As cannabis really penetrates the mainstream, an increasing number of highly skilled, intelligent people are getting into the industry. And, while most of these characters generate the utmost respect, very few are really, really impressive – at least in my book.
Two ladies who have certainly earned the latter description are cannabis-focused investment managers: Tahira Rehmatullah, president of T3 Ventures, and Emily Paxhia, co-founder and managing partner of Poseidon Asset Management.
Another group of impressive, experienced women in cannabis is behind cannabis-focused venture fund Treehouse Global Ventures, a fund that, as its website explains, was founded by women and “designed to identify, mentor and grow women and minority-founded cannabis-related businesses.” They are Lindy Snider, Lori Ferrara, and Gaynell Rogers.
So, when I heard all five of these women were joining forces under the Treehouse umbrella, as Rehmatullah and Paxhia joined the firm as senior investment advisors, I could not help but feel excited.
The final pieces for this story fell in place with the addition of Maria Rodale, famed writer and activist, and former Chairman and CEO of global health and wellness media company Rodale Inc, to Treehouse Global Ventures’ senior advisory board, and a personal realization: many in the cannabis industry take pride in supporting gender equality; but when push comes to shove, few are willing to put their money where their mouths are.
In an industry that is rapidly losing female representation among the C-Suite, with the percentage of women in these spots falling from 36 percent in 2015 to 27 percent in 2017 – according to MJBizDaily numbers, and funding for female-led businesses being scarce and hard to come across, the existence of a firm like Treehouse Global Ventures, a venture fund that seeks to empower women founders, acquires extreme relevance.
Interested in learning more about this amazing, honorable project, I caught up with its six fembers.
Read the interview at. https://www.benzinga.com/markets/cannabis/20/07/16656868/putting-their-money-where-their-mouths-are-meet-6-ladies-behind-this-women-only-cannabis-fund?mc_cid=731b7d780c&mc_eid=9d689a81c4