Why Poseidon Asset Management Is Shifting Its Focus to U.S. Cannabis

The video features Morgan Praxilla from Poseidon Asset Management discussing investment strategies in the cannabis industry. It covers the company's focus on both private and public companies, market dynamics, and the impact of federal legalization. The discussion also highlights the importance of market share, profitability challenges, and opportunities in ancillary services. The video provides insights into the evolving cannabis market and the strategic considerations for investors.

What is one reason Poseidon Asset Management shifted focus back to the US market?

• Stronger federal support in the US

• Higher growth potential in the US

• Better management teams in Canada

• Lower taxes in the US

What is a key factor in evaluating cannabis companies for investment?

• The number of employees

• The company's age

• The market's licensing scheme

• The company's location

What is a potential risk if federal legalization occurs in the US?

• Higher taxes

• Stricter regulations

• Increased competition from large companies

• Decreased market size

Why might some cannabis companies choose not to focus on being cash flow positive?

• To increase employee salaries

• To avoid paying taxes

• To prioritize market share growth

• To reduce operational costs

What is an example of an ancillary opportunity in the cannabis industry?

• Cannabis cultivation

• Retail dispensaries

• Technology services

• Cannabis-infused products

How are ancillary technologies in the cannabis industry described in terms of scalability?

• Dependent on federal laws

• Only applicable to cannabis

• Highly scalable

• Limited to small markets

What is a long-term benefit of ancillary technologies in the cannabis industry?

• They are unaffected by market changes

• They require minimal investment

• They can be applied to other regulated industries

• They are exclusive to the cannabis industry