Patrick Rea

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...

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...

Legislation Milestone: The Cannabis Rescheduling Debate Might Impact Brands The shifting perception of cannabis in the United States is witnessing a significant turning point. Once stigmatized as a Schedule I drug, might be on the verge of being reclassified to a potentially more accepted Schedule...

In a recent episode of Benzinga's Cannabis Insider, a renowned platform for insights on the cannabis industry, co-hosts Javier Hasse and Elliot Lane had an enlightening conversation with Patrick Rea of Poseidon Investment Management. Poseidon is a key player in the cannabis sector, committed to...

Buzzkill Labs, developer of the rapid saliva test for psychoactive THC, announced the close of an oversubscribed series A funding round co-led by Poseidon Garden Ventures and existing investors. Buzzkill will use the proceeds from the financing to commercialize its technology, which fills employers...

Benzinga's Cannabis Insider is back with another exciting episode, this time featuring an exclusive interview with Patrick Rea, the Managing Director of Poseidon Garden Ventures. The venture capital firm is known for investing in early-stage cannabis companies and has made a significant impact...

This 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...

Among the many hot cannabis panels and events we’ll see at SXSW 2020, there’s one offering you an opportunity to showcase your cannabis company for free: Cannabis Jumpstart: A Business Showcase, hosted by CanopyBoulder. The event will consist of six cannabis, hemp or CBD companies...

CanopyBoulder will be hosting a Startup Weekend on Sept. 27-29, which it defines as a cannabis-related startup “hyperaccelerator.” Eight startup teams have been chosen to participate in the networking, education, mentoring and pitch competition. In addition, the educational sessions and...

The cannabis industry is poised for further growth in the next decade as more U.S. states and other countries legalize medicinal and recreational weed. Global cannabis sales stood at $9.5 billion in 2017, according to Arcview Market Research and BDS Analytics. The U.S. accounted for most of the...