About Poseidon

HARNESS THE GREEN WAVE®  
Poseidon was founded by siblings Emily & Morgan Paxhia in 2013, making their first fund one of the longest running dedicated cannabis investment funds, with over $85 million in Assets Under Management and an IRR of 53% net of fees as of December 31, 2019. On March 31, 2020, the Poseidon team closed the fundraise for its Fund Two, a Venture Capital strategy, bringing total Assets Under Management to $145 million. The Poseidon team has focused on a diversified strategy covering a range of company stages and industry subsectors across the capital spectrum.
SEE OUR HISTORY
Poseidon Asset Management

Past to Present

2013
Fund 1 is Formed
2014
FUND 1 LAUNCHES
Colorado & Washington open their doors to Adult Use Market
2014
Investments:
2015
Investments:
2016
Investments:
2017
Investments:
2018
Investments:
2018
Launch of Second Fund
2018
November: First Close
2018
First Investments:
2019
Investments:
2020
Investments:

The Poseidon
Team

In the sixth year of conducting due diligence, deploying capital, and serving on a number of company Board of Directors, the team is considered a leader in the cannabis industry. This recognition, in conjuncture with Poseidon being a first mover in the cannabis investment space, has led to a level of trust with industry insiders. Poseidon has forged a positive reputation in the cannabis industry by helping companies when others would not, resulting in proprietary deal flow.
Morgan Paxhia
Managing Partner
Emily Paxhia
Managing Partner
Michael Boniello
Managing Director
Andres Navia
Portfolio Manager

Poseidon Pledges to the Industry

We are committed to growing with the burgeoning cannabis industry in an honest, responsible, non-exploitative way.
We will work to change the old, outdated perceptions of cannabis and to replace the stigma with fresh perspectives, through education and by living as examples.
We seek to end cannabis prohibition and all the injustices and harms that prohibition inflicts.
We are committed to showing the good cannabis can render as a medicine, for adult use, and as a material (industrial hemp) that can aid humans in living sustainably and responsibly.