Meet the brother-and-sister team behind one of the first cannabis-focused hedge funds

Siblings
Emily and Morgan Paxhia
Courtesy of
Poseidon Asset Management, Emily Paxhia

When Morgan and Emily Paxhia lost their father to cancer in 1996,
the world was a different place.

“It was a rough end-of-life, as with any cancer,” Emily told
Business Insider over the phone. Their father was taking a
“litany of medications” simply to remain comfortable. 

A hospice nurse quietly took Morgan and Emily aside and told
them that their father should try smoking pot…