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.109 - The Future of Terpenes & Cannabis Quality Analytics Ft. Max Koby, Founder of ABSTRAX Tech
E.108 - Cannamoms & Clean Cannabis Ft. Kristin Murr-Sloat Co-Owner of AlpinStash
E.107 - Legal Cannabis in Michigan & A Creative Social Equity Solution ft. Narmin Jarrous
E.106 - Discovering the Truth Ft. Maryam Henein of The Honey Colony
E.105 - Overcoming Adversity & Hemp Apparel Ft. Bryan DeHaven, Founder of Alpine Hemp
Danksgiving Special Ft. Lit & Lucid
E.104 - Cannabis & Creativity Ft. Shawn Gold, CEO of Pilgrim Soul
E.103 - Cannabis Law Ft. Jeffrey Welsh of Vicente Sederberg
E.102 Ft. Laganja Estranja - Utilizing Cannabis to Achieve Greatness
E.101 - Cannabis Consciousness Ft. Max Simon, Founder of Green Flower Media
E.100 ft. Jim Belushi - On a Mission From God (Blue's Brothers Launch at The Green Solution)
Season 10 Sesh - Introducing Lit & Lucid 2.0
E.99 - Celebrity Jeweler Turned Cannabis Entrepreneur Ft. Alex Todd, Founder of Saucey Farms & Extracts
E.98 - Wave Theory & Cannabis Investment Ft. Narbé Alexandrian, CEO of Canopy Rivers
E.97 - Inequalities in Cannabis Ft. Shanita Penny, Founder of Budding Solutions
E.96 The Rise of Edible Consumption ft. Elise McDonough of CannaCraft
E.95 - Changing the World through Hemp ft. “King of Pot Stocks” Bruce Perlowin
E.94 ft. Ladies of Paradise
E.93 - Equity In Cannabis Ft. Jane West
E.92 - From Capitol Hill to Cannabis ft. Edward Weidenfeld, CEO of District Cannabis
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