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Ventura Cannabis and Wellness

CNSX:VCAN
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
VCAN
CNSX
CA$11M
Market Cap
  1. Home
  2. CA
  3. Healthcare
Company description

Ventura Cannabis and Wellness Corp. operates as a vertically integrated, California-based cannabis product company. The last earnings update was 46 days ago. More info.


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VCAN Share Price and Events
7 Day Returns
8.9%
CNSX:VCAN
0.7%
CA Healthcare
0.7%
CA Market
1 Year Returns
-36.1%
CNSX:VCAN
-3.1%
CA Healthcare
-0.5%
CA Market
VCAN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ventura Cannabis and Wellness (VCAN) 8.9% -7.6% -44.5% -36.1% -66.8% -
CA Healthcare 0.7% -2.2% -10.3% -3.1% -15.7% 15%
CA Market 0.7% 2.1% 1.2% -0.5% 8% 0.7%
1 Year Return vs Industry and Market
  • VCAN underperformed the Healthcare industry which returned -3.1% over the past year.
  • VCAN underperformed the Market in Canada which returned -0.5% over the past year.
Price Volatility
VCAN
Industry
5yr Volatility vs Market

Value

 Is Ventura Cannabis and Wellness undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Ventura Cannabis and Wellness. This is due to cash flow or dividend data being unavailable. The share price is CA$0.305.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ventura Cannabis and Wellness's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ventura Cannabis and Wellness's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:VCAN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-05-31) in CAD CA$-0.11
CNSX:VCAN Share Price ** CNSX (2019-09-13) in CAD CA$0.31
Canada Healthcare Industry PE Ratio Median Figure of 6 Publicly-Listed Healthcare Companies 54.72x
Canada Market PE Ratio Median Figure of 539 Publicly-Listed Companies 14.18x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ventura Cannabis and Wellness.

CNSX:VCAN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= CNSX:VCAN Share Price ÷ EPS (both in CAD)

= 0.31 ÷ -0.11

-2.78x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ventura Cannabis and Wellness is loss making, we can't compare its value to the CA Healthcare industry average.
  • Ventura Cannabis and Wellness is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Ventura Cannabis and Wellness's expected growth come at a high price?
Raw Data
CNSX:VCAN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.78x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
North America Healthcare Industry PEG Ratio Median Figure of 48 Publicly-Listed Healthcare Companies 1.71x
Canada Market PEG Ratio Median Figure of 247 Publicly-Listed Companies 0.93x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Ventura Cannabis and Wellness, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ventura Cannabis and Wellness's assets?
Raw Data
CNSX:VCAN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-05-31) in CAD CA$0.25
CNSX:VCAN Share Price * CNSX (2019-09-13) in CAD CA$0.31
Canada Healthcare Industry PB Ratio Median Figure of 23 Publicly-Listed Healthcare Companies 2.28x
Canada Market PB Ratio Median Figure of 2,453 Publicly-Listed Companies 1.45x
CNSX:VCAN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CNSX:VCAN Share Price ÷ Book Value per Share (both in CAD)

= 0.31 ÷ 0.25

1.22x

* Primary Listing of Ventura Cannabis and Wellness.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ventura Cannabis and Wellness is good value based on assets compared to the CA Healthcare industry average.
X
Value checks
We assess Ventura Cannabis and Wellness's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Healthcare industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Healthcare industry average (and greater than 0)? (1 check)
  5. Ventura Cannabis and Wellness has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Ventura Cannabis and Wellness expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ventura Cannabis and Wellness has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
37.9%
Expected Healthcare industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ventura Cannabis and Wellness expected to grow at an attractive rate?
  • Unable to compare Ventura Cannabis and Wellness's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Ventura Cannabis and Wellness's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Ventura Cannabis and Wellness's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:VCAN Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Healthcare Industry Earnings Growth Rate Market Cap Weighted Average 37.9%
Canada Healthcare Industry Revenue Growth Rate Market Cap Weighted Average 17.8%
Canada Market Earnings Growth Rate Market Cap Weighted Average 12.3%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
CNSX:VCAN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
CNSX:VCAN Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-05-31 29 -2 -4
2019-02-28 32 0 -4
2018-11-30 26 10 -4
2018-08-31 27 7 -4
2018-05-31 29 8 -4
2018-02-28 29 3 -3
2017-11-30 25 -7 -22
2017-08-31 24 -9 -23
2017-05-31 22 -10 -26
2017-02-28 21 -11 -30
2016-11-30 22 -12 -10
2016-08-31 23 -8 -8

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Ventura Cannabis and Wellness is high growth as no earnings estimate data is available.
  • Unable to determine if Ventura Cannabis and Wellness is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
CNSX:VCAN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Ventura Cannabis and Wellness Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:VCAN Past Financials Data
Date (Data in CAD Millions) EPS *
2019-05-31 -0.11
2019-02-28 -0.11
2018-11-30 -0.12
2018-08-31 -0.13
2018-05-31 -0.13
2018-02-28 -0.10
2017-11-30 -0.69
2017-08-31 -0.68
2017-05-31 -0.81
2017-02-28 -0.94
2016-11-30 -0.37
2016-08-31 -0.34

