Tune in to E.155 ft. Patrick Rea, Managing Director at Poseidon. Prior to his role at Poseidon, Patrick founded and was the CEO of CanopyBoulder for 6 years. During his time at Canopy Patrick raised and managed five funds and led investments for 115 companies in the cannabis industry. Today, Patrick works with Poseidon Asset Management, which was started in 2013 making their first fund one of the longest running dedicated cannabis investment funds.
Patrick discusses how he got started in the cannabis industry and more on the work he's done with CanopyBoulder. CanopyBoulder has invested in many of the companies we've had on the show, so it was fun to chat with someone who was inherently involved in the early years of their successes.
We had a detailed conversation about investing in cannabis, what types of companies Poseidon invests in and what opportunities their firm is looking for in the future. Patrick provides his thoughts on federal legalization and what impact that may or may not have on both investors and entrepreneurs in the space.
Patrick finishes the show offering some good advice to young entrepreneurs looking to enter the industry!
--- Support this podcast: https://podcasters.spotify.com/pod/show/lit-and-lucid/supportE.169 - Salty Cannabis Snacks ft. Caroline Yeh, CEO & Co-Founder of TSUMo Snacks
E.168 - Live Rosin Edibles ft. Steve Morigi, Brand Product & Process Manager of Olio
E.167 - The Future is Cannabis-Infused Non-Alcoholic Spirits ft. Darnell Smith, Founder & CEO of MXXN
E.166 - Cannabis Data Analytics & Consumer Insight ft. Kris Walker, President & CCO of Hoodie Analytics
E.165 - Solventless Cannabis & Canopy Growth Acquisition ft. Ron Gershoni, Co-Founder & CEO of Jetty Extracts
E.164 - Seed to Sale Tracking Software ft. Lewis Koski, Chief Strategy Officer of Metrc
E.163 - Best Selling California Cannabis ft. Skip Motsenbocker, CEO of Pacific Stone
E.162 - New York Legalization & Actionable Cannabis Conferences ft. Jacobi Holland, Co-Founder of On The Revel
E.161 – Premium CBD Flower & Tennessee Cannabis Legalization ft. David Miller and Erich Maelzer of Flow Gardens
E.160 - New Hampshire Cannabis Legalization ft. Tim Egan & Matt Simon
E.159 - Cannabis Hospitality & Social Consumption ft. Chris Chiari, Founder & CEO, The 420 Hotels and Owner, The Patterson Inn
E.158 - Cannabis Science and Education ft. Mike Hennesy VP of Innovation at Wana Brands
E.157 - Infused Baked Goods From the Heart ft. Karin Lazarus, Founder of Sweet Mary Jane Bakery
E.156 - Elevating the Cannabis Experience Through Chocolate ft. Lauren Gockley, Co-Founder & Chief Innovation Officer at Coda Signature
E.154 - Breaking Stigmas in Cannabis & Authentic Storytelling ft. Debbie McHugh, Chief of Staff at Grasslands: A Journalism-Minded Agency
E.153 - Fully Integrated Facility Design & the International Cannabis Market ft. Lucas Targos, VP of Controlled Environment Agriculture at urban-gro Inc.
E.152 - Establishing the First Legal Cannabis Framework in Colorado Ft. Brian Vicente, Founding Partner at Vicente Sederberg LLP
E.151 - Providing HR & Payroll Services to the Cannabis Industry ft. Colton Keluche, Director of Marketing at Würk
E.150 - Colorado Culture and Fine Cannabis ft. Jon Spadafora, Head of Marketing & Sales at Veritas Fine Cannabis
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