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CordovaCann

CNSX:CDVA
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CDVA
CNSX
CA$7M
Market Cap
  1. Home
  2. CA
  3. Pharmaceuticals & Biotech
Company description

CordovaCann Corp., a cannabis-focused consumer products company, primarily provides services and investment capital to the processing and production vertical markets of the cannabis industry. The last earnings update was 114 days ago. More info.


Add to Portfolio Compare Print
  • CordovaCann has significant price volatility in the past 3 months.
CDVA Share Price and Events
7 Day Returns
-8%
CNSX:CDVA
-0.2%
CA Pharmaceuticals
1.2%
CA Market
1 Year Returns
-82.3%
CNSX:CDVA
-45.8%
CA Pharmaceuticals
-0.4%
CA Market
CDVA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
CordovaCann (CDVA) -8% -34.3% -61.7% -82.3% - -
CA Pharmaceuticals -0.2% -1.8% -21.5% -45.8% 251% 334.4%
CA Market 1.2% 3.3% 0.8% -0.4% 7.4% 4.5%
1 Year Return vs Industry and Market
  • CDVA underperformed the Pharmaceuticals industry which returned -45.8% over the past year.
  • CDVA underperformed the Market in Canada which returned -0.4% over the past year.
Price Volatility
CDVA
Industry
5yr Volatility vs Market

CDVA Value

 Is CordovaCann 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 CordovaCann. This is due to cash flow or dividend data being unavailable. The share price is CA$0.23.
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 CordovaCann's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are CordovaCann's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CNSX:CDVA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in CAD CA$-0.12
CNSX:CDVA Share Price ** CNSX (2019-09-19) in CAD CA$0.23
Canada Pharmaceuticals Industry PE Ratio Median Figure of 13 Publicly-Listed Pharmaceuticals Companies 18.72x
Canada Market PE Ratio Median Figure of 540 Publicly-Listed Companies 14.11x

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

** Primary Listing of CordovaCann.

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

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

= 0.23 ÷ -0.12

-1.97x

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

  • CordovaCann is loss making, we can't compare its value to the CA Pharmaceuticals industry average.
  • CordovaCann is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does CordovaCann's expected growth come at a high price?
Raw Data
CNSX:CDVA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.97x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Pharmaceuticals Industry PEG Ratio Median Figure of 7 Publicly-Listed Pharmaceuticals Companies 1.57x
Canada Market PEG Ratio Median Figure of 246 Publicly-Listed Companies 0.95x

*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 CordovaCann, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on CordovaCann's assets?
Raw Data
CNSX:CDVA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in CAD CA$0.05
CNSX:CDVA Share Price * CNSX (2019-09-19) in CAD CA$0.23
Canada Pharmaceuticals Industry PB Ratio Median Figure of 151 Publicly-Listed Pharmaceuticals Companies 2.32x
Canada Market PB Ratio Median Figure of 2,454 Publicly-Listed Companies 1.44x
CNSX:CDVA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 0.23 ÷ 0.05

5.08x

* Primary Listing of CordovaCann.

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

  • CordovaCann is overvalued based on assets compared to the CA Pharmaceuticals industry average.
X
Value checks
We assess CordovaCann'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 Pharmaceuticals 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 Pharmaceuticals industry average (and greater than 0)? (1 check)
  5. CordovaCann 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.

CDVA Future Performance

 How is CordovaCann 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 CordovaCann 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
110.6%
Expected Pharmaceuticals industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is CordovaCann expected to grow at an attractive rate?
  • Unable to compare CordovaCann's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare CordovaCann's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare CordovaCann's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CNSX:CDVA Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Pharmaceuticals Industry Earnings Growth Rate Market Cap Weighted Average 110.6%
Canada Pharmaceuticals Industry Revenue Growth Rate Market Cap Weighted Average 58.6%
Canada Market Earnings Growth Rate Market Cap Weighted Average 12.8%
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:CDVA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 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:CDVA Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-03-31 -2 -5
2018-12-31 -2 -7
2018-09-30 -2 -6
2018-06-30 -1 -5
2018-03-31 0 -4
2017-12-31 0 0
2017-09-30 0 0
2017-06-30 0 0
2017-03-31 0 0
2016-12-31 0 0
2016-09-30 0 0
2016-06-30 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if CordovaCann is high growth as no earnings estimate data is available.
  • Unable to determine if CordovaCann 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:CDVA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from CordovaCann Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:CDVA Past Financials Data
Date (Data in CAD Millions) EPS *
2019-03-31 -0.12
2018-12-31 -0.18
2018-09-30 -0.16
2018-06-30 -0.15
2018-03-31 -0.14
2017-12-31 -0.02
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00

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

Next steps:

  1. Examine CordovaCann'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. CordovaCann'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 Pharmaceuticals & Biotech companies here
  3. CordovaCann'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 CordovaCann'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.
CordovaCann 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.

CDVA Past Performance

  How has CordovaCann 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 CordovaCann's growth in the last year to its industry (Pharmaceuticals).
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.
  • CordovaCann does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare CordovaCann's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare CordovaCann's 1-year growth to the CA Pharmaceuticals industry average as it is not currently profitable.
Earnings and Revenue History
CordovaCann'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 CordovaCann Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CNSX:CDVA Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 -4.63 4.57
2018-12-31 -6.89 6.83
2018-09-30 -5.80 5.62
2018-06-30 -4.87 4.78
2018-03-31 -3.98 3.85
2017-12-31 -0.47 0.40
2017-09-30 -0.09 0.01
2017-06-30 -0.09 0.01
2017-03-31 -0.06 -0.01
2016-12-31 -0.06 0.00
2016-09-30 -0.06 0.00
2016-06-30 -0.07 0.01
2016-03-31 -0.11 0.04
2015-12-31 -0.10 0.10
2015-09-30 -0.10 0.10
2015-06-30 -0.11 0.10
2015-03-31 -0.10 0.10
2014-12-31 -0.11 0.04
2014-09-30 -0.11 0.05
2014-06-30 -0.13 0.06
2014-03-31 -0.09 0.15
2013-12-31 -0.02 0.07
2013-09-30 -0.04 0.09
2013-06-30 -0.02 0.08
2013-03-31 -0.09 0.04
2012-12-31 -0.17 0.14
2012-09-30 -0.17 0.13

*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 CordovaCann has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if CordovaCann has efficiently used its assets last year compared to the CA Pharmaceuticals industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if CordovaCann 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 CordovaCann'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 Pharmaceuticals 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.
CordovaCann 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.

CDVA Health

 How is CordovaCann'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 CordovaCann's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • CordovaCann is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • CordovaCann's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of CordovaCann'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 3.1x 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 CordovaCann Company Filings, last reported 5 months ago.

CNSX:CDVA Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 1.81 0.72 0.15
2018-12-31 2.70 0.00 0.18
2018-09-30 3.59 0.00 1.38
2018-06-30 4.56 0.00 3.25
2018-03-31 0.59 0.00 0.66
2017-12-31 0.01 0.00 0.14
2017-09-30 -0.65 0.43
2017-06-30 -0.63 0.37
2017-03-31 -0.60 0.37
2016-12-31 -0.58 0.37
2016-09-30 -0.56 0.37
2016-06-30 -0.54 0.37
2016-03-31 -0.54 0.37
2015-12-31 -0.52 0.37
2015-09-30 -0.50 0.37
2015-06-30 -0.46 0.37
2015-03-31 -0.43 0.37
2014-12-31 -0.41 0.37 0.00
2014-09-30 -0.39 0.33 0.00
2014-06-30 -0.36 0.23 0.00
2014-03-31 -0.33 0.23 0.00
2013-12-31 -0.31 0.22 0.00
2013-09-30 -0.28 0.22 0.00
2013-06-30 -0.23 0.21 0.00
2013-03-31 -0.23 0.20 0.01
2012-12-31 -0.29 0.18 0.02
2012-09-30 -0.23 0.13 0.03
  • CordovaCann's level of debt (39.6%) compared to net worth is satisfactory (less than 40%).
  • CordovaCann had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
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.

  • CordovaCann has less than a year of cash runway based on current free cash flow.
  • CordovaCann has less than a year of cash runway if free cash flow continues to grow at historical rates of 126% each year.
X
Financial health checks
We assess CordovaCann'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. CordovaCann 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.

CDVA Dividends

 What is CordovaCann'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 CordovaCann dividends.
If you bought CA$2,000 of CordovaCann 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 CordovaCann's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate CordovaCann'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:CDVA 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 Pharmaceuticals Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 2.8%
Canada Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 3.5%
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 CordovaCann has not reported any payouts.
  • Unable to verify if CordovaCann's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of CordovaCann's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as CordovaCann 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 CordovaCann'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 CordovaCann afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. CordovaCann 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.

CDVA Management

 What is the CEO of CordovaCann'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
Taz Turner
COMPENSATION CA$399,593
AGE 41
TENURE AS CEO 2 years
CEO Bio

Mr. Thomas M. Turner, also known as Taz, has been Chief Executive Officer at CordovaCann Corp. since September 22, 2017 and has been its Chairman since May 17, 2018 and Director since November 22, 2017. Mr. Turner is responsible of advancing the CordovaCann's initiative into the processing and production verticals of the cannabis sector. Mr. Turner seeks to differentiate LiveReel from other issuers listed in Canada by employing a multi-jurisdictional strategy to acquire and consolidate a number of medicinal and recreational processing licenses under one umbrella vehicle. He Founded Southshore Capital Partners, LP in 2009, Mr. Turner has guided the growth of Southshore's fundamentally-driven long/short global equity hedge fund as General Partner. Mr. Turner has over 15 years of experience in the capital markets focused on both debt and equity securities in the technology, media, telecom and consumer industries. Mr. Turner held progressive positions at hedge funds and private equity funds with Tala Investments, Trafelet Delta Funds and ABS Capital Partners, where he specialized in technology, media and telecom investments. Mr. Turner graduated from the University of Virginia with a Bachelor of Science in both Commerce and Mathematics.

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

Average tenure and age of the CordovaCann management team in years:

2
Average Tenure
41
Average Age
  • The tenure for the CordovaCann management team is about average.
Management Team

Taz Turner

TITLE
Chairman & CEO
COMPENSATION
CA$400K
AGE
41
TENURE
2 yrs

Ashish Kapoor

TITLE
CFO, Secretary & Director
COMPENSATION
CA$358K
AGE
41
TENURE
4.5 yrs

Nathan Nienhuis

TITLE
COO & Director
COMPENSATION
CA$2M
AGE
39
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the CordovaCann board of directors in years:

1.8
Average Tenure
41
Average Age
  • The average tenure for the CordovaCann board of directors is less than 3 years, this suggests a new board.
Board of Directors

Taz Turner

TITLE
Chairman & CEO
COMPENSATION
CA$400K
AGE
41
TENURE
1.3 yrs

Ashish Kapoor

TITLE
CFO, Secretary & Director
COMPENSATION
CA$358K
AGE
41
TENURE
4.5 yrs

Nathan Nienhuis

TITLE
COO & Director
COMPENSATION
CA$2M
AGE
39
TENURE
1.8 yrs

Henry Kloepper

TITLE
Director
COMPENSATION
CA$27K
AGE
70
TENURE
4.5 yrs

Eric Lowy

TITLE
Director
COMPENSATION
CA$27K
AGE
50
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by CordovaCann individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
16. Sep 19 Buy Ashish Kapoor Individual 20. Dec 18 25. Jun 19 102,334 CA$0.93 CA$84,373
X
Management checks
We assess CordovaCann'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. CordovaCann 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.

CDVA News

Simply Wall St News

CDVA Company Info

Description

CordovaCann Corp., a cannabis-focused consumer products company, primarily provides services and investment capital to the processing and production vertical markets of the cannabis industry. The company was formerly known as LiveReel Media Corporation and changed its name to CordovaCann Corp. in January 2018. CordovaCann Corp. was founded in 1997 and is based in Toronto, Canada.

Details
Name: CordovaCann Corp.
CDVA
Exchange: CNSX
Founded: 1997
CA$7,178,376
40,786,228
Website: http://www.cordovacann.com
Address: CordovaCann Corp.
8 King Street East,
Suite 1010,
Toronto,
Ontario, M5C 1B5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CNSX CDVA Common Shares Canadian National Stock Exchange CA CAD 27. May 2005
Number of employees
Current staff
Staff numbers
0
CordovaCann employees.
Industry
Pharmaceuticals
Pharmaceuticals & Biotech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/09/20 01:35
End of day share price update: 2019/09/19 00:00
Last earnings filing: 2019/05/29
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/06/30


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.