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Ventura Cannabis and Wellness will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Ventura Cannabis and Wellness's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Ventura Cannabis and Wellness's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Healthcare companies here
  3. Ventura Cannabis and Wellness's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Ventura Cannabis and Wellness's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ventura Cannabis and Wellness has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Ventura Cannabis and Wellness performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ventura Cannabis and Wellness's growth in the last year to its industry (Healthcare).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ventura Cannabis and Wellness does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Ventura Cannabis and Wellness's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Ventura Cannabis and Wellness's 1-year growth to the North America Healthcare industry average as it is not currently profitable.
Earnings and Revenue History
Ventura Cannabis and Wellness's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ventura Cannabis and Wellness Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:VCAN Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-05-31 29.16 -3.94 8.17
2019-02-28 32.02 -3.89 8.63
2018-11-30 25.54 -3.87 3.44
2018-08-31 26.52 -3.97 3.94
2018-05-31 29.06 -4.01 6.53
2018-02-28 29.10 -3.18 7.29
2017-11-30 25.26 -21.95 14.50
2017-08-31 24.22 -22.99 17.69
2017-05-31 22.32 -25.50 21.03
2017-02-28 21.35 -29.52 24.10
2016-11-30 21.92 -9.97 18.78
2016-08-31 23.11 -8.20 18.54
2016-05-31 22.21 -6.08 15.75
2016-02-29 18.18 -2.11 11.87
2015-08-31 9.54 -1.32 7.22
2015-05-31 4.21 -1.78 4.30
2015-02-28 1.98 -2.02 2.94
2014-11-30 0.78 -1.88 2.32
2013-11-30 -0.12 0.12

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Ventura Cannabis and Wellness has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Ventura Cannabis and Wellness has efficiently used its assets last year compared to the CA Healthcare industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Ventura Cannabis and Wellness improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Ventura Cannabis and Wellness's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Healthcare industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ventura Cannabis and Wellness has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Ventura Cannabis and Wellness's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ventura Cannabis and Wellness's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ventura Cannabis and Wellness is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ventura Cannabis and Wellness's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ventura Cannabis and Wellness's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are -1.3363305994315E+16x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ventura Cannabis and Wellness Company Filings, last reported 3 months ago.

CNSX:VCAN Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-05-31 8.91 0.00 3.57
2019-02-28 9.36 0.00 5.04
2018-11-30 11.78 0.00 7.93
2018-08-31 12.00 0.00 7.26
2018-05-31 11.87 0.00 6.11
2018-02-28 11.04 0.00 5.61
2017-11-30 16.50 0.00 3.84
2017-08-31 14.79 0.00 6.05
2017-05-31 15.82 0.00 6.09
2017-02-28 16.14 0.00 8.98
2016-11-30 35.55 0.00 8.19
2016-08-31 35.21 0.00 11.63
2016-05-31 37.03 0.00 12.11
2016-02-29 41.92 0.00 19.79
2015-08-31 40.68 0.00 24.62
2015-05-31 31.61 0.00 30.63
2015-02-28 6.10 0.00 5.40
2014-11-30 2.33 0.00 1.84
2013-11-30 0.97 0.00 1.05
  • Ventura Cannabis and Wellness's level of debt (0%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Ventura Cannabis and Wellness's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Ventura Cannabis and Wellness has sufficient cash runway for 2 years based on current free cash flow.
  • Ventura Cannabis and Wellness has less than a year of cash runway if free cash flow continues to reduce at historical rates of -91.7% each year.
X
Financial health checks
We assess Ventura Cannabis and Wellness's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ventura Cannabis and Wellness has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Ventura Cannabis and Wellness's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Ventura Cannabis and Wellness dividends.
If you bought CA$2,000 of Ventura Cannabis and Wellness shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Ventura Cannabis and Wellness's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ventura Cannabis and Wellness's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
CNSX:VCAN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
North America Healthcare Industry Average Dividend Yield Market Cap Weighted Average of 25 Stocks 1.6%
Canada Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Ventura Cannabis and Wellness has not reported any payouts.
  • Unable to verify if Ventura Cannabis and Wellness's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ventura Cannabis and Wellness's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ventura Cannabis and Wellness has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Ventura Cannabis and Wellness's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ventura Cannabis and Wellness afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ventura Cannabis and Wellness has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Ventura Cannabis and Wellness's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Chris Heath
COMPENSATION CA$470,265
TENURE AS CEO 0.3 years
CEO Bio

Mr. Christopher Heath, also known as Chris, has been President & CEO of Ventura Cannabis and Wellness Corp. since May 2019. Mr. Heath has been Executive Director at Ventura Cannabis and Wellness Corp. (formerly known as, BLVD Centers Corporation, Convalo Health International, Corp.) since March 6, 2017 and was its Chief Executive Officer from March 2017 to January 11, 2019. Mr. Heath served as an Executive Vice President of Sales and Marketing at Ventura Cannabis and Wellness Corp. since December 12, 2016. Mr. Heath served as a Director of Marketing at Ventura Cannabis and Wellness Corp. He served as the Marketing Manager with a company serving the healthcare industry. Mr. Heath has been with Ventura Cannabis and Wellness Corp. since 2015.

