Morgan Paxhia

Poseidon Investment Management announced on Wednesday that it has completed two investments into two New Jersey dispensaries, BLKBRN and Dogwood Green. Both businesses are focused on serving patients and recreational cannabis consumers when they open in 2025. “With these two investments, we...

Small-scale cannabis farmers in California are increasingly abandoning their fields as they grapple with the dual threats of destructive wildfires and falling prices, signaling a troubling trend for America’s largest legal cannabis market. Industry experts anticipate this exodus will persist...

FundCanna, a provider of capital to the cannabis sector, has teamed up with Dama Business Solutions. Why It Matters The new partnership, which will benefit both cannabis operators and financial institutions that serve them, provides expanded access to capital and compliant banking and lending...

"Not trying to always be the next unicorn is okay… it’s actually great," Morgan Paxhia, a co-founder and managing director at Poseidon Investment Management, told the audience at the Benzinga Cannabis Capital Conference in Florida on Wednesday. He said selling a cannabis business and then...

Poseidon Investment Management will venture into the New York cannabis market via its investment in PCA (Platform Cannabis Advisors), reported MorningStar. This represents the first investment of the pioneer hedge fund in the NYC Market. PCA was founded by Ben Sheridan and Matthew Greenberg, former...

Following President Biden’s brief mention of cannabis reform in the State of the Union speech last month and VP Kamala Harris‘s recent plea to the DEA to accelerate the process of rescheduling cannabis under the Controlled Substances Act, there has been much speculation about what...

President Joe Biden’s historic remarks about cannabis reform in Thursday’s State of the Union speech sparked widespread discussion across the industry, which many cannabis companies shared with Benzinga. Ayr Wellness (OTCQX: AYRWF) president & CEO David Goubert “As a...

The California-based cannabis extract producer PaperPlanes has one major problem: a lack of liquidity, CEO Paul Weiss told Benzinga's Market Spotlight: California conference Thursday.  "Liquidity is the key and there's very little in the system right now," he said.  As a smaller producer...

"Tell me and I forget, teach me and I may remember, involve me and I learn." Benjamin Franklin When it comes to the cannabis industry, one of the best ways to get involved is to join the Benzinga Cannabis Market Spotlight: California event on February 22 in Culver City, California, where you...

Get ready to experience the ultimate cannabis industry event in the heart of Southern California! Benzinga Cannabis Conferences are coming back with a bang. Mark your calendars for Thursday, February 22, 2024, as Culver City’s BioScience LA is all set to transform into the venue for the ...

Morgan Paxhia is a visionary in the cannabis investment realm, and his journey from a traditional finance background to leading a cannabis investment firm is nothing short of fascinating. As the co-founder and managing partner of Poseidon Investment Management, he has played a crucial role in...

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...

Renowned cannabis investors Brett Finkelstein (Skyvest Partners and Phyto Partners,) Morgan Paxhia (Poseidon Investment Management) and David Kram (Spring Leaf Capital) gathered at Benzinga’s Cannabis Capital Conference in Chicago this past September. Led by David Feldman of...

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...