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.91 - CBD Business Evolution ft. Shauna Blanch, COO of Color Up
E.90 - Hemp & Mushroom Advocacy Ft. Cait Curley
Sesh Ft. Strawberry Sequoia & Casey Jones of The Mary Jane Experience Podcast
E.89 COVID-19 Crisis Communication Ft. Ricardo Baca, Founder of Grasslands Agency
E.88 - Last Prisoner Project ft. Andrew DeAngelo Co-Founder of Harborside
E.87 Cannabis Testing Rules & Regulations Explained - Frank Traylor, CEO of Agriscience Labs
E.86 - COVID-19 & The Cannabis Industry ft. Katherine Golden, Leaf411
E.85 Cannabis Industry Taxes ft. Marshall Varano, Tax Partner at CohnReznick
E.84 Venture Capital in Cannabis ft. Rick Batenburg III of Cliintel Capital
E.83 Sustainable Cannabis Production ft. Rudy Ellenbogen, CEO of Whole Grow
E.82 Educating Budtenders ft. Winston Boney of The Highly Educated
E.81 - Building a Cannabis Empire Ft. Matthew Morgan of Blum Dispensary
E.80 - Denver Westword High Style Event ft. Cannabis & Fashion
E.79 Inside California's Cannabis Market Ft. Patrick King of Soil King
E.78 Behind the Brand ft. Willie's Reserve Co-Founder Elizabeth Hogan
E.77 The Truth Behind Cannabis Culture ft. Greg Welch, Cannabiscapes
E.76 – Phyx Cannabis Infused Sparkling Water ft. Niccolo Aieta CTO of Spherex
E.75 Integrative Cannabinoid Medicine ft. Dr. Rachel Knox
E.74 What's In My Vape + Reputable CBD Ft. Dr. Dot Colagiovanni
E.73 CBD Infused Ice Cream ft. Sam Rose of Rosebud
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