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This One Factor Could 'Reignite Growth In US Cannabis' Industry, Says Seasoned Investor
Wednesday, January 10, 2024 - 11:30am | 435Morgan 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...
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35 Cannabis Innovators To Watch In 2024: Leaders Shaping The Green Revolution
Wednesday, December 20, 2023 - 2:24pm | 4691As the cannabis industry continues to blossom, it becomes increasingly important to spotlight those at the forefront of the green revolution. In this evolving landscape, visionaries are emerging, shaping the industry, societal perceptions and legal frameworks. Here are the stories and...
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What Will Happen With Cannabis In 2023? Industry Experts Debate Exclusively On Benzinga
Tuesday, January 10, 2023 - 2:19pm | 1505“Someone’s sitting in the shade today because someone planted a tree a long time ago.” Warren Buffett As one of the world’s most famous and wealthy investors wisely said – it takes time and patience to appreciate the fruit of hard work. But, nothing is sweeter...
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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...
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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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Cannabis M&A Activity On Fire: But Is It What Was Expected? Experts Say, Look At Q1 Earnings
Wednesday, March 30, 2022 - 11:32am | 895Consolidation of the cannabis industry is inevitable as the market matures. Heading into 2022, numerous forecasts predicted another flurry of M&A activity after an energized 2021. With nearly three months of the year complete, opinions are split on M&A activity so far. M&A In 2022 Is On...
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Have Recent Market Projections Impacted Cannabis Industry Optimism?
Monday, February 14, 2022 - 10:37am | 1046Despite projections pointing towards short-term capital market struggles fueled by stalled reform, most in the cannabis industry remain optimistic that the market and regulations will align to provide a beneficial long-term. Short-term Market and Regulatory Struggles Don’t Dampen Optimism...
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Cannabis Pitch Contest: Present Your Business To The Best Investors In The Industry
Thursday, August 12, 2021 - 2:51pm | 383Poseidon, the leading venture capital firm in the cannabis industry, announced plans to host the Poseidon GreenShoots™ Pitch Forum, a 90-minute virtual cannabis pitch forum to connect top-performing companies with accredited investors. On August 31, 2021, five cannabis...
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Low-Cost Pot Stocks To Consider: Poseidon Asset Management's Emily Paxhia Shares Her Wisdom On The Subject
Friday, July 16, 2021 - 10:37am | 728Poseidon Asset Management Managing Director Emily Paxhia oversees three cannabis-dedicated investment funds. Since 2013, Paxhia and her brother Morgan have provided funds to leading brands, including Aphria (2014), Headset (2018) and the Ceres Acquisition Corp. (OTC: CERAF) brand Parallel...
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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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Cannabis Human Capital Firm Wurk Raises $3.5M
Friday, April 23, 2021 - 12:54pm | 214Wurk, a human capital management company for the cannabis industry, announced this week the closing of an oversubscribed $3.5 million Series AA round of financing, completed entirely by existing investors. The round was led by Wurk Investment Partnership, with participation from Poseidon Asset...
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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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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...
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Tilray, Aurora Cannabis Layoffs May Signal Industrywide Problem
Thursday, February 6, 2020 - 1:46pm | 1252The trend of layoffs in the cannabis industry, which started in 2019, has done nothing but accelerate in 2020 with: Medmen Enterprises Inc (OTC: MMNFF) cutting more than 40% of its workforce; Pasha Brands reducing its team by 24%; Zenabis Global Inc (OTC: ZBISF) terminating 40 people (about 10% of...