While it is still difficult to invest directly in legal pot through public equities, venture capital firms and private equity funds have raised hundreds of millions of investment dollars.
Tag Archives: Poseidon Asset Management
Startups are finding new ways to tailor technologies specifically to cannabis businesses.
Over the last few years, a new wave of cannabis-finance companies have formed to capitalize on the green rush.
OJAI, Calif., May 12, 2016 /Weed Wire/ — Green Flower Media, is bringing together 30+ of the world’s most successful cannabis entrepreneurs, experts, and investors during the Virtual Cannabis Entrepreneur Summit.
SAN FRANCISCO, April 5, 2016 /Weed Wire/ — Today Meadow, the startup building software for the medical cannabis industry, is announcing $2.1M in seed funding with participation from David Lee, Justin Kan, Steve Huffman, Hiten Shah, Slow Ventures, Liquid 2 Ventures, SOMA Capital, and Poseidon Asset Management.
HENDERSON, Nev., Nov. 4, 2015 /Weed Wire/ — On the heels of ballot initiative campaigns for legalization being launched in Nevada, California, Arizona, and Maine, more than 250 high net worth investors from around the world will gather in Las Vegas, NV at the ArcView Investor Forum.
Tradiv.com announced on Thursday that it had completed its $1 million seed-stage round of funding. The round was led by investors TL Partners, Poseidon Asset Management, and Anslinger Capital. After pitching to the ArcView Group’s Investor Network, Tradiv was approached by investors who like the online, wholesale, B2B marketplace idea.
DENVER, June 2, 2015 /PRNewswire/ — Flowhub, a next generation seed-to-sale platform for the cannabis industry, is pleased to announce it has closed a seed round led by Poseidon Asset Management, as well as a private placement by MassRoots (MSRT); a total of $500,000 was raised.
Disruptive technology isn’t meant to please complacent companies, it is meant to displace them and create new entrepreneurial belief systems that have the potential to change our world and the way we interact with it.
Even in the wake of warnings from the SEC regarding fraudulent marijuana stocks, investors are still seeking ways to capitalize on the “green rush.”
Few business sectors are growing as fast as the cannabis industry. After the 2014 midterm election, the recreational market expanded from two states to four; and many expect marijuana to become legal nationwide within the next decade.