Poseidon Asset Management was mentioned in a recent article in Institutional Investor on the green rush. The article, which approaches the newly blooming industry with guarded enthusiasm, brings up both the ArcView Group and the Marijuana Policy Project, as well--both of which Poseidon is a member.
Despite some skepticism, "some investors attent that it's time to 'harness the green wave,'" Institutional Investor begins, "echoing the slogan of the San Francisco-based firm, Poseidon Asset Management. Morgan Paxhia, a former financial advisor with UBS, and his sister, Emily Paxhia, launched Poseidon last October. The firm... is launching a hedge fund that invests in the cannabis and hemp-related assets."
Read the full article here.