Avicanna Inc.

TSX:AVCN Stock Report

Market Cap: CA$25.1m

Avicanna Management

Management criteria checks 2/4

Avicanna's CEO is Aras Azadian, appointed in Jan 2016, has a tenure of 8.83 years. total yearly compensation is CA$336.01K, comprised of 26.3% salary and 73.7% bonuses, including company stock and options. directly owns 4.11% of the company’s shares, worth CA$1.03M. The average tenure of the management team and the board of directors is 1.9 years and 3.4 years respectively.

Key information

Aras Azadian

Chief executive officer

CA$336.0k

Total compensation

CEO salary percentage26.3%
CEO tenure8.8yrs
CEO ownership4.1%
Management average tenure1.9yrs
Board average tenure3.4yrs

Recent management updates

Recent updates

Take Care Before Jumping Onto Avicanna Inc. (TSE:AVCN) Even Though It's 31% Cheaper

Nov 17
Take Care Before Jumping Onto Avicanna Inc. (TSE:AVCN) Even Though It's 31% Cheaper

Why Investors Shouldn't Be Surprised By Avicanna Inc.'s (TSE:AVCN) 35% Share Price Surge

Aug 28
Why Investors Shouldn't Be Surprised By Avicanna Inc.'s (TSE:AVCN) 35% Share Price Surge

Market Participants Recognise Avicanna Inc.'s (TSE:AVCN) Revenues Pushing Shares 79% Higher

Jul 11
Market Participants Recognise Avicanna Inc.'s (TSE:AVCN) Revenues Pushing Shares 79% Higher

It's Down 35% But Avicanna Inc. (TSE:AVCN) Could Be Riskier Than It Looks

May 24
It's Down 35% But Avicanna Inc. (TSE:AVCN) Could Be Riskier Than It Looks

Shareholders Should Be Pleased With Avicanna Inc.'s (TSE:AVCN) Price

Apr 05
Shareholders Should Be Pleased With Avicanna Inc.'s (TSE:AVCN) Price

Here's Why Avicanna (TSE:AVCN) Can Afford Some Debt

Apr 18
Here's Why Avicanna (TSE:AVCN) Can Afford Some Debt

CEO Compensation Analysis

How has Aras Azadian's remuneration changed compared to Avicanna's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$7m

Jun 30 2024n/an/a

-CA$7m

Mar 31 2024n/an/a

-CA$7m

Dec 31 2023CA$336kCA$88k

-CA$9m

Sep 30 2023n/an/a

-CA$12m

Jun 30 2023n/an/a

-CA$14m

Mar 31 2023n/an/a

-CA$16m

Dec 31 2022CA$486kCA$161k

-CA$15m

Sep 30 2022n/an/a

-CA$16m

Jun 30 2022n/an/a

-CA$16m

Mar 31 2022n/an/a

-CA$15m

Dec 31 2021CA$244kCA$127k

-CA$17m

Sep 30 2021n/an/a

-CA$24m

Jun 30 2021n/an/a

-CA$29m

Mar 31 2021n/an/a

-CA$34m

Dec 31 2020CA$358kCA$110k

-CA$33m

Sep 30 2020n/an/a

-CA$25m

Jun 30 2020n/an/a

-CA$24m

Mar 31 2020n/an/a

-CA$21m

Dec 31 2019CA$608kCA$240k

-CA$22m

Sep 30 2019n/an/a

-CA$18m

Jun 30 2019n/an/a

-CA$14m

Mar 31 2019n/an/a

-CA$11m

Dec 31 2018CA$150kCA$150k

-CA$7m

Sep 30 2018n/an/a

-CA$5m

Dec 31 2017CA$180kCA$150k

-CA$3m

Compensation vs Market: Aras's total compensation ($USD238.49K) is above average for companies of similar size in the Canadian market ($USD170.34K).

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

CEO

Aras Azadian

8.8yrs

Tenure

CA$336,008

Compensation

Mr. Aras Azadian, M. Mgmt, Msc Management, B.Econ, MBA, is a Co-Founder of Avicanna Inc. He serves as Chief Executive Officer and Director since November 25, 2016 of Avicanna Inc. and served as its Chairma...

Leadership Team

NamePositionTenureCompensationOwnership
Aras Azadian
Co-Founder8.8yrsCA$336.01k4.11%
CA$ 1.0m
Phillip Cardella
Chief Financial Officer1.9yrsCA$254.02k0.64%
CA$ 161.3k
Ivana Maric
Executive Vice President of Marketingno dataCA$249.08kno data
Stephen Kim
Chief Legal Officer & General Counsel of Avicanna USA Inc.1.9yrsCA$396.48kno data
Karolina Urban
Executive Vice President of Scientific & Medical Affairs1.4yrsCA$255.87kno data
Arash Moghani
Executive Vice President of Operations & Technologyno datano datano data
Ingrid Diaz
VP, Assistant General Counsel & Corporate Compliance Officer1.4yrsno datano data
Enric Pujol
Vice President of Peopleno datano datano data
Carlos Enrique Muete
SVP of Clinical Developmentno datano datano data

1.9yrs

Average Tenure

Experienced Management: AVCN's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Aras Azadian
Co-Founder8yrsCA$336.01k4.11%
CA$ 1.0m
Sheldon Inwentash
Member of Business Advisory Boardno datano data5.68%
CA$ 1.4m
Paul Fornazzari
Independent Directorless than a yearCA$12.31k0.94%
CA$ 235.0k
Daniel Sauder
Member of Global Scientific Advisory Boardno datano datano data
Giancarlo Char
Director6.1yrsCA$88.30k0.65%
CA$ 162.7k
Aline Masuda
Member of Business Advisory Boardno datano datano data
Mauricio Torres-Pradilla
Member of Global Scientific Advisory Boardno datano datano data
Humberto Reynales
Member of International Scientific Advisory Boardno datano datano data
Max Jones
Member of Global Scientific Advisory Boardno datano datano data
John McVicar
Independent Director3.4yrsCA$118.75k0.46%
CA$ 115.0k
Eileen McCormack
Independent Director2.8yrsCA$110.18k0.26%
CA$ 64.3k
Al Harrington
Member of Business Advisory Boardno datano datano data

3.4yrs

Average Tenure

60yo

Average Age

Experienced Board: AVCN's board of directors are considered experienced (3.4 years average tenure).