Vireo Growth Inc.

CNSX:VREO Stock Report

Market Cap: CA$115.1m

Vireo Growth Management

Management criteria checks 2/4

Vireo Growth's CEO is Amber Shimpa, appointed in Oct 2024, has a tenure of less than a year. total yearly compensation is $424.24K, comprised of 61.3% salary and 38.7% bonuses, including company stock and options. directly owns 0.35% of the company’s shares, worth CA$401.03K. The average tenure of the management team and the board of directors is 0.5 years and 5 years respectively.

Key information

Amber Shimpa

Chief executive officer

US$424.2k

Total compensation

CEO salary percentage61.3%
CEO tenureless than a year
CEO ownership0.3%
Management average tenureless than a year
Board average tenure5yrs

Recent management updates

Recent updates

Vireo Growth Inc.'s (CSE:VREO) 29% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Oct 12
Vireo Growth Inc.'s (CSE:VREO) 29% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Vireo Growth Inc. (CSE:VREO) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected

Aug 10
Vireo Growth Inc. (CSE:VREO) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected

Market Might Still Lack Some Conviction On Goodness Growth Holdings, Inc. (CSE:GDNS) Even After 30% Share Price Boost

Jun 01
Market Might Still Lack Some Conviction On Goodness Growth Holdings, Inc. (CSE:GDNS) Even After 30% Share Price Boost

Goodness Growth Holdings, Inc. (CSE:GDNS) Stock Rockets 30% But Many Are Still Ignoring The Company

Apr 06
Goodness Growth Holdings, Inc. (CSE:GDNS) Stock Rockets 30% But Many Are Still Ignoring The Company

Investors Still Aren't Entirely Convinced By Goodness Growth Holdings, Inc.'s (CSE:GDNS) Revenues Despite 59% Price Jump

Feb 01
Investors Still Aren't Entirely Convinced By Goodness Growth Holdings, Inc.'s (CSE:GDNS) Revenues Despite 59% Price Jump

Goodness Growth Holdings (CSE:GDNS) Is Carrying A Fair Bit Of Debt

Dec 14
Goodness Growth Holdings (CSE:GDNS) Is Carrying A Fair Bit Of Debt

Health Check: How Prudently Does Goodness Growth Holdings (CSE:GDNS) Use Debt?

Jul 14
Health Check: How Prudently Does Goodness Growth Holdings (CSE:GDNS) Use Debt?

Is Vireo Health International (CSE:VREO) Weighed On By Its Debt Load?

Mar 19
Is Vireo Health International (CSE:VREO) Weighed On By Its Debt Load?

Did Business Growth Power Vireo Health International's (CSE:VREO) Share Price Gain of 127%?

Jan 25
Did Business Growth Power Vireo Health International's (CSE:VREO) Share Price Gain of 127%?

CEO Compensation Analysis

How has Amber Shimpa's remuneration changed compared to Vireo Growth's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$17m

Jun 30 2024n/an/a

-US$17m

Mar 31 2024n/an/a

-US$24m

Dec 31 2023US$424kUS$260k

-US$26m

Sep 30 2023n/an/a

-US$34m

Jun 30 2023n/an/a

-US$37m

Mar 31 2023n/an/a

-US$36m

Dec 31 2022US$759kUS$260k

-US$42m

Sep 30 2022n/an/a

-US$43m

Jun 30 2022n/an/a

-US$41m

Mar 31 2022n/an/a

-US$41m

Dec 31 2021n/an/a

-US$34m

Sep 30 2021n/an/a

-US$22m

Jun 30 2021n/an/a

-US$13m

Mar 31 2021n/an/a

-US$22m

Dec 31 2020US$231kUS$230k

-US$23m

Sep 30 2020n/an/a

-US$63m

Jun 30 2020n/an/a

-US$78m

Mar 31 2020n/an/a

-US$62m

Dec 31 2019US$260kUS$260k

-US$57m

Sep 30 2019n/an/a

-US$17m

Jun 30 2019n/an/a

-US$4m

Mar 31 2019n/an/a

-US$4m

Dec 31 2018US$210kUS$210k

-US$3m

Sep 30 2018n/an/a

-US$2m

Dec 31 2017US$195kUS$195k

-US$431k

Compensation vs Market: Amber's total compensation ($USD424.24K) is above average for companies of similar size in the Canadian market ($USD169.37K).

Compensation vs Earnings: Amber's compensation has been consistent with company performance over the past year.

CEO

Amber Shimpa (45 yo)

less than a year

Tenure

US$424,237

Compensation

Ms. Amber H. Shimpa served as President of Vireo Growth Inc. (formerly known as Goodness Growth Holdings, Inc.) since February 2023 until October 10, 2024 and had been its Corporate Secretary until October...

Leadership Team

NamePositionTenureCompensationOwnership
Kyle Kingsley
Founder & Executive Chairman10.3yrsUS$957.43k2.6%
CA$ 3.0m
Amber Shimpa
Chief Executive Officerless than a yearUS$424.24k0.35%
CA$ 401.0k
Joe Duxbury
Interim CFO and VP of Finance & IRless than a yearno data0.0012%
CA$ 1.4k
Brendan Sweeny
Executive Vice President of Operationsless than a yearno datano data
Eric Greenbaum
Chief Scientific Officer3.8yrsno datano data
Nicole Stanton
Outside General Counselno datano datano data
Aaron Garrido
VP & Chief of Staffless than a yearno datano data
Brandon Van Asten
VP of Finance & Controllerless than a yearno datano data

0.5yrs

Average Tenure

45yo

Average Age

Experienced Management: VREO's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Kyle Kingsley
Founder & Executive Chairman10.3yrsUS$957.43k2.6%
CA$ 3.0m
Judd Nordquist
Independent Director5.7yrsUS$71.00k0%
CA$ 0
Victor Mancebo
Independent Director3.8yrsUS$71.00k0%
CA$ 0
Ross Hussey
Independent Director4.4yrsUS$71.00k0.67%
CA$ 770.0k

5.0yrs

Average Tenure

46.5yo

Average Age

Experienced Board: VREO's board of directors are considered experienced (5 years average tenure).