CEO Compensation
  • Insufficient data for Chris to compare compensation growth.
  • Chris's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Ventura Cannabis and Wellness management team in years:

0.7
Average Tenure
  • The average tenure for the Ventura Cannabis and Wellness management team is less than 2 years, this suggests a new team.
Management Team

Chris Heath

TITLE
President
COMPENSATION
CA$470K
TENURE
0.3 yrs

Jacob Gamble

TITLE
CEO & Executive Director
TENURE
0.7 yrs

Andrew Cross

TITLE
Chief Financial Officer
TENURE
0.7 yrs

Pablo Mendez

TITLE
VP of Accounting
COMPENSATION
CA$19K
AGE
50
TENURE
1.7 yrs

Robbie Grossman

TITLE
Corporate Secretary
AGE
45
Board of Directors Tenure

Average tenure of the Ventura Cannabis and Wellness board of directors in years:

0.9
Average Tenure
  • The average tenure for the Ventura Cannabis and Wellness board of directors is less than 3 years, this suggests a new board.
Board of Directors

Chris Heath

TITLE
President
COMPENSATION
CA$470K
TENURE
2.5 yrs

Jacob Gamble

TITLE
CEO & Executive Director
TENURE
0.7 yrs

Michael Hynes

TITLE
Non-Executive Director
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Ventura Cannabis and Wellness individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
20. Aug 19 Buy Andrew Cross Individual 20. Aug 19 20. Aug 19 55,000 CA$0.35 CA$19,250
13. Jun 19 Buy Jacob Gamble Individual 13. Jun 19 13. Jun 19 12,000 CA$0.55 CA$6,573
28. May 19 Buy Jacob Gamble Individual 28. May 19 28. May 19 10,000 CA$0.72 CA$7,208
21. May 19 Buy Christopher Heath Individual 17. May 19 17. May 19 27,500 CA$0.76 CA$20,825
03. May 19 Buy Jacob Gamble Individual 14. Jan 19 11. Apr 19 353,407 CA$4.87 CA$492,961
X
Management checks
We assess Ventura Cannabis and Wellness's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ventura Cannabis and Wellness has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Did You Manage To Avoid Ventura Cannabis and Wellness's (CNSX:VCAN) Painful 68% Share Price Drop?

Over three years, Ventura Cannabis and Wellness grew revenue at 12% per year. … A Different Perspective Ventura Cannabis and Wellness shareholders are down 33% for the year, but the broader market is up 0.5%. … Ventura Cannabis and Wellness is not the only stock that insiders are buying.

Simply Wall St -

We Think Ventura Cannabis and Wellness (CNSX:VCAN) Has Us A Very Heavy Debt Load

The latest balance sheet data shows that Ventura Cannabis and Wellness had liabilities of CA$7.58m due within a year, and liabilities of CA$3.97m falling due after that. … This short term liquidity is a sign that Ventura Cannabis and Wellness could probably pay off its debt with ease, as its balance sheet is far from stretched. … Ventura Cannabis and Wellness boasts net cash, so it's fair to say it does not have a heavy debt load!

Simply Wall St -

If You Had Bought Ventura Cannabis and Wellness (CNSX:VCAN) Stock Three Years Ago, You'd Be Sitting On A 65% Loss, Today

Because Ventura Cannabis and Wellness is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. … Over three years, Ventura Cannabis and Wellness grew revenue at 13% per year. … To be frank we're surprised to see revenue growth and share price growth diverge so strongly.

Simply Wall St -

Company Info

Description

Ventura Cannabis and Wellness Corp. operates as a vertically integrated, California-based cannabis product company. The company was formerly known as BLVD Centers Corporation and changed its name to Ventura Cannabis and Wellness Corp. in February 2019. Ventura Cannabis and Wellness Corp. was incorporated in 2013 and is headquartered in Los Angeles, California.

Details
Name: Ventura Cannabis and Wellness Corp.
VCAN
Exchange: CNSX
Founded: 2013
CA$10,994,894
36,048,836
Website: http://www.venturacanna.com
Address: Ventura Cannabis and Wellness Corp.
800 West 6th Street,
Suite 1415,
Los Angeles,
California, 90017,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX VCAN Common Shares Canadian National Stock Exchange CA CAD 13. Feb 2015
DB VML0 Common Shares Deutsche Boerse AG DE EUR 13. Feb 2015
Number of employees
Current staff
Staff numbers
0
Ventura Cannabis and Wellness employees.
Industry
Health Care Facilities
Healthcare
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/14 00:50
End of day share price update: 2019/09/13 00:00
Last earnings filing: 2019/07/30
Last earnings reported: 2019/05/31
Last annual earnings reported: 2019/02/28


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.