Morgan Paxhia is a co-founder and Managing Partner of Poseidon, one of the longest running funds in the cannabis industry.
With over ten years experience in investing and finance, Morgan has developed a deep understanding of individual company analysis, portfolio construction, and risk mitigation. Since 2012, he has dedicated his investment focus primarily to the cannabis industry. Given the limited amount of information in this emerging vertical, the lack of institutional research, and relative industry immaturity, Morgan embraces an active approach of working closely with companies. He utilizes a “boots on the ground” methodology to better understand individual companies and the industry. Through his extensive travel across the US and Canada, reviewing hundreds of business plans and overseeing several existing cannabis investments, Morgan has developed Poseidon’s investment methodology tailored specific to the business of cannabis. Poseidon’s proprietary process is driven by the time spent in the industry and the considerable data collected over the last several years. He has created frameworks for analysis depending on sub-sector, company stage, and participation across the capital spectrum through our database of contacts, valuations, metrics, and other relevant factors.
Morgan started his investment career at UBS Financial Services working in a Wealth Management/ Investment Banking hybrid training program. The training brought a wide range of first hand experience working through several facets of the organization, including advisory teams managing assets for high net worth individuals and municipal bonds trading. Following UBS, Morgan transitioned to a Providence-based Registered Investment Advisor as an Investment Consultant. During that time, he worked under the partners of the firm doing fundamental portfolio management.
Morgan graduated from the University of Rhode Island with a B.S. in Applied Mathematics in 2005.
Emily Paxhia is a co-founder and Managing Partner of Poseidon.
Emily has reviewed thousands of companies in the cannabis industry and has worked with countless founders in many capacities. She had helped to shape founders' pitch preparations, their go-to-market strategies/ product launches, and advised on day-to-day business operations. Emily has held board seats for multiple portfolio companies and participates as an adviser to multiple teams.
Extremely active in the investment decision making and ongoing investment oversight processes, she works closely with her partners to create meaningful deal structures, ensuring that proper governance is carried out at the company level. Further, Emily has dedicated time and energy to supporting policy groups and has served on the Board of Directors of the Marijuana Policy Project. She also currently serves on the Board of Athletes for CARE and The Initiative.
Emily has over 10 years of experience working as a consultant and researcher, and as such, has become an expert at extracting actionable insights from research and applying them to make corporations function more efficiently and successfully. She also leverages this experience to engage in detailed market analysis for determination around product-market fit and potential scalability.
Emily graduated from New York University with an M.A. in Psychology in 2008. She graduated from Skidmore College with a B.A. in Psychology in 2002.
Mike has spent the past three years at Merrill Lynch's Private Bank and Investment Group as an Analyst co-managing over $1.5 billion in assets for high net worth individuals, families, and foundations. Mike brings his 17 years of diversified financial experience to Poseidon, where he focused not only on the investment management, but on building the structure and systems that allow investment teams to succeed, thus maximizing the client experience. He believes that investors are truly our partners, an extension of our team, and it’s this consideration that mutually benefits all parties involved.
Prior to Merrill, he was an Assistant Vice President at Barclays co-managing over $1 billion in assets. Before Barclays, Mike worked at Thomas Weisel Partners. He was also a founding member of a family office where he served as a Bond Analyst and Assistant Portfolio Manager.
Mike graduated from Miami University (Ohio) with a B.S. in Business Administration in 2000 and holds a Series 7 and 66 license with the Financial Industry Regulatory Authority (FINRA).
Andres Navia is joining Poseidon as a Portfolio Manager – he has been working with us on several projects since April and he adds great depth to our team with his background. Andres will be moving from Miami to San Francisco to join the team in the coming months.
Andres joins Poseidon bringing his 12 years of professional experience in venture capital, entrepreneurship and management consulting with Accenture and Ernst and Young.
He started his career as a management consultant focused on consumer goods, pharma, and software. After his first job in consulting, he co-founded an eCommerce company. He went back to consulting and specialized in asset management advisory, concentrating on digital product and digital distribution strategies for the asset management industry. He transitioned to investing with a focus on early stage financial technology.
Prior to Poseidon, Andres was a Director of a private investment firm that focused on consumer, health, business services and TMT in the US, West Europe and South America.
Andres graduated with a Master of Business Administration from the Kellogg School of Management at Northwestern University, and a Bachelor of Science in Finance and a Bachelor of Science in Marketing from the Carroll School of Management at Boston College.