The non-traditional world of the cannabis industry looks very much like the regular corporate world – all men, but these women are out to change that. If marijuana were legalized for general use nationwide, the industry could grow to $45 billion, second only to the beer industry according to Marijuana Business Daily’s 2015 Factbook. As a result, there has been a boom in start-up companies hoping to get into the industry early and the amount of capital willing to fund these companies has increased by 900%. There are some impressive, influential women that have jumped right into the industry with hopes of establishing a strong foothold and breaking down traditional corporate barriers. They are positive, strong willed women and they run their companies “like a boss.” These are the top business women in the marijuana sector.
Emily Paxhia – A co-founder of Poseidon Asset Management, Emily and her brother Morgan decided to get into the cannabis industry after the tragic loss of both parents to cancer. They saw first hand how medical marijuana could have helped ease their parents illness. When she and her brother found themselves out on the west coast, the former New Yorkers saw that the timing was right to strike out on their own and return to their entrepreneurial roots. Paxhia brought to the table ten plus years of work as a brand consultant and market researcher. Emily’s ability to reach out to investors and her brother’s investing skills were the magic for founding Poseidon Asset Management. Along with their third partner Christopher Otchy, the fund was established in January of 2014. Poseidon is hoping to raise $10-15 million dollars in capital this year.
Jazmin Hupp – WomenGrow was founded in the summer of 2014 by Jazmin Hupp and Jane West. WomenGrow is a national professional network that connects leaders and entrepreneurs in the marijuana industry. The group cultivates female leadership through programs and events across the country. In just a short time the group has grown to 30 chapters nationwide. Hupp is the Executive Director and spends a whopping 35 weeks of every year on the road. “We were attending these cannabis events and we weren’t finding our tribe,” said Hupp. “So we decided to set up these events meant to welcome women into the industry and be the first place they come when they are interested in the industry.” The group is sponsored by companies within the industry and has received commitments from fifty different companies and uses the #First50 to recognize this campaign. The group’s next big event they are involved with is the Cannabis World Congress in New York June 17-19…read entire article on Forbes