CEO Paul Pedersen talks about embracing the “poison pill” of a shareholder rights plan
In this interview, Paul Pedersen, the CEO of Nextleaf Solutions (CSE: OILS) speaks with SmallCapPower about the company’s recent move to adopt a shareholder rights plan. Mr. Pedersen expects major pharmaceutical and CPG companies investing in cannabis as CBD and THC-infused products become legal this year. As the first public company with a U.S. patent for industrial-scale extraction and purification of cannabinoids, Mr. Pedersen states that a shareholder rights plan was necessary to protect their intellectual property.
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