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.

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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.

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