Paul Weiss
Multi-Industry Senior Executive
Baltimore,MD
Summary
Accomplished Executive, well-versed in assessing risk, developing solutions and implementing positive changes to achieve sustainability and growth in challenging market conditions. Adept at raising capital and strengthening business and customer relationships.
Overview
27
27
years of professional experience
Work History
Chief Executive Officer
Elevation Enterprise LLC / PaperPlanes
01.2021 - 09.2024
- Led acquisition and capital growth initiatives: Partnered with an investor group to acquire a majority stake in the company and successfully raised over $6 million in equity capital over 3.5 years.
- Brand development and market penetration: Launched the PaperPlanes cannabis concentrates brand, scaling distribution from zero to becoming one of California's most popular and recognized brands.
- Strategic relationship management: Cultivated and maintained productive relationships with industry partners and competitors, driving collaboration and advancing strategic business objectives.
- Revenue growth and innovation: Increased annual company revenue from $0 to $4 million by implementing innovative business strategies, expanding product offerings, and optimizing operations.
- Successful exit: Achieved a profitable exit through the sale of the company to one of California’s largest vertically integrated cannabis companies in a $33 million transaction.
Chief Executive Officer
Younger Creek LLC
01.2019 - 01.2021
- Financial leadership in facility development: Led financial strategy and capital acquisition for a 36,000 sq. ft. manufacturing facility to support the operational growth of a cannabis startup. Focused on resource allocation and meeting financial objectives for the project.
- Capital acquisition and deployment: Raised over $4 million in equity capital to fund the acquisition of the facility and key equipment for manufacturing. Maintained strong financial oversight to align with investor expectations and project goals.
- Strategic corporate consolidation: Successfully merged the investor group into Elevation Enterprise LLC (PaperPlanes) in 2021, integrating financial and operational resources to create a more unified entity.
- Exit with strategic market alignment: Facilitated the transition of the investment from a pure manufacturing focus to a premium cannabis brand, responding to market trends favoring brand-driven strategies over manufacturing operations. This strategic shift significantly increased the company's overall valuation and positioned it for future growth opportunities.
Managing Partner
West Hill Asset Management
06.2012 - 11.2018
- Founding Partner: Co-founded and led a boutique family office specializing in real estate investments, with a focus on identifying high-potential opportunities in dynamic markets.
- Strategic investments: Directed minority equity investments, targeting diverse real estate assets primarily in the Miami, FL market, known for its rapid growth and evolving opportunities.
- Local partnerships: Collaborated with specialized local companies to leverage market-specific expertise, optimize deal execution, and enhance investment outcomes.
Managing Partner
Atlas One Financial Group LLC
01.2002 - 05.2012
- Co-Founder and Operations Leader: Founded Atlas One Financial Group, a fully licensed broker-dealer specializing in high-net-worth asset management and institutional fixed-income trading.
- Operational oversight: Directed all operations, regulatory compliance, and strategic initiatives, driving organizational growth and efficiency.
- Team building: Led hiring efforts, scaling the firm to over 70 employees across four locations.
- Revenue growth: Grew the company from $0 revenue and no licenses to over $30 million annually, establishing a strong presence in the financial services sector.
Executive Director - Investments
Openhiemer & Co,
02.1998 - 03.2002
- Portfolio Management: Managed investment portfolios for high-net-worth individuals, tailoring strategies to meet client-specific financial goals and risk tolerances.
- Institutional Client Services: Provided fixed-income trading solutions for middle-market institutions, facilitating efficient order flow and delivering value-driven outcomes.
Education
Bachelor of Science - Economics
SUNY Purchase
Purchase, NY 05.2001 -
Skills
Organizational management
Strategic planning
Capital mormation
Business development
Timeline
Chief Executive Officer
Elevation Enterprise LLC / PaperPlanes
01.2021 - 09.2024
Chief Executive Officer
Younger Creek LLC
01.2019 - 01.2021
Managing Partner
West Hill Asset Management
06.2012 - 11.2018
Managing Partner
Atlas One Financial Group LLC
01.2002 - 05.2012
Bachelor of Science - Economics
SUNY Purchase
05.2001 -
Executive Director - Investments
Openhiemer & Co,
02.1998 - 03.2002
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