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2014 - 08

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Poseidon Featured in Institutional Investor

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.

 

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UK Man Beats Cancer With the Help of Cannabis Oil

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UK Man Beats Cancer With the Help of Cannabis Oil

In 2012, Trevor Smith was diagnosed with bladder cancer and told he had just two years to live without chemotherapy and the immediate removal of his prostate, bladder and other organs.  He balked at the extreme surgery, and decided to explore alternative therapies--including the use of cannabis oil.

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California Lt. Gov Gavin Newsom Supports Cannabis Legalization

Lt. Governor Gavin Newsom recently came out in support of cannabis legalization. At a luncheon in Marin County on Tuesday, he pledged to back the initiative on the 2016 ballot. 

“I don’t like drug abuse, or drug use. That said, I dislike the ‘war on drugs’ more,” Newsom said. “It is a war on people of color, it is a war on poor people, and it is an outrage.”

Check out the recent KQED interview on the topic, above. We're with you, Gavin!  

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