November 15, 2021

U.S. Rep. Nancy Mace (R-SC) introduced legislation today to decriminalize cannabis at the federal level, offering Republicans a more conservative approach to legalization which proposes taxing and regulating it more like alcohol. From a legislative timing perspective, the bill doesn’t make sense to be released now other…

  • by Morgan Paxhia

“History doesn’t repeat itself, but it often rhymes” - Mark Twain

Rhyme #1 — Dotcom and Cannabis Bubbles

We sure seem to be saying and hearing this Mark Twain quote a lot in 2021, as we watch the cannabis public markets cycle lower for 7 straight months…

The cannabis industry is at an inflection point. Essential-business status created an unexpected leap in new consumer adoption. Sales were up 40% in 2020. The results appear in nearly every sector but are most visible in the quarterly reports of the publicly traded multi-state operators (“MSOs”). …

Understanding Critical Components

By Andres Navia

‘Flagging’ important considerations for preferred stock

Our Portfolio Manager Andres Navia is at it again! This time he really digs in on preferred stock term sheets. There are many aspects to these term sheets that are critical for founders and investors to understand in all areas from cap table impacts…

Poseidon

Investing in Cannabis globally since 2014.

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