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Volatility Of Cannabis Stocks: Schumer's Bill Was A 'Hail Mary', But Industry Has Other Catalysts – Experts Explain
Monday, August 1, 2022 - 12:03pm | 1114This was a very challenging year for pot stocks. Year-to-date, AdvisorShares Pure US Cannabis ETF (ARCA:MSOS) dropped 54.01%, AdvisorShares Pure Cannabis ETF (ARCA:YOLO) declined 57.46%, compared to SPDR S&P 500 (ARCA:SPY) which lost 13.61%. Looking into...
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The Secret Sauce Behind Successful Cannabis Investing: Meet Emily Paxhia Of Poseidon Asset Management
Wednesday, July 20, 2022 - 10:18am | 768Emily Paxhia, co-founder and managing partner at Poseidon Investment Management will be sharing her insights on managing cannabis investment funds, access to capital and investing in cannabis during at the upcoming Benzinga Cannabis Capital Conference September 13-14 in Chicago. A...
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Ascend Wellness Shares Purchased By Every Independent Director On The Board Of Directors
Friday, July 8, 2022 - 9:19am | 350Ascend Wellness Holdings, Inc. (OTCQX: AAWH) (CSE:AAWH.U), a multi-state, vertically integrated cannabis operator, revealed that directors, Emily Paxhia, Scott Swid and Joseph Hinrichs, each made individual purchases of class A common shares in the open market totaling 60,352 shares between July...
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EXCLUSIVE: How To Raise Enough Capital To Finance Your Cannabis Business
Wednesday, April 20, 2022 - 8:05pm | 852While there exist stereotypes that venture capitalists are there to crush dreams, it seems that cannabis-oriented VCs are helping business founders' dreams come true. Despite getting a bad rap from time to time, they tend to think about being constructive funding partners, says Emily Paxhia,...
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EXCLUSIVE: The Illicit Market Is The Biggest Threat To The Legal Cannabis Industry: What Are Big MSOs Doing About It?
Wednesday, April 20, 2022 - 4:23pm | 414What strategies can legal cannabis companies use to win the fight against the illicit market? That’s the question Tim Seymour, portfolio manager of the Amplify Seymour Cannabis ETF (ARCA: CNBS) asked a panel of cannabis executives at Benzinga Cannabis Capital Conference on April 20 at the...
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Marijuana Investment Fund Poseidon Launches New Cannabis ETF
Wednesday, November 17, 2021 - 2:08pm | 406Poseidon Investment Management, one of the longest-running dedicated cannabis investment funds, announced Wednesday the launch of the AdvisorShares Poseidon Dynamic Cannabis ETF (Ticker: PSDN). PSDN, which will begin trading on Wednesday, November 17, 2021, is sponsored by AdvisorShares and will be...
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Poseidon Launches $50M Fund To Support Post-Seed Stage Cannabis Companies
Thursday, May 6, 2021 - 5:49pm | 294Poseidon, one of the longest-running dedicated cannabis investment funds, recently launched the Poseidon Garden Fund in partnership with CanopyBoulder founder Patrick Rea and former CanopyBoulder director of operations, Celia Daly. The $50 million fund will invest in roughly 20 companies across all...
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Video: Women Execs In The Cannabis Industry Address Challenges, Opportunities And More
Monday, April 5, 2021 - 1:40pm | 1028Women hold only 8% of CEO roles in the cannabis industry. That's according to the white paper from The Arcview Group's investor network and the National Cannabis Industry Association. Women like Lori Glauser, CEO and co-founder of Evio Inc. (OTCPK:EVIO), are fighting to drive change....
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Mexico's Cannabis Legalization And The Potential Boom Of Wellness Travel: What It Means For Investors
Monday, April 5, 2021 - 10:51am | 1345By Emily Paxhia, co-founder and managing partner of Poseidon. Mexico has long been a beloved tourist destination; pre-Covid, it was the 7th most visited country with 49 million travelers stopping by annually. Now with the impending legalization of cannabis, Mexico is poised to pique the interest of...
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Cannabis Vets From Poseidon, Curaleaf, Aphria And TILT Share Projections For 2021
Friday, January 8, 2021 - 11:41am | 1468The past twelve months were pivotal for the cannabis industry, as 2020 welcomed a myriad of triumphs, including: Essential business status during the COVID-19 pandemic Four U.S. states voting yes to recreational marijuana The U.S. House of Representatives' approving...
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Cannabis Investors On The Election, Legalization: 'We Can't Just Wait'
Friday, October 16, 2020 - 3:14pm | 573If New Jersey voters approve legal marijuana Nov. 3, it will be a "tremendous move" for the cannabis market, said Emily Paxhia, co-founder and managing partner at Poseidon Asset Management. The Garden State is well-populated and well-positioned to apply pressure to other markets,...
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Putting Their Money Where Their Mouths Are: Meet 6 Ladies Behind This Women-Only Cannabis Fund
Thursday, July 16, 2020 - 1:48pm | 2255Being a feminist is easier said than done. But these women are putting their money where their mouths are: in front of women. As cannabis really penetrates the mainstream, an increasing number of highly skilled, intelligent people are getting into the industry. And, while most of these characters...
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Cannabis Investor Emily Paxhia On How Businesses Can Survive A Crisis
Saturday, April 25, 2020 - 10:06am | 1069Restrictions imposed by the COVID-19 outbreak have affected virtually every industry on the planet. Cannabis was no exception. Nonetheless, many investors strongly believe this crisis can actually make the industry more powerful, help it establish itself, and show that it is a “recession-...
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How The Impending Recession Could Change The Cannabis Industry: 'Everybody Is Going To Raise Capital'
Wednesday, April 15, 2020 - 2:53pm | 1272Alan Brochstein, founder of 420 Investor and New Cannabis Ventures, joined Benzinga’s PreMarket Prep show Monday to discuss how the cannabis industry and its main players are navigating the looming recession. In recent weeks, some financial commentators have viewed the recent...
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SXSW Cannabis And Hemp Pitch Contest: Meet 6 Companies That Made It To The Finals And Will Present In Texas
Tuesday, February 11, 2020 - 4:52pm | 532This year, SXSW 2020 will host a cannabis and hemp pitch contest for the first time ever. Hosted by CanopyBoulder “Cannabis Jumpstart: A Business Showcase” will feature six cannabis, hemp or CBD companies presenting their businesses live, on stage, in front of a panel of cannabis...