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Poseidon Asset Management is an investment management company that focuses on the cannabis industry. The company was founded in 2013 and is based in San Francisco, California. Poseidon Asset Management provides access to a diverse range of companies in the cannabis industry, allowing investors to grow with them. The company is committed to changing the outdated perceptions of cannabis and ending cannabis prohibition. Their business model is designed to identify attractive opportunities and take advantage of market dislocations for the benefit of their clients. Poseidon Asset Management's third fund, The Poseidon Garden Fund, was launched in March 2021 and is now open to accredited investors.
| Characteristics | Values |
|---|---|
| Company Focus | Cannabis Industry |
| Location | San Francisco, California, United States |
| Type of Company | Investment Management |
| Investment Stage | Early Stage Venture, Late Stage Venture, Seed |
| Number of Investments | 41 |
| Average Deal Size | $8M |
| Number of Portfolio Companies | 27 |
| Rounds per Year | 4.10 |
| Peak Activity Year | 2019 |
What You'll Learn
Poseidon Asset Management's investment focus
Poseidon Asset Management is an investment management company that focuses primarily on the cannabis industry. Since its founding in 2013, Poseidon has been dedicated to providing a curated portfolio for investors, allowing them to grow alongside the burgeoning cannabis industry.
Poseidon's investment strategy is centred around identifying attractive opportunities and taking advantage of market dislocations to benefit their clients. They are not afraid to venture into emerging fields and employ radical yet proven investment strategies. With an average deal size of $8 million, Poseidon has participated in 41 investments as of 2024, with 27 portfolio companies and an average of 4.1 rounds per year.
Poseidon Asset Management is based in San Francisco, California, and serves clients within the state. The company was founded by Christopher Otchy, with other key personnel including Emily Paxhia and Morgan Paxhia.
Poseidon's third fund, The Poseidon Garden Fund, launched in March 2021, is currently open to accredited investors.
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The company's history
Poseidon Asset Management is an investment management company based in San Francisco, California, United States. The company was founded in 2013 by Christopher Otchy, who is also the leading representative.
Poseidon Asset Management focuses on the cannabis industry and has been investing in cannabis and hemp since 2014. The company provides access to a diverse range of companies within the industry, allowing investors to grow with them. It is dedicated to curating the most focused portfolio on the cannabis industry, putting capital to work to fund the most promising ventures.
Poseidon has pledged to work towards changing outdated perceptions of cannabis and replacing them with education and honest, responsible practices. The company seeks to end cannabis prohibition and the injustices and harms that come with it.
Poseidon Asset Management's business model is designed to identify attractive opportunities and take advantage of market dislocations for the benefit of its clients. The company is unafraid to bring radical yet proven investment strategies to spaces that others may avoid, always balancing intelligent risk with the expectation of great rewards.
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Investment funds
Poseidon Asset Management is a hedge fund that focuses on investing in the cannabis and hemp industries. The company was founded in 2013 by siblings Emily and Morgan Paxhia and is based in San Francisco, California. Poseidon has been investing in cannabis since 2014 and is one of the longest-running dedicated cannabis investment funds.
Poseidon offers various investment funds tailored to accredited investors interested in the cannabis, marijuana, and hemp industries. Its main offerings include the management of specialised funds, which are now mostly closed to new investors. The exception is the Poseidon Garden Fund, which launched in March 2021 and is open to accredited investors.
Poseidon has a diversified investment strategy that covers a range of company stages and industry subsectors across the capital spectrum. The company has a positive reputation in the cannabis industry and is considered a leader in the field. Poseidon's team has over 16 years of experience in investing and finance, and they have developed a proprietary investment process driven by their time spent in the industry and the data they have collected.
Poseidon's business model is designed to identify attractive investment opportunities and take advantage of market dislocations for the benefit of its clients. The company is not afraid to bring radical yet proven investment strategies to spaces that others may avoid. Poseidon believes that intelligent risk-taking will lead to great rewards.
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Investment portfolio
Poseidon Asset Management is an investment management company based in San Francisco, California. The company was founded in 2013 by Christopher Otchy and has been investing in the cannabis and hemp industry since 2014.
Poseidon Asset Management provides access to a diverse range of companies in the cannabis industry and is dedicated to curating the most focused portfolio in this field. The company puts capital to work by funding promising ventures in the industry and allowing investors to grow alongside them.
Poseidon's business model is designed to identify attractive opportunities and take advantage of market dislocations for the benefit of its clients. The company is unaafraid to implement radical yet proven investment strategies, always keeping in mind that intelligent risk-taking will lead to great rewards.
Poseidon Asset Management has made a total of 41 investments, with an average deal size of $8 million. The fund has a preference for investing in companies that are 2-3 years old and is generally included in 2-6 deals per year. The average startup value when receiving an investment from Poseidon is between $10 million and $50 million.
Poseidon's portfolio companies include Ascend Wellness, Flow Kana, and Flowhub. The fund has also co-invested with Phyto Partners, Arcview Group, and Salveo Capital, among others.
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Investment strategy
Poseidon Asset Management is an investment management company that focuses on the cannabis industry. Based in San Francisco, California, the company was founded in 2013 and has been investing in cannabis since 2014.
Poseidon's business model is designed to identify attractive opportunities and take advantage of market dislocations for the benefit of its clients. The company is committed to growing with the burgeoning cannabis industry in an honest, responsible, and non-exploitative manner. It seeks to change outdated perceptions of cannabis and end cannabis prohibition.
Poseidon's investment strategy involves providing access to a diverse range of companies in the cannabis industry, allowing investors to grow with them. The company's portfolio includes startups in the cannabis and point-of-sale fields, with an average deal size of $8 million. The fund typically invests in companies that are 2-3 years old and has a preference for investing in rounds with 4-5 participants. The average startup value when receiving investment from Poseidon is between $10 million and $50 million.
Poseidon's third fund, The Poseidon Garden Fund, was launched in March 2021 and is open to accredited investors.
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Frequently asked questions
Poseidon Asset Management is an investment management company that focuses on the cannabis industry. It was founded in 2013 and is based in San Francisco, California.
Poseidon's business model is designed to identify attractive opportunities and take advantage of market dislocations for the benefit of its clients. The company is dedicated to providing a curated portfolio focusing on the cannabis industry and putting capital into funding promising ventures within that industry.
Poseidon is committed to growing with the burgeoning cannabis industry in an honest, responsible, and non-exploitative manner. The company pledges to work toward changing outdated perceptions of cannabis and ending cannabis prohibition.
Poseidon Asset Management's third fund, The Poseidon Garden Fund, was launched in March 2021 and is now open to accredited investors.
