Poseidon Asset Management

What is Poseidon Asset Management?

Poseidon Asset Management is a venture capital firm founded in 2013 with a dedicated focus on the cannabis industry.

The firm invests in various sectors within this space, including AgroTech, HealthTech, Fitness, Healthcare, Wellness, Consumer, and others.

Their expertise lies particularly in areas such as agriculture technology, compliance technology or SaaS, genetics and lab testing, industrial hemp, machine learning, and data analytics. Providing financial support to innovative companies in the early stages of development, including Seed, Early Stage, and Series A rounds, Poseidon Asset Management positions itself as a key player in nurturing the growth of the cannabis sector. The firm operates with an investment philosophy that centers on contributing strategic capital to companies that have the potential to push the boundaries of the industry.

They are equipped with a minimum investment threshold of $250,000 and a maximum investment limit of $3,000,000, with a 'sweet spot' investment size of approximately $1,500,000 for the ventures they believe hold a promising future. Integral to their investment approach is the selection of growth-stage companies through various funds. The second fund was launched in 2014 as a venture capital fund, following the hedge fund origins.

As of the latest update, Poseidon Asset Management has introduced their third fund, The Poseidon Garden Fund, launched in March 2021, which is currently open to accredited investors. This continued expansion underscores their commitment to fostering innovation within the burgeoning legal cannabis market, as well as adjacent sectors that support and are supported by cannabis growth and distribution.