Paul Pedersen is an entrepreneur with more than 15 years of leadership experience with emerging growth companies. Paul is responsible for the vision and strategic direction of Nextleaf OILS, which develops technology for the extraction, distillation and delivery of cannabinoids.
Pedersen has been focused on the cannabis industry since 2013, including as an early investor and advisor to Canada’s first legal cannabis oil producer acquired in 2016 by The Cronos Group (TSE: CRON). Pedersen founded Nextleaf in 2017 to improve cannabis oil economics with the construction of its automated closed-loop extraction plant in Metro Vancouver. The Company is a low-cost producer of cannabis distillate and CBD oils through its wholly-owned subsidiary Nextleaf Labs, a Health Canada licensed cannabis processor. Nextleaf OILS owns the 2nd largest portfolio of patents and intellectual property within the cannabis industry.
Pedersen has been a lifelong serial entrepreneur. He founded his first company while a student in college, and led an exit through a reverse takeover in 2007 by Towerstream, a NASDAQ listed technology company. Paul has been a founder of five companies that have gone public on the TSX Venture or Canadian Securities Exchange. He has more than 10 years of board experience with publicly traded companies. Paul was named one of the Cannabis Industry’s Top Forty Under 40 in 2020. He has been a guest speaker at more than a dozen Universities and conferences related to cannabis.
Pedersen received a MBA in Finance from Michigan State University – where he served as a Fellow at the Center for Venture Capital Private Equity and Entrepreneurial Finance – and a Bachelors of Commerce Degree from the Sobey School of Business at Saint Mary’s University. Paul grew up in Langley, B.C. in a dairy farming family.