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.149 - Creating Efficiency With Cannabis Pathogen Testing ft. Milan Patel, Co-Founder & CEO of PathogenDx
E.148 - Investing in Cannabis & Federal Legalization ft. Jason Wilson, ETFMG
E.147 - The Importance of Medical Cannabis Research ft. Heather Jackson, Co-Founder & President of Realm of Caring
E.146 - The Art & Science of Glass Distribution ft. Chris Piazza, Founder & CEO of CannaDevices
E.145 - Cannabis and Fitness + Michigan Cannabis ft. Lamar Byrd Jr. Founder of Kush Pump
E.144 - Justice for Cannabis Offenders ft. Stephanie Shepard, Development Associate at Last Prisoner Project
E.143 - Cannabis Compliance Software ft. Marion Mariathasan, CEO of Simplifya
E.142 - Grow Your Own, Plant Medicine Education ft. Dr. Amanda Reiman Ph.D., Founder & CEO of Personal Plants
E.141 - PAX Veterans Releaf Era Pod ft. Steven Jung, COO of PAX
E.140 - Organic Mushroom Extracts ft. Jeff Chilton, President of Nammex
E.139 - Growing Belushi ft. Chris Karakosta GM of Belushi's Farm
E.138 - Cultivating LOWD Craft Cannabis ft. CEO Jesce Horton
E.137 - Conscious Consumption and Mental Health ft. Lit & Lucid
E.136 - Investing in Psychedelics ft. Tim Schlidt Co-Founder of Palo Santo
E.135 - Catching up on Cannabis ft. Brooke Burgstahler of Budding Mind
E.134 - The Cannabis Wedding Expo ft. Co-Founder Philip Wolf
E.133 - Civilized, Lifestyle Brand Relaunch ft. Co-Founder & CEO Terri MacDonald Riedle
E.132 - Cannabis & Design Ft. Andreas Neumann, Chief Creative Director, Jushi Holdings Inc.
E.131 Paradiso, Craft Cannabis Farm ft. Founder and CEO Christina DiPaci
E.130 - MJ Unpacked ft. George Jage CEO of Jage Media
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