Read the Almost Daily Cannabis Compensation Update

Cannabis Compensation Consulting

While many refer to the “cannabis industry” it is, in fact, not an industry but a sector.  The wide range of business activities relating to cannabis span many SIC codes (created in 1937, the year of the Marihuana Tax Act), NAICS codes and GICS codes.

For example, if you viewed the list of cannabis companies that are publicly-traded in the US, you would find that the antiquated SIC coding systems places these companies in industries including agricultural products, cigarettes, household furniture, malt beverages, medicinal chemicals and botanicals, miscellaneous plastic products, pharmaceutical preparations, retail – building materials and hardware, retail – miscellaneous, services – computer processing and data, wholesale durable goods, and real estate. Each of those companies do some or all of those things.

Understanding compensation strategy in cannabis companies requires understanding where in the chain the company is operating and how many distinct sets of industry compensation practices and cultures are represented under one corporate entity. Or, in the case of many cannabis companies, multiple corporate entities.  In multiple countries.

So, beware.  If a firm tells you they are expert in compensation in the “cannabis industry” you might ask “which parts” of the sector?

Visit the Clients section of this site and you will see that CVG, and Cannabis Compensation Consultants, has decades of experience in each of the many sub-industries of the cannabis sector and with clients that straddle more than one narrow industry definition in a vertically integrated business.

CVG maintains the only comprehensive database of executive compensation practices in the cannabis sector, including CEO and CFO pay levels and mix, and a map of executive talent coming to and leaving from the cannabis sector – helping to identify true talent competitors – and the peer groups of those source and destination executives’ companies.

Cannabis Professional Resources

We have affiliations with professionals with extensive expertise in the cannabis industry:

Professional Affiliations

We are active investors, content contributors, and advisors in the cannabis sector and are members of:


Our firm walks the talk and holds  investments in both publicly-held and privately-owned cannabis companies including:

No Conflicts of Interest

We carefully manage the relationship with any company that is both a prospective client or client, and a holding in our investment portfolio. Our employees and contractors are bound by a strict policy regarding trading in prospects’ and clients’ securities. This policy is an element of every employee’s and contractor’s written agreement.

In fact, our ethical values and associated policies are much more stringent than Securities and Exchange Commission (SEC) regulations. We treat any information conveyed in every communication as “inside information” and restrict trading accordingly.

  • When first contacted by a company for a potential assignment, we prohibit trading in that prospective client’s securities for a period of six months after the initial conversation
  • If retained for an assignment by that company, we prohibit trading in that company’s securities for a period of sixth months after the final conversation that is an element of that project
  • If ever a prospect or client calls us for further discussions on any topic, the six month prohibition resets from that date.
  • All employees and contractors are prohibited from discussing any prospective client, current client, or past client information with anyone outside of CVG.

These policies reflect our ethical values and legal responsibilities to avoid ca real or perceived conflict of interest.

If we were to be both the consultant for and the investor in a company, that would be consistent with investors’ expectations for executives and directors: Holding significant amounts of company equity for a significant period of time to ensure alignment with stakeholders.


Keep up with the most recent developments in cannabis compensation at our blog.