Medicine Man Technologies Management
Management criteria checks 0/4
We currently do not have sufficient information about the CEO.
Key information
Forrest Hoffmaster
Chief executive officer
US$1.2m
Total compensation
| CEO salary percentage | 23.9% |
| CEO tenure | 2yrs |
| CEO ownership | 0.05% |
| Management average tenure | 1.9yrs |
| Board average tenure | 2.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -US$68m |
| Mar 31 2024 | n/a | n/a | -US$61m |
| Dec 31 2023 | US$1m | US$290k | -US$43m |
Compensation vs Market: Forrest's total compensation ($USD1.21M) is above average for companies of similar size in the US market ($USD649.25K).
Compensation vs Earnings: Insufficient data to compare Forrest's compensation with company performance.
CEO
Forrest Hoffmaster
2yrs
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 its Chief Executive Officer since December 9, 2024. Mr. Hoffmaster served as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & CFO | 2yrs | US$1.21m | 0.054% $ 864.1 | |
| Chief Policy & Regulatory Affairs Officer | 1.9yrs | US$418.04k | 0.013% $ 203.1 | |
| Chief Legal Officer & Corporate Secretary | 1.9yrs | no data | 0.017% $ 267.2 | |
| Vice President of Human Resources | no data | no data | no data | |
| Executive Vice President of M&A and Real Estate | 2yrs | no data | no data | |
| Executive Vice President of Commercial Sales | 1.7yrs | no data | no data | |
| President of Colorado Division | no data | no data | no data | |
| Executive Vice President of Integrated Supply Chain | no data | no data | no data | |
| VP of Information Technology & C.I.O | no data | no data | no data | |
| Controller | no data | no data | no data |
1.9yrs
Average Tenure
Experienced Management: SHWZ's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 1.2yrs | US$17.02k | 0.16% $ 2.5k | |
| Lead Independent Director | 3.1yrs | US$151.56k | 0.73% $ 11.8k | |
| Independent Director | 3.8yrs | US$107.06k | 0.40% $ 6.4k | |
| Non-Executive Chairman | 5.6yrs | US$550.60k | 2.52% $ 40.5k | |
| Independent Director | 1.8yrs | US$84.28k | 0.27% $ 4.3k | |
| Independent Director | 2.3yrs | US$123.70k | 0.31% $ 4.9k | |
| Independent Director | 2.9yrs | US$105.00k | 0.44% $ 7.1k | |
| Independent Director | 2.9yrs | US$105.00k | 0.40% $ 6.4k |
2.9yrs
Average Tenure
58yo
Average Age
Experienced Board: SHWZ's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 02:05 |
| End of Day Share Price | 2025/01/02 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.
| 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 |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Medicine Man Technologies, Inc. is covered by 4 analysts. 2 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 |
|---|---|
| Russell Stanley | Beacon Securities Limited |
| Michael Hickey | Benchmark Company |
| Jonathan DeCourcey | BTIG |