Key Points: To become successful, one must research the field in question. There’s a great demand for new product and technology in the cannabis industry as the supply is low. Carry your past experience and knowledge into your current and future endeavors—employ the skills that transfer across disciplines. Resources Mentioned: The Top Inbox – The site Nathan uses to schedule emails to be sent later, set reminders in inbox, track opens, and follow-up with email sequences GetLatka - Database of all B2B SaaS companies who have been on my show including their revenue, CAC, churn, ARPU and more Klipfolio – Track your business performance across all departments for FREE Hotjar – Nathan uses Hotjar to track what you’re doing on this site. He gets a video of each user visit like where they clicked and scrolled to make the site a better experience Acuity Scheduling – Nathan uses Acuity to schedule his podcast interviews and appointments Host Gator – The site Nathan uses to buy his domain names and hosting for the cheapest price possible Audible – Nathan uses Audible when he’s driving from Austin to San Antonio (1.5-hour drive) to listen to audio books Show Notes provided by Mallard Creatives
This week, Ben and Carter welcome Emily and Morgan Paxhia, Managing Directors of award-winning Poseidon Asset Management, one of the most active investment firms in the cannabis industry. We’ll chat with them about how they make investment decisions, overall strategy, and the future of cannabis. As always, you can reach out to us—or our nautically astute studio audience—here on Facebook, or via Twitter or Instagram (@gtwyinc) with questions or comments using the hashtag #GatewayOH.
A year ago, we sat down with Emily and Morgan Paxhia from Poseidon Asset Management to discuss the future of the cannabis industry and what it means for investors. A year later, we take a look back on their predictions and much more for 2017. We also discuss the trending deregulation of cannabis, the Trump presidency and how all of that will impact the market going forward for consumers and investors alike. Tune in, listen up, get acquainted.
A veritable smorgasbord of Cannabis All-Stars descend upon the microphone at the 2nd Annual MPP Arm Wrestling Fundraiser. While you’re listening to the fun, go to MPP.org and donate to the state of your choice, but Nevada, Arizona and Massachussetts are of particular interest. Not for the feint of heart- it gets loud as there truly is a competition going on in the background- so please do grin and bare it. And there’s plenty to enjoy: Amanda Reiman, DPA, Lindsay Robinson, MPP; Troy Dayton, ArcView Group; Jaime Lewis, Mountain Medicine; Rob Kampia, MPP; Dani Geen, Harborside Health Center; Nate Bradley, CCIA; Andrew DeAngelo, Harborside Health Center; John Downs, Infusion Factory; Sabrina Fendrick, Berkeley Patients Group; Patrick Rea, Canopy Boulder; Aaron Smith, NCIA; Kris Krane, 4Front Ventures; Chelsey McKrill, OpenVape; Jaime Lewis, Mountain Medicine; Emily Paxhia, Poseidon Asset Management; Jade Netanya Ullmann, MAPS; Diane & Jay Cazarkowski, Canna Advisors; Nate Bradley, CCIA; Pro Wrestler Rob Van Dam and yes, Jaime Lewis, Mountain Medicine Thanks to our supporters: Hoban & Feola, Medically Correct, Incredibles & FOCUS
In today’s episode, we talk with siblings Morgan and Emily Paxhia of Poseidon Asset Management, as they take us through their story. From learning lifelong lessons in early childhood sailing trips, to facing adversity later in life with their parent’s illness’, this dynamic duo describes their thoughts before entering the industry, and their journey afterwards. Now with firm footing on their company, and hopeful optimism in the wind and near-elections, this team seems poised and ready to set its sails for future growth and success in the years to come.
In this episode Brandon interviews Morgan and Emily Paxhia, the brother-sister co-founders of Poseidon Asset Management. Founded in late 2013, their cannabis hedge fund has quite the portfolio of investments. These investments include: @MassRoots, @GetMeadow, @FlowHubCo, @Surnainc, and a new investment in Headset. Brandon, Morgan, and Emily dive deep into the difficulties of investing in cannabis startups, some crazy applications of hemp, and the social stigma of working and using cannabis.
Poseidon was founded by siblings Emily & Morgan Paxhia in 2013, making their first fund one of the longest-running dedicated cannabis investment funds, with over $105MM Assets Under Management and an IRR of 70% net of fees. The Poseidon team has focused on a diversified strategy covering a range of company stages and industry subsectors across the capital spectrum. Morgan Paxhia is a co-founder and Managing Partner of Poseidon, one of the longest-running funds in the cannabis industry.