Cannabis Has Contributed $43.5 Billion To Canadian GDP – The Daily Dive
Returning to the Daily Dive today is Emily Paxhia, co-founder and Managing Partner of Poseidon Asset Management. Emily returns to the show today to discuss the expected impact of rate hikes on cannabis equities, the Canadian cannabis market, and the impact the grey market has on legal business. Also discussed is the global movement towards legalization, including in the US, and the improvements seen in cannabis ETF’s.
Poseidon Asset Management, originally founded in 2013 by siblings Emily and Morgan Paxhia, is currently one of the longest running cannabis investment funds in the space. The firm focuses on funding primarily private operators in the space, with a diversified strategy that is focused on a range of company stages and industry subsectors. Considered leaders in the cannabis industry, the team now serves on multiple boards within the sector.
You can find more of Emily here:
- Website: https://www.poseidonassetmanagement.com/
- Twitter: @empax1 @PoseidonAsset
The author has no securities or affiliations related to any organization mentioned. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
