Delta 9 Cannabis Management

Management criteria checks 3/4

Delta 9 Cannabis' CEO is John Arbuthnot, appointed in Oct 2017, has a tenure of 6.5 years. total yearly compensation is CA$362.06K, comprised of 49.9% salary and 50.1% bonuses, including company stock and options. directly owns 4.8% of the company’s shares, worth €237.30K. The average tenure of the management team and the board of directors is 6.5 years and 6.5 years respectively.

Key information

John Arbuthnot

Chief executive officer

CA$362.1k

Total compensation

CEO salary percentage	49.9%
CEO tenure	6.5yrs
CEO ownership	4.8%
Management average tenure	6.5yrs
Board average tenure	6.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has John Arbuthnot's remuneration changed compared to Delta 9 Cannabis's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	-CA$18m
Sep 30 2023	n/a	n/a	-CA$22m
Jun 30 2023	n/a	n/a	-CA$24m
Mar 31 2023	n/a	n/a	-CA$26m
Dec 31 2022	CA$362k	CA$181k	-CA$27m
Sep 30 2022	n/a	n/a	-CA$21m
Jun 30 2022	n/a	n/a	-CA$14m
Mar 31 2022	n/a	n/a	-CA$11m
Dec 31 2021	CA$229k	CA$181k	-CA$11m
Sep 30 2021	n/a	n/a	-CA$8m
Jun 30 2021	n/a	n/a	-CA$12m
Mar 31 2021	n/a	n/a	-CA$13m
Dec 31 2020	CA$319k	CA$175k	-CA$6m
Sep 30 2020	n/a	n/a	-CA$8m
Jun 30 2020	n/a	n/a	-CA$4m
Mar 31 2020	n/a	n/a	-CA$3m
Dec 31 2019	CA$167k	CA$162k	CA$11m
Sep 30 2019	n/a	n/a	CA$12m
Jun 30 2019	n/a	n/a	CA$11m
Mar 31 2019	n/a	n/a	CA$10m
Dec 31 2018	CA$314k	CA$112k	-CA$8m
Sep 30 2018	n/a	n/a	-CA$12m
Jun 30 2018	n/a	n/a	-CA$11m
Mar 31 2018	n/a	n/a	-CA$9m
Dec 31 2017	CA$494k	CA$78k	-CA$8m

Compensation vs Market: John's total compensation ($USD264.92K) is below average for companies of similar size in the German market ($USD401.52K).

Compensation vs Earnings: John's compensation has increased whilst the company is unprofitable.

CEO

John Arbuthnot (33 yo)

6.5yrs

Tenure

CA$362,060

Compensation

Mr. John William Arbuthnot, IV, also known as John, has been Chief Executive Officer at Delta 9 Cannabis Inc. since October 31, 2017. Mr. Arbuthnot is Co-founder and Vice-President and Responsible Person i...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
John Arbuthnot	Co-Founder	6.5yrs	CA$362.06k	4.8% CA$ 237.3k
John Arbuthnot	Co-Founder & Director	6.5yrs	CA$180.81k	6.39% CA$ 316.2k
James Lawson	CFO, Controller & Secretary	6.5yrs	CA$207.03k	0.53% CA$ 26.3k
Mark Jonker	Chief Operations Officer	no data	no data	0.37% CA$ 18.2k
Matthew Sodomsky	Chief Technology Officer	no data	no data	no data
Marshall Posner	Chief Marketing Officer	no data	no data	no data

6.5yrs

Average Tenure

69yo

Average Age

Experienced Management: V5D1's management team is seasoned and experienced (6.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
John Arbuthnot	Co-Founder	6.5yrs	CA$362.06k	4.8% CA$ 237.3k
John Arbuthnot	Co-Founder & Director	6.5yrs	CA$180.81k	6.39% CA$ 316.2k
Hugh Aird	Independent Director	5.6yrs	CA$275.00k	1.18% CA$ 58.6k
Nitin Kaushal	Independent Chairman of the Board	6.5yrs	CA$328.90k	1.87% CA$ 92.3k
Stuart Starkey	Independent Director	1.3yrs	no data	1.56% CA$ 77.2k

6.5yrs

Average Tenure

62yo

Average Age

Experienced Board: V5D1's board of directors are considered experienced (6.5 years average tenure).

Delta 9 Cannabis Management

Management criteria checks 3/4

Key information

Recent management updates

Delta 9 Cannabis Inc., Annual General Meeting, Jun 28, 2024

Delta 9 Cannabis Inc. Announces Changes to Board of Directors

Insufficient new directors

Insufficient new directors

Joanne Duhoux-Defehr Resigns from Board of Directors of Delta 9 Cannabis Inc

Insufficient new directors

Recent updates

Delta 9 Cannabis Inc., Annual General Meeting, Jun 28, 2024

Full year 2023 earnings released: CA$0.10 loss per share (vs CA$0.22 loss in FY 2022)

New major risk - Shareholder dilution

Delta 9 Cannabis Inc. to Report Q3, 2023 Results on Nov 14, 2023

Second quarter 2023 earnings released: CA$0.02 loss per share (vs CA$0.04 loss in 2Q 2022)

