Cannabis Hedge Fund Pursues Triple Bottom Line

Morgan Paxhia Emily Paxhia Poseidon Asset Management

Sister and brother Emily & Morgan Paxhia launched one of the first cannabis-focused hedge funds in 2013 and now have a portfolio that includes 27 companies, including Baker and Tradiv.  The Paxhias have a very personal connection to cannabis that began with the passing of their father two decades ago, when the hospice nurse suggested to the family that he consider using cannabis, which he declined due to the stigma. Jeremy Berke described the genesis of the firm and the Paxhias’ complementary skill sets that have helped them to grow their firm as they pursue a “triple bottom line” of helping their investors achieve good financial returns while also achieving social and environmental goals.

Read Jeremy Berke’s “Meet the brother-and-sister team behind one of the first cannabis-focused hedge funds”:

Published by NCV Newswire
NCV Newswire
The NCV Newswire by New Cannabis Ventures aims to curate high quality content and information about leading cannabis companies to help our readers filter out the noise and to stay on top of the most important cannabis business news. The NCV Newswire is hand-curated by an editor and not automated in anyway. Have a confidential news tip? Get in touch.

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