Trees Management
Management criteria checks 3/4
Trees' CEO is Adam Hershey, appointed in May 2021, has a tenure of 3.67 years. total yearly compensation is $142.36K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 2.51% of the company’s shares, worth $69.44K. The average tenure of the management team and the board of directors is 3.3 years and 4.3 years respectively.
Key information
Adam Hershey
Chief executive officer
US$142.4k
Total compensation
| CEO salary percentage | 100.0% |
| CEO tenure | 3.7yrs |
| CEO ownership | 2.5% |
| Management average tenure | 3.3yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$5m |
| Jun 30 2024 | n/a | n/a | -US$6m |
| Mar 31 2024 | n/a | n/a | -US$7m |
| Dec 31 2023 | US$142k | US$142k | -US$7m |
| Sep 30 2023 | n/a | n/a | -US$10m |
| Jun 30 2023 | n/a | n/a | -US$12m |
| Mar 31 2023 | n/a | n/a | -US$11m |
| Dec 31 2022 | US$135k | US$125k | -US$10m |
| Sep 30 2022 | n/a | n/a | -US$8m |
| Jun 30 2022 | n/a | n/a | -US$6m |
| Mar 31 2022 | n/a | n/a | -US$7m |
| Dec 31 2021 | US$67k | US$67k | -US$8m |
| Sep 30 2021 | n/a | n/a | -US$9m |
| Jun 30 2021 | n/a | n/a | -US$8m |
| Mar 31 2021 | n/a | n/a | -US$9m |
| Dec 31 2020 | US$58k | n/a | -US$8m |
Compensation vs Market: Adam's total compensation ($USD142.36K) is below average for companies of similar size in the US market ($USD645.47K).
Compensation vs Earnings: Adam's compensation has increased whilst the company is unprofitable.
CEO
Adam Hershey (51 yo)
3.7yrs
Tenure
US$142,358
Compensation
Mr. Adam L. Hershey serves as a Director of Trees Corporation (formerly known as General Cannabis Corp)oration since July 13, 2020, has been its Interim Chief Executive Officer since May 7, 2021 and served...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim CEO & Director | 3.7yrs | US$142.36k | 2.51% $ 69.4k | |
| Interim CFO | 2.3yrs | US$200.00k | 0.28% $ 7.6k | |
| Chief Visionary Officer | 3.3yrs | US$171.84k | no data | |
| Vice President of Administration | 3.3yrs | no data | no data | |
| Chief Compliance Officer | 2.3yrs | no data | 6.33% $ 175.3k | |
| Chief Marketing Officer | 2.1yrs | no data | 6.54% $ 181.0k | |
| Managing Director of Chiefton Supply | 5.9yrs | no data | no data | |
| President of Retail Operations | 3.3yrs | no data | no data | |
| Senior Vice President of Operations | no data | no data | no data |
3.3yrs
Average Tenure
44.5yo
Average Age
Experienced Management: CANN's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim CEO & Director | 4.5yrs | US$142.36k | 2.51% $ 69.4k | |
| Independent Chairman | 4.3yrs | US$38.50k | 0% $ 0 | |
| Lead Independent Director | 4.3yrs | US$38.50k | 0.018% $ 509.0 |
4.3yrs
Average Tenure
51yo
Average Age
Experienced Board: CANN's board of directors are considered experienced (4.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 08:01 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| 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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
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 .
Analyst Sources
Trees Corporation is covered by 0 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.
| Analyst | Institution |
|---|