Poseidon Investment Management

With another year behind us with no federal legalization of marijuana and no approval of the SAFE Banking Act, the industry’s biggest problem remains the lack of access to capital. What will happen in 2024? Are we any closer to either of these reforms? At first glance it...

Though another year has slipped away without cannabis legalization or rescheduling on the federal level, the SAFE Banking Act still lingering somewhere in the halls of Congress and with precious few long-anticipated reforms enacted…other milestones took place in 2023. Health and Human...

In a time when product innovation in the cannabis industry is at an ebb, Morgan Paxhia, managing partner at Poseidon Investment Management, sees potential for a resurgence. What Happened: Speaking exclusively to Benzinga at its Cannabis Capital Conference in late September, Paxhia noted that while...

“We are thrilled that the Senate Banking Committee has approved the SAFE Banking Bill,” said Boris Jordan, founder and chairman of Curaleaf Holdings, Inc. (OTCQX: CURLF), reflecting the sentiments of cannabis industry stakeholders following the historic approval of the...

Cannabis reform has moved one step closer to reality at the federal level on Wednesday, with the Senate Banking Committee approving the Secure and Fair Enforcement Regulation (SAFER) Banking Act. "It's all about applying pressure to get things done." That's according to Emily...

In a recent episode of Benzinga Cannabis Insider, Morgan Paxhia, co-founder and managing partner of Poseidon Investment Management dropped a bombshell that is sending shockwaves through the cannabis investment community. Paxhia, a prominent figure in the cannabis investment space, shared...

“Gen Z is the cannabis native generation entering the workforce with a share of wallet dedicated to this consumer product category,” Emily Paxhia said at the recent Benzinga Cannabis Capital Conference in Miami. Paxhia, the founding and managing partner of Poseidon Investment...

"Early days hype-driven capital was wasted. It was not well allocated," Emily Paxhia, the founding and managing partner of Poseidon Investment Management said at the recent Benzinga Cannabis Capital Conference in Miami. If you missed her in Miami, you'll be glad to know that...

"European cannabis companies are still overvalued," stated Emily Paxhia, co-founder and managing partner at Poseidon Investment Management. Notably, Germany did not legalize the recreational use of marijuana as anticipated, but rather scaled back its law reform plans after liaising with...

A group of bipartisan lawmakers introduced a marijuana cannabis banking bill in Congress on Wednesday.  What happened: US Senators Jeff Merkley (D) and Steve Daines (R) along with US Representatives David Joyce (R) and Earl Blumenauer (D) introduced the bipartisan, bicameral...

Last week the US economy got clobbered by the biggest banking collapse since 2008 when the parent of Silicon Valley Bank, SVB Financial Group (NASDAQ: SIVB) failed to raise enough capital to continue. It's now being shopped around by bankers. The news came on the heels...

Halloween is prime spooky season, but for most investors, all of 2022 has been quite scary. Stocks across the board have taken substantial hits this year, with cannabis particularly affected. Cannabis' surging pandemic performances have been dashed mostly. Now, Fed uncertainty looms while...