The Cannabis Business Coach Podcast Episode 3: Emily Paxhia

Emily Paxhia is a co-founder and one of the Managing Directors of Poseidon Asset Management, an investment management company founded in 2013 to invest exclusively in the cannabis industry. Poseidon is one of the longest running dedicated cannabis investment funds with total Assets Under Management of $145 million.

Emily has reviewed thousands of companies in the cannabis industry and has made over a hundred placements in the space. Prior to Cannabis, Emily had over a decade of experience working as a consultant and researcher.

For the first 30 minutes, I interview Emily and then we shift into The Cannabis Business Coach portion, where I help Emily work through her challenge of dealing with way too many emails and too much computer time.

In this episode we discuss:

• Historic moments Emily has witnessed as an investor in the Cannabis industry
• Emily’s first time buying Cannabis at a dispensary
• The 3 moments that inspired Emily to get into the industry in the first place
• How Cannabis demand may be inelastic and how Covid19 might make the industry stronger in the long term
• The challenges of due-diligence while in quarantine
• Some of Poseidon’s portfolio companies that Emily is particularly proud of
• How hemp can create a lot of jobs
• What it’s like to be one of the only females in the room and advice for other ladies in that situation
• The importance of yoga, reading both fiction and non-fiction, and why warm intros make a big difference

Resources:

The Hard Thing About Hard Things - Ben Horowitz

Getting Things Done - David Allen

High Output Management - Andy Grove

The Cannabis Business Book - Michael Zaytsev - The Cannabis Business Coach

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Video below: