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Lineage Grow

CNSX:BUDD
Snowflake Description

Imperfect balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BUDD
CNSX
CA$8M
Market Cap
  1. Home
  2. CA
  3. Household
Company description

Lineage Grow Company Ltd. develops cannabis cultivation facilities. The last earnings update was 16 days ago. More info.


Add to Portfolio Compare Print
BUDD Share Price and Events
7 Day Returns
0%
CNSX:BUDD
6.7%
CA Personal Products
2.6%
CA Market
1 Year Returns
-
CNSX:BUDD
87.5%
CA Personal Products
-0.3%
CA Market
BUDD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Lineage Grow (BUDD) 0% 0% -8.3% - - -
CA Personal Products 6.7% -8.4% 7.3% 87.5% 221.8% 83.2%
CA Market 2.6% -4.1% -4.1% -0.3% 53.3% 63.2%
1 Year Return vs Industry and Market
  • No trading data on BUDD.
  • No trading data on BUDD.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Lineage Grow 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 Lineage Grow. This is due to cash flow or dividend data being unavailable. The share price is CA$0.165.
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 Lineage Grow's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Lineage Grow's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:BUDD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-07-31) in CAD CA$-0.11
CNSX:BUDD Share Price ** CNSX (2018-08-10) in CAD CA$0.17
North America Personal Products Industry PE Ratio Median Figure of 19 Publicly-Listed Personal Products Companies 25.92x
Canada Market PE Ratio Median Figure of 553 Publicly-Listed Companies 14.86x

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

** Primary Listing of Lineage Grow.

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

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

= 0.17 ÷ -0.11

-1.45x

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

  • Lineage Grow is loss making, we can't compare its value to the North America Personal Products industry average.
  • Lineage Grow is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Lineage Grow's expected growth come at a high price?
Raw Data
CNSX:BUDD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.45x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
North America Personal Products Industry PEG Ratio Median Figure of 7 Publicly-Listed Personal Products Companies 2.5x
Canada Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.13x

*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 Lineage Grow, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Lineage Grow's assets?
Raw Data
CNSX:BUDD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-07-31) in CAD CA$0.02
CNSX:BUDD Share Price * CNSX (2018-08-10) in CAD CA$0.17
Canada Personal Products Industry PB Ratio Median Figure of 15 Publicly-Listed Personal Products Companies 4.92x
Canada Market PB Ratio Median Figure of 2,252 Publicly-Listed Companies 1.56x
CNSX:BUDD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.17 ÷ 0.02

7.31x

* Primary Listing of Lineage Grow.

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

  • Lineage Grow is overvalued based on assets compared to the CA Personal Products industry average.
X
Value checks
We assess Lineage Grow'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 Personal Products 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 Personal Products industry average (and greater than 0)? (1 check)
  5. Lineage Grow has a total score of 0/6, 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 Lineage Grow 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 Lineage Grow 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
17.7%
Expected Personal Products industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Lineage Grow expected to grow at an attractive rate?
  • Unable to compare Lineage Grow's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Lineage Grow's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Lineage Grow's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:BUDD Future Growth Rates Data Sources
Data Point Source Value (per year)
North America Personal Products Industry Earnings Growth Rate Market Cap Weighted Average 17.7%
Canada Personal Products Industry Revenue Growth Rate Market Cap Weighted Average 32.2%
Canada Market Earnings Growth Rate Market Cap Weighted Average 16.7%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*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:BUDD 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:BUDD Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-07-31 -2 -5
2018-04-30 -3 -4
2018-01-31 -0 -3
2017-10-31 -1 -1
2017-07-31 -1 -0
2017-04-30 -1 -0
2017-01-31 -0 -0
2016-10-31 0 -0
2016-07-31 -0 -0
2016-04-30 -0 -0
2016-01-31 -0 -0
2015-10-31 -0 -0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Lineage Grow is high growth as no earnings estimate data is available.
  • Unable to determine if Lineage Grow 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:BUDD 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 Lineage Grow Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:BUDD Past Financials Data
Date (Data in CAD Millions) EPS *
2018-07-31 -0.11
2018-04-30 -0.12
2018-01-31 -0.08
2017-10-31 -0.02
2017-07-31 -0.01
2017-04-30 -0.02
2017-01-31 -0.03
2016-10-31 -0.02
2016-07-31 -0.02
2016-04-30 -0.02
2016-01-31 -0.03
2015-10-31 -0.04

*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 Lineage Grow will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of BUDD’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Lineage Grow'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 Household companies here
  3. Lineage Grow'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 Lineage Grow'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 North America 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.
Lineage Grow 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 Lineage Grow 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 Lineage Grow's growth in the last year to its industry (Personal Products).
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.
  • Lineage Grow does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Lineage Grow's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Lineage Grow's 1-year growth to the North America Personal Products industry average as it is not currently profitable.
Earnings and Revenue History
Lineage Grow'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 Lineage Grow Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:BUDD Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-07-31 -4.83 2.33
2018-04-30 -4.44 1.72
2018-01-31 -2.59 1.23
2017-10-31 -0.68 0.73
2017-07-31 -0.33 0.49
2017-04-30 -0.35 0.34
2017-01-31 -0.27 0.26
2016-10-31 -0.15 0.10
2016-07-31 -0.20 0.15
2016-04-30 -0.20 0.17
2016-01-31 -0.24 0.23
2015-10-31 -0.33 0.39
2015-07-31 -0.37 0.43
2015-04-30 -0.46 0.50
2015-01-31 -0.47 0.49
2014-10-31 -0.33 0.30
2014-07-31 -0.27 0.25
2014-04-30 -0.18 0.21
2014-01-31 -0.10 0.22
2013-10-31 -0.65 0.84
2013-07-31 -1.12 1.31
2013-04-30 -1.56 1.74
2013-01-31 -1.68 2.02
2012-10-31 -2.22 2.00
2012-07-31 -2.05 1.83
2012-04-30 -1.94 1.73
2012-01-31 -2.16 1.68

*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 Lineage Grow has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Lineage Grow has efficiently used its assets last year compared to the North America Personal Products industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Lineage Grow 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 Lineage Grow'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 Personal Products 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.
Lineage Grow 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 Lineage Grow'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 Lineage Grow's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Lineage Grow is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Lineage Grow's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Lineage Grow'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.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 3.6x 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 Lineage Grow Company Filings, last reported 3 months ago.

CNSX:BUDD Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-07-31 1.25 1.09 1.42
2018-04-30 1.64 1.14 2.68
2018-01-31 0.19 2.17 4.35
2017-10-31 -0.13 2.13 2.53
2017-07-31 0.79 1.73 2.70
2017-04-30 0.35 0.71 1.13
2017-01-31 0.46 0.05 0.61
2016-10-31 -0.57 0.05 0.06
2016-07-31 -0.53 0.05 0.00
2016-04-30 -0.49 0.05 0.00
2016-01-31 -0.46 0.04 0.00
2015-10-31 -0.41 0.11 0.00
2015-07-31 -0.33 0.10 0.01
2015-04-30 -0.28 0.09 0.00
2015-01-31 -0.21 0.11 0.05
2014-10-31 -0.10 0.21 0.13
2014-07-31 0.02 0.15 0.21
2014-04-30 -0.45 0.00 0.00
2014-01-31 -0.38 0.00 0.00
2013-10-31 -0.39 0.00 0.02
2013-07-31 -0.33 0.00 0.03
2013-04-30 -0.26 0.00 0.06
2013-01-31 -0.52 0.01 0.02
2012-10-31 -0.06 0.18 0.31
2012-07-31 0.44 0.14 0.72
2012-04-30 0.90 0.10 1.01
2012-01-31 0.75 0.00 1.23
  • Lineage Grow's level of debt (87.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 87.5% today).
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.

  • Lineage Grow has less than a year of cash runway based on current free cash flow.
  • Unable to confirm if Lineage Grow has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Lineage Grow'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. Lineage Grow has a total score of 2/6, 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 Lineage Grow'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 Lineage Grow dividends.
If you bought CA$2,000 of Lineage Grow 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 Lineage Grow's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Lineage Grow'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:BUDD 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 Personal Products Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 1.7%
Canada Market Average Dividend Yield Market Cap Weighted Average of 328 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 6%

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 Lineage Grow has not reported any payouts.
  • Unable to verify if Lineage Grow's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Lineage Grow's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Lineage Grow 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 Lineage Grow's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - 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 Lineage Grow afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Lineage Grow 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 Lineage Grow'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
Peter Bilodeau
COMPENSATION CA$0
TENURE AS CEO 0.6 years
CEO Bio

