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Nova Cannabis Management
Management criteria checks 3/4
Nova Cannabis' CEO is Grant Sanderson, appointed in Mar 2023, has a tenure of 1.58 years. total yearly compensation is CA$310.45K, comprised of 71.8% salary and 28.2% bonuses, including company stock and options. directly owns 0.041% of the company’s shares, worth €30.10K. The average tenure of the management team and the board of directors is 2.6 years and 2.6 years respectively.
Key information
Grant Sanderson
Chief executive officer
CA$310.5k
Total compensation
CEO salary percentage
71.82%
CEO tenure
1.6yrs
CEO ownership
0.04%
Management average tenure
2.6yrs
Board average tenure
2.6yrs
Recent management updates
Recent updates
CEO Compensation Analysis
How has Grant Sanderson's remuneration changed compared to Nova Cannabis's earnings?
Date
Total Compensation
Salary
Company Earnings
Jun 30 2024
n/a
n/a
CA$3m
Mar 31 2024
n/a
n/a
CA$3m
Dec 31 2023
CA$310k
CA$223k
CA$3m
Sep 30 2023
n/a
n/a
-CA$2m
Jun 30 2023
n/a
n/a
-CA$6m
Mar 31 2023
n/a
n/a
-CA$8m
Dec 31 2022
CA$291k
CA$185k
-CA$11m
Sep 30 2022
n/a
n/a
-CA$12m
Jun 30 2022
n/a
n/a
-CA$16m
Mar 31 2022
n/a
n/a
-CA$22m
Dec 31 2021
CA$320k
CA$183k
-CA$21m
Compensation vs Market: Grant's total compensation ($USD224.38K) is below average for companies of similar size in the German market ($USD487.78K).
Compensation vs Earnings: Grant's compensation has been consistent with company performance over the past year.
CEO
Grant Sanderson
1.6yrs
Tenure
CA$310,451
Compensation
Mr. Grant Sanderson is Interim Chief Executive Officer of Nova Cannabis Inc. from August 1, 2024. Mr. Sanderson is Chief Operating Officer of Nova Cannabis Inc. Mr. Sanderson was Vice President of Operatio...
Leadership Team
Name
Position
Tenure
Compensation
Ownership
Grant Sanderson
COO & Interim CEO
1.6yrs
CA$310.45k
0.041% € 30.1k
Marcie Kiziak
President & Director
2.6yrs
CA$550.44k
0.17% € 124.8k
Cameron Sebastian
CFO & Corporate Secretary
2.6yrs
no data
no data
2.6yrs
Average Tenure
Experienced Management: 2LK's management team is considered experienced (2.6 years average tenure).
Board Members
Name
Position
Tenure
Compensation
Ownership
Marcie Kiziak
President & Director
2.6yrs
CA$550.44k
0.17% € 124.8k
Ronald Hozjan
Independent Director
6.3yrs
CA$250.00k
0.073% € 52.7k
Zachary George
Chairman
2.6yrs
no data
no data
Jeffrey Dean
Independent Director
2.6yrs
CA$225.00k
no data
2.6yrs
Average Tenure
46yo
Average Age
Experienced Board: 2LK's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2024/10/21 00:18
End of Day Share Price
2024/10/21 00:00
Earnings
2024/06/30
Annual Earnings
2023/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Nova Cannabis Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.