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'The Only Thing We Can Do As An Industry Is Learn,' Says Emily Paxhia On Navigating The Cannabis Investment Landscape
Wednesday, August 16, 2023 - 4:03pm | 689"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...
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'We Need To Drive Innovation' Says Emily Paxhia Demanding More Capital Flow In The Cannabis Industry
Monday, August 14, 2023 - 9:37pm | 621“We do deserve access to the capital markets. We deserve more capital flowing in because we need to drive innovation,” said Emily Paxhia, founding partner and managing partner of Poseidon Investment Management at the recent Benzinga Cannabis Capital Conference in Miami. If you...
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Overvalued Or Opportunity? Experts Navigate The Landscape Of Europe's Cannabis Market
Monday, July 24, 2023 - 3:50pm | 742"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...
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EXCLUSIVE: Cannabis Industry Optimization Takes Center Stage As Hyper Growth Slows
Wednesday, April 12, 2023 - 10:50am | 841Cannabis is "not a one-year thing," it's a "multi-decade growth opportunity," Aaron Grey, head of consumer research at A.G.P./Alliance Global Partners, told a full room of attendees gathered at the Benzinga Cannabis Capital Conference on Tuesday in Miami Beach...
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Silicon Valley Bank Could Have Ruined The Cannabis Industry: Here's Why
Friday, March 24, 2023 - 4:42pm | 977With marijuana being classified as a Schedule I drug under federal law, state-licensed cannabis businesses are cut off from accessing capital financial institutions such as banks. This leads to the question of how economic storms like the one caused by the recent failure of Silicon Valley Bank, a...
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NY Gov Hochul's Latest Crackdown On Illicit Cannabis Operations Has The Big Apple In Its Crosshairs
Wednesday, March 22, 2023 - 7:29pm | 671New York authorities would be given expanded power to shut down illegal pot shops and levy fines of up to $200,000 under legislation proposed Wednesday by Gov. Kathy Hochul, who is making yet another attempt to protect the stalled legal weed market. The attempt is part of the push to get the...
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Silicon Valley Bank Failure Is Just The Tip Of Financial Iceberg, Could Affect Unexpected Industries
Tuesday, March 14, 2023 - 12:19pm | 999Last 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...
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Pioneering Women In Cannabis: Honoring Their Achievements During Women's History Month And Beyond
Friday, March 3, 2023 - 1:53pm | 1232As part of Women's History Month, we're happy to share some of the amazing and creative work being done by businesswomen who have taken the lead in the cannabis industry. Benzinga has invited these women, and many more, to the Benzinga Cannabis Capital Conference on...
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3,000 Marijuana Leaders & Investors To Attend The Biggest Cannabis Conference In The World
Friday, March 3, 2023 - 9:10am | 1799The world's largest gathering of high-impact decision-makers, founders and investors in cannabis is returning to Miami Beach, Florida in 2023. The 16th edition of the Benzinga Cannabis Capital Conference will take place at the Fontainebleau Miami Beach Hotel, April 11-12. This is the...
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Why Cannabis Is Recession-Resistant & Turning Challenges Into Opportunities, Industry Expert Explains
Thursday, March 2, 2023 - 12:20pm | 1022It is safe to say that the cannabis industry would not have progressed as much as it has if it were not for the people who believed in it. Cannabis advocates, lobbyists, growers, operators, consumers and researchers have consistently played a crucial role in the space. Nevertheless,...
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Key Cannabis Exec Changes You Need To Know About: Dutchie Taps New CEO, Illinois' New Cannabis Officer & More
Friday, December 2, 2022 - 9:58am | 1126Dutchie Names New CEO Cannabis-tech company Dutchie has named a new CEO, reported Marijuana Business Daily. Executive chair Tim Barash agreed to replace the company's co-founders, brothers Ross and Zach Lipson, who decided to step down. Prior to joining Dutchie, Barash was the chief business...
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New Poll: Majority Of U.S. Voters Support Federal Marijuana Legalization, But Do Politicians Care?
Thursday, October 6, 2022 - 8:42am | 1176A majority of U.S. voters support federal marijuana legalization, a new Morning Consult/Politico survey shows. The poll, conducted from Sep. 30 to Oct. 2, 2022, asked a representative sample of 2,005 registered voters if they would like to see cannabis legalized on the federal level...
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What Are Cannabis Investors Waiting For To Deploy Capital? It's All About This One 'Signal'
Thursday, September 22, 2022 - 1:03pm | 563The cannabis industry is growing exponentially, yet businesses are struggling to secure the funding necessary to start up and grow. "The reality is that there's very, very little new capital entering the space right now." That's according to Matt Hawkins, the founder and managing...
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Is Federal Cannabis Legalization A Longshot? Senator Hopes For 'Some Key Reforms'
Friday, August 26, 2022 - 9:07am | 784Last month, a long-awaited U.S. Senate legislation that would decriminalize and deschedule cannabis on the federal level, while also promoting social equity, was unveiled. Known as the Cannabis Administration And Opportunity Act (CAOA) — by Senate Majority Leader Chuck Schumer, Senators...
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Sen. Cory Booker Says He's Optimistic About Federal Marijuana Decriminalization After Signaling Possible Compromise
Thursday, August 4, 2022 - 10:58am | 838Weeks after the long-awaited marijuana decriminalization Senate bill was presented, it has faced a lot of criticism, mostly for its complexity. Many industry experts, such as Cantor Fitzgerald’s Pablo Zuanic and Emily Paxhia, co-founder of one of the longest-running...