Proud To Work In Cannabis

SVB could take a lesson from the cannabis industry

Episode Summary

Last quarter cannabis Venture Capitalist Emily Paxhia was less than pleased with the response from SVB when talking about the financial potential of cannabis; now along with her brother, Morgan Paxhia, co-founder of Poseidon Asset Management, she’s breaking down why SVB could have taken a lesson from the industry on this week’s episode of Proud to Work in Cannabis. With host Karson Humiston, Founder & CEO of Vangst, listeners learn how SVB’s risk management issue could have been avoided (spoiler: their Chief Risk Officer departed the company in April), advice for companies who service high risk businesses, and what the future of SAFE Banking may hold as a result of SVB’s collapse. Overall, this episode is a must-listen for anyone interested in the intersection of finance and cannabis. Produce By PodConx Karson Humiston - https://www.linkedin.com/in/karson-humiston-64572b97/ Vangst - https://vangst.com/ Emily Paxhia - https://www.linkedin.com/in/emilypaxhia/ Morgan Paxhia - https://www.linkedin.com/in/morganpaxhia/ Poseidon Asset Management - https://www.poseidonassetmanagement.com/ Recorded on Squadcast

Episode Notes

Last quarter cannabis Venture Capitalist Emily Paxhia  was less than pleased with the response from SVB when talking about the financial potential of cannabis; now along with her brother, Morgan Paxhia, co-founder of Poseidon Asset Management, she’s breaking down why SVB could have taken a lesson from the industry on this week’s episode of Proud to Work in Cannabis.

With host Karson Humiston, Founder & CEO of Vangst, listeners learn how SVB’s risk management issue could have been avoided (spoiler: their Chief Risk Officer departed the company in April), advice for companies who service high risk businesses, and what the future of SAFE Banking may hold as a result of SVB’s collapse. Overall, this episode is a must-listen for anyone interested in the intersection of finance and cannabis.

     

Produce By PodConx

Karson Humiston - https://www.linkedin.com/in/karson-humiston-64572b97/

Vangst - https://vangst.com/

Emily Paxhia  - https://www.linkedin.com/in/emilypaxhia/

Morgan Paxhia - https://www.linkedin.com/in/morganpaxhia/

Poseidon Asset Management - https://www.poseidonassetmanagement.com/

Recorded on Squadcast