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 $85 million in Assets Under Management and an IRR of 53% net of fees as of December 31, 2019.
On March 31, 2020, the Poseidon team closed the fundraise for its Fund Two, a Venture Capital strategy, bringing total Assets Under Management to $145 million. The Poseidon team has focused on a diversified strategy covering a range of company stages and industry subsectors across the capital spectrum.
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 ninth 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.
Guest:
Morgan Paxhia, Founding-Partner & Chief Investor, at Poseidon Asset Management
https://www.linkedin.com/in/morganpaxia/
Poseidon Asset Management: https://www.poseidonassetmanagement.com
Host:
Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast.
https://www.linkedin.com/in/joshkincaid/
Episode 1057 The #TalkingHedge…
Your Cannabis Business Podcast.
Covering cannabis products, reviews, business news, interviews, investments, events, and more.
https://www.theTalkingHedgepodcast.com
Music Info:
Song: Beat | Keep On | 2020
Artist: Milochromatic Beats
&
Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018
Artist: 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. This is only entertainment.
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