Canopy Executive Compensation Surges $28.5 MillionIt always seems that us retail investors get the shaft while the executives get rich. If you ever hear a CEO or senior executive tell you that they have the best interests of investors in mind, it's a piece of cr@p, they only have their own best interest in mind and here's more proof.
So Bruce goes out the door with almost $11 million in compensation and has 18 million shares. The company keeps bleeding red, but not to worry, the executives seen nothing but green!!!
All of this compensation would have been approved by Bruce and brought forward to the BOD for their approval and Bruce as Chairman. Do you really see now how the CB board members would have been besides themselves starting late last year. This would have been one of the catalysts that started the process of letting Bruce go and it just kept getting worse. Now you can see why CB was justified in letting him go.
https://www.bnnbloomberg.ca/canopy-executive-compensation-surges-to-28-5-million-following-pot-legalization-1.1302760