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$CWBHF
$0.32 +$0.01 (2.83%) Close

Company Executives

Officer Age In this role Joined 2025 pay Source
William Morachnick Also a director
Chief Executive Officer & Director
62 Not stated Not stated $640,180
Erika Lind
Chief Financial Officer
54 Since 2024
2 years
2023 $443,088
Raymond Kunkel
Chief Operating Officer
60 Since 2023
3 years
2020 $559,705
Mindy Garrison
Chief People Officer & Corporate Secretary
55 Not stated 2021 Not reported

Each officer opens the passage of the filing that names them. A title that changed since the list comes from the officer's latest Form 3, 4 or 5, and its start year is not stated there. "Not stated" means the filing does not say. Pay is the proxy's Summary Compensation Table, which reports only the named executive officers.

Directors
6
serving now
Independent
3 of 6
stated in the proxy
Average tenure
2.2 years
from year joined
CEO also chairs the board
No
Angela McElwee
Director Age On board Independent Committees Other public boards 2025 pay Source
Angela McElwee
49 2023
3 years
Independent None stated None stated $196,500
William Morachnick
62 2023
3 years
Not independent None stated None stated Paid as CEO
Matthew E. McCarthy
57 2024
2 years
Independent
Compensation · Chair
None stated $157,500
Jared Stanley
39 2024
2 years
Not independent None stated None stated $138,462
Maureen Usifer
66 2024
2 years
Independent None stated BlackRock TCP Capital Corp., Liberty All-Star Funds $167,500
M. Borgia Walker
52 2025
1 year
Not independent None stated None stated Not stated

Each director opens the passage of the proxy that names them. "Not stated" means the proxy does not say; it never means "no". Pay is the proxy's Director Compensation table; the CEO is paid as an executive.

9 disclosed in the proxy filed Apr 16, 2026
Jesse Stanley
one of the Company’s founders
$1,000,000
November 13, 2020

Secured promissory note under which $1,000,000 was loaned to Jesse Stanley as borrower; later amended and fully reserved

With Master and A Hound Irrevocable Trust Open in proxy
Stanley Brothers USA Holdings, Inc.
Delaware corporation whose majority shareholders are certain founders of the Company
$8,000,000
March 2, 2021

Option purchase agreement giving the Company an option to acquire Stanley Brothers USA, for $8,000,000 total consideration

JMS Brands LLC
an entity owned by Jesse Stanley, one of the Company’s founders
Annual license fee of $500,000
January 5, 2023

Brand License and Option Agreement under which the Company licensed intellectual property for an annual license fee

AJNA BioSciences PBC
partially owned and co-founded by Joel Stanley, AJNA’s president and the former CEO and Chairman of the board of the Company
Amount not stated
April 6, 2023

AJNA is a partner with the Company and a subsidiary of British American Tobacco in the DeFloria, Inc. joint venture formed April 6, 2023

With DeFloria, Inc. Open in proxy
BAT
holder of a convertible debenture issued by the Company
Approximately $56.8 million (C$75.3 million)

Convertible debenture held by BAT, convertible into 19.9% ownership of the Company’s Common Shares

With the Company Open in proxy
DeFloria, Inc.
joint venture formed by the Company with AJNA and a subsidiary of British American Tobacco p.l.c.; Jared Stanley is its Chief Executive Officer
Amount not stated
February 12, 2024

Master Services Agreement under which the Company is compensated for providing services to DeFloria

Jared Stanley
party to a consulting agreement with the Company; Chief Executive Officer of DeFloria
Bi-weekly fee of $6,000
June 21, 2024

Consulting agreement under which Mr. Stanley receives a bi-weekly fee for services

DeFloria, Inc.
joint venture formed by the Company with AJNA and a subsidiary of British American Tobacco p.l.c.
$750,000
July 15, 2025

Promissory note under which the Company, as lender, loaned $750,000 to DeFloria

With DeFloria, Inc. Open in proxy
William Morachnick
party to an employment agreement with the Company
Amount not stated

Employment agreement with the Company, described under Executive Compensation

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