Medicine Man Technologies, Inc.

OTCPK:SHWZ Stock Report

Market Cap: US$8.8m

Medicine Man Technologies Management

Management criteria checks 0/4

Medicine Man Technologies' CEO is Forrest Hoffmaster, appointed in Jan 2023, has a tenure of 1.83 years. total yearly compensation is $1.21M, comprised of 23.9% salary and 76.1% bonuses, including company stock and options. directly owns 0.054% of the company’s shares, worth $4.75K. The average tenure of the management team and the board of directors is 1.8 years and 2.8 years respectively.

Key information

Forrest Hoffmaster

Chief executive officer

US$1.2m

Total compensation

CEO salary percentage23.9%
CEO tenure1.8yrs
CEO ownership0.05%
Management average tenure1.8yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Forrest Hoffmaster's remuneration changed compared to Medicine Man Technologies's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-US$68m

Mar 31 2024n/an/a

-US$61m

Dec 31 2023US$1mUS$290k

-US$43m

Compensation vs Market: Forrest's total compensation ($USD1.21M) is above average for companies of similar size in the US market ($USD650.80K).

Compensation vs Earnings: Insufficient data to compare Forrest's compensation with company performance.

CEO

Forrest Hoffmaster

1.8yrs

Tenure

US$1,210,504

Compensation

Mr. Forrest Hoffmaster serves as Chief Financial Officer at Medicine Man Technologies, Inc. since January 20, 2023 and serves as Interim Chief Executive Officer since February 23, 2024. He had been the Chi...

Leadership Team

NamePositionTenureCompensationOwnership
Forrest Hoffmaster
Interim CEO & CFO1.8yrsUS$1.21m0.054%
$ 4.8k
Daniel Pabon
Chief Policy & Regulatory Affairs Officer1.8yrsUS$418.04k0.013%
$ 1.1k
Christine Jones
Chief Legal Officer & Corporate Secretary1.8yrsno data0.017%
$ 1.5k
Dan Bonach
Vice President of Human Resourcesno datano datano data
Todd Williams
Executive Vice President of M&A and Real Estate1.8yrsno datano data
Christopher Driessen
Executive Vice President of Commercial Sales1.5yrsno datano data
Collin Lodge
President of Colorado Divisionno datano datano data
David Kaufman
Executive Vice President of Integrated Supply Chainno datano datano data
Ed Eissenstat
VP of Information Technology & C.I.Ono datano datano data
Rebecca Terry
Controllerno datano datano data

1.8yrs

Average Tenure

Experienced Management: SHWZ's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Kathy Vrabeck
Independent Directorless than a yearUS$17.02k0.16%
$ 14.0k
Jonathan Berger
Lead Independent Director2.9yrsUS$151.56k0.73%
$ 64.7k
Jeffrey Cozad
Independent Director3.7yrsUS$107.06k0.40%
$ 35.4k
Justin Dye
Non-Executive Chairman5.4yrsUS$550.60k2.52%
$ 222.6k
Bradley Stewart
Independent Director1.7yrsUS$84.28k0.27%
$ 23.7k
Marc Rubin
Independent Director2.1yrsUS$123.70k0.31%
$ 26.9k
Pratap Mukharji
Independent Director2.8yrsUS$105.00k0.44%
$ 38.9k
Paul Montalbano
Independent Director2.8yrsUS$105.00k0.40%
$ 35.3k

2.8yrs

Average Tenure

58yo

Average Age

Experienced Board: SHWZ's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.