Delta 9 Cannabis Inc. to Report Q2, 2023 Results on Aug 14, 2023

New minor risk - Insider selling

Delta 9 Cannabis Inc. to Report Q1, 2023 Results on May 15, 2023

Delta 9 Cannabis Inc. to Report Q4, 2022 Results on Mar 31, 2023

Delta 9 Cannabis Inc. Announces Changes to Board of Directors

Third quarter 2022 earnings released: CA$0.06 loss per share (vs CA$0.011 loss in 3Q 2021)

Insufficient new directors

Delta 9 Cannabis Inc. Provides Earnings Guidance for the Quarter and Nine Months Ended September 30, 2022

Delta 9 Cannabis Inc. to Report Q3, 2022 Results on Nov 14, 2022

Insufficient new directors

Delta 9 Cannabis Inc. (TSX:DN) acquired All or Substantially All Assets from 10552763 Canada Corp.

Delta 9 Cannabis Inc. (TSX:DN) entered into an asset purchase agreement to acquire all or Substantially all assets of 10552763 Canada Corp. for CAD 3.25 million.

Joanne Duhoux-Defehr Resigns from Board of Directors of Delta 9 Cannabis Inc

Insufficient new directors

Delta 9 Cannabis Inc. has completed a Composite Units Offering in the amount of CAD 2 million.

Delta 9 Cannabis Inc. has completed a Composite Units Offering in the amount of CAD 2 million.

First quarter 2022 earnings released: CA$0.04 loss per share (vs CA$0.042 loss in 1Q 2021)

Delta 9 Cannabis Inc. Provides Revenue Guidance for the Three Months Period Ended March 31, 2022

Insufficient new directors

Delta 9 Cannabis Inc., Annual General Meeting, Jun 29, 2022

Full year 2021 earnings released: CA$0.11 loss per share (vs CA$0.072 loss in FY 2020)

Insufficient new directors

Delta 9 Cannabis Inc. announced that it has received CAD 9.6 million in funding from Sundial Growers Inc.

Insufficient new directors

Delta 9 Cannabis Inc. Provides Preliminary Unaudited Earnings Guidance for the Fourth Quarter and Year Ending December 31, 2021

Insufficient new directors

Insufficient new directors

Delta 9 Cannabis Inc. Announces Health Canada Approval for Perimeter Expansion and Vault Area

Delta 9 Cannabis Inc. Provides Revenue Guidance for the Three-Month and Six-Month Period Ending June 30, 2021

Co-Founder recently sold €93k worth of stock

Co-Founder recently sold €78k worth of stock

First quarter 2021 earnings released: EPS CA$0.04 (vs CA$0.023 in 1Q 2020)

Delta 9 Cannabis Inc. Provides Revenue Guidance for the First Quarter Ending March 31, 2021

Full year 2020 earnings released: CA$0.072 loss per share (vs CA$0.13 profit in FY 2019)

Delta 9 Cannabis Inc. Provides Update on Strategic Cooperation Agreement with F1NE Cannabis Cultivation LTD

Delta 9 Cannabis Inc. Launches Province Wide Delivery in Saskatchewan and Reserve Online in Alberta

Delta 9 Cannabis Inc. to Report Q4, 2020 Results on Mar 30, 2021

Delta 9 Achieves Milestone in Agreement with Micro Cultivation Partner

New 90-day low: €0.30

Delta 9 Achieves Milestone in Agreement with Micro Cultivation Partner

Co-Founder recently bought €62k worth of stock

Delta 9 Cannabis Inc. has completed a Composite Units Offering in the amount of CAD 5.000001 million.

New 90-day low: €0.33

Delta 9 Partners with Emterra Environmental to Create Sustainable Recycling and Landfill Diversion Program for Canadian Cannabis Industry

Delta 9 Cannabis Inc. Completes Final Services Milestone Under an Agreement with Prairie Craft Canopy

Delta 9 Cannabis Inc. Develops Proprietary Decontamination Technology to Help Fight COVID-19 Pandemic

Delta 9 Launches Click & Collect and Same Day Delivery Service in Thompson & Brandon, Manitoba

Delta 9 Cannabis Inc. Completes Final Services Milestone Under an Agreement with Ahahswinis Green Investments Ltd

Third quarter 2020 earnings released: CA$0.07 loss per share

Delta 9 Cannabis Inc. to Report Q3, 2020 Results on Nov 12, 2020

Delta 9 Cannabis Inc. Enters into Strategic Cooperation Agreement with Paradise Cannabis Ltd

Delta 9 Cannabis Inc. Achieves Milestone in Agreement with Micro Cultivation Partner

Delta 9 Cannabis Inc. to Report Q2, 2019 Results on Aug 27, 2019

Delta 9 Cannabis Inc. Achieves Milestone in Agreement with Micro Cultivation Partner

New 90-day high - €0.41

Delta 9 Cannabis Inc. to Report Q2, 2020 Results on Aug 14, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members