Poseidon

By Andres Navia, Poseidon portfolio manager. My team at Poseidon proposed that I write a post on our most frequently used valuation methodology at our firm and I would like to start this post by thanking them for doing that. I think that our valuation methodology is really straightforward...

If 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,...

The MGO and ELLO Cannabis Practice recently launched its “The Cannabis 50” list. This industry highlight recognizes those who transformed, uplifted and inspired the growth and maturation of the cannabis industry with a focus on acts of impact this year. “In creating ‘The...

Flowhub, a cannabis retail management platform for up-to-date dispensaries, said Tuesday it has raised an oversubscribed $23-million Series A financing round led by e.ventures; Evolv Ventures, the venture fund supported by Kraft Heinz; and Poseidon. Other contributors included 9Yards...

Credit Suisse’s Gregory Lewis maintained an Underperform rating for Transocean LTD (NYSE: RIG), with a price target of $10. There are about 1,200 floater days contracted year to date, which includes approximately 250 incremental days from the company’s fleet status report. “...