Mr. Peter O. Bilodeau is President and Director at Quinsam Capital Corp. since December 27, 2017. Mr. Bilodeau has been Chief Executive Officer of Lineage Grow Company Ltd. and has been its President since April 16, 2018. He was a consultant to Quinsam following the acquisition of High Standard Royalty Corp. Mr. Bilodeau has over 35 years of experience in the business world. He has an extensive background in corporate finance, management, financial consulting and real estate. He serves as the President of Energex Petroleum Inc. and FMI Capital Advisory Inc. His business prowess is frequently called upon through his consulting business. He served as the Interim Chief Executive Officer of Lineage Grow Company Ltd. since April 16, 2018. He served as the Chief Executive Officer and President of Lineage Grow Company Ltd. (Formerly, Lakeside Minerals Inc.) from October 01, 2015 to April 24, 2017. He served as the Chief Executive Officer of Onco Petroleum Inc. since October 2008. Mr. Bilodeau served as the President and Chief Executive Officer of EBSI Group. He served as Chief Executive Officer at Energex Petroleum Inc. Prior to launching his entrepreneurial career, he served for one of Canada's major chartered banks quickly advancing to the senior management ranks in Commercial Banking with tours of duty in Executive Office, Regional Office and various Commercial Banking Centres in Northern and Southwestern Ontario. He was real estate appraiser. He served as Chairman of Onco Petroleum Inc. since October 2008 and its Director since September 2008. He serves as the Director at Energex Petroleum Inc. He serves as Member of the Board of Directors of several companies in the automotive, retail and financial services sectors. He has been a Director of Lineage Grow Company Ltd. since October 2013. Mr. Bilodeau is Fellow of the Institute of Canadian Bankers. He holds an MBA from Dalhousie University.

CEO Compensation
  • Peter's compensation has been consistent with company performance over the past year.
  • Peter's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Lineage Grow management team in years:

0.8
Average Tenure
  • The average tenure for the Lineage Grow management team is less than 2 years, this suggests a new team.
Management Team

Peter Bilodeau

TITLE
CEO, President & Director
TENURE
0.6 yrs

Keith Li

TITLE
Chief Financial Officer
COMPENSATION
CA$35K
TENURE
0.9 yrs

Adam Szweras

TITLE
Corporate Secretary
AGE
46
TENURE
7.8 yrs

Steve Peterson

TITLE
Vice President of Retail
TENURE
0.3 yrs
Board of Directors Tenure

Average tenure of the Lineage Grow board of directors in years:

1.9
Average Tenure
  • The average tenure for the Lineage Grow board of directors is less than 3 years, this suggests a new board.
Board of Directors

Aurelio Useche

TITLE
Chairman of the Board
AGE
50
TENURE
0.6 yrs

Peter Bilodeau

TITLE
CEO, President & Director
TENURE
5.1 yrs

Hamish Sutherland

TITLE
Director
TENURE
1.9 yrs

Robert Schwartz

TITLE
Director
TENURE
1.9 yrs

David Posner

TITLE
Director
AGE
44
TENURE
1.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Lineage Grow'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. Lineage Grow 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

External News
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Simply Wall St News

Company Info

Map
Description

Lineage Grow Company Ltd. develops cannabis cultivation facilities. It also manufactures and distributes cannabis; and assists state-licensed operators engaged in the cultivation, manufacturing, and distribution of cannabis in the United States. The company was formerly known as Lakeside Minerals Inc. and changed its name to Lineage Grow Company Ltd. in July 2017. Lineage Grow Company Ltd. is based in Toronto, Canada.

Details
Name: Lineage Grow Company Ltd.
BUDD
Exchange: CNSX
Founded:
CA$7,554,817
45,786,774
Website: http://www.lineagegrow.com
Address: Lineage Grow Company Ltd.
77 King Street West,
Suite 2905,
Toronto,
Ontario, M5K 1H1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX BUDD New Common Stock Canadian National Stock Exchange CA CAD 05. Mar 2018
Number of employees
Current staff
Staff numbers
0
Lineage Grow employees.
Industry
Personal Products
Household
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2018/11/07 21:42
End of day share price update: 2018/08/10 00:00
Last earnings filing: 2018/10/22
Last earnings reported: 2018/07/31
Last annual earnings reported: 2018/01/31


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.