Got a genius cannabis brand concept but need investors? On August 31st, venture capital firm Poseidon will be hosting Poseidon GreenShoots™ Pitch Forum, a 90-minute virtual pitch forum to connect top-performing cannabis companies with accredited investors.
“Cannabis is such a crowded and complicated space that investors are often not sure where to look, while promising companies get lost in the shuffle. The GreenShoots pitch event is designed to connect these two groups directly and efficiently move the industry forward,” said Celia Daly, director of operations for Poseidon.
Five cannabis companies will be chosen to deliver a three minute pitch to an audience of accredited investors, followed by a Q&A from the panel of judges. Companies from all sectors and stages of growth are welcome, from ancillary services to licensed operators. To determine the best pitch, the judges will score each company’s team, market opportunity, concept, and ability to raise capital. The winner will get three months of free membership to Poseidon Mastermind, consulting time from the judges, and a spot to pitch on The Money Stage during MJ Unpacked Las Vegas, an exclusive trade event for investors and cannabis industry executives.
“The Money Stage provides a unique opportunity for companies to provide a corporate investment presentation to an audience of accredited investors, family offices, and high net worth individuals,” explained George Jage, CEO and co-founder of Jage Media, the company that hosts MJ Unpacked.
“We’re excited to be hosting the winner of the GreenShoots pitch event at MJ Unpacked as it will directly reflect the quality of companies raising funds from The Money Stage,” said Jage Media investment engagement manager Deborah Johnson.
The panel of judges for the event will include Andrew Albert of TVC Capital, Gavin O’Reilly of Cowen, Javier Hasse of Benzinga, as well as Emily Paxhia and Andres Navia from Poseidon. The GreenShoots™ Pitch Forum will be hosted virtually on August 31st, 2021 at 12PT/3ET. Accredited investors can register to attend the GreenShoots™ Pitch Forum here. Eligible cannabis companies can apply to pitch here. Applications to pitch officially close on August 17th, but have been extended to August 20th for MJ Brand Insights readers.
MJ Unpacked will be held at the Mandalay Bay Resort & Casino in Las Vegas on October 21-22. Register here.