Well Realistic, just to put his salary into context lets' say it was a cool $15 million.
Tilrays reported numbers with their Year End financials
Net Revenue $ 627,124,000
Cost of Goods Sold 480,164,000 (the expenses directly related
to the production of a product)
Gross Profit $ 146,960,000 (and then Operating Expenses are deducted)
If Simon makes $15 million a year - that means he gets 10% of the Gross Profit, regardless of whether there's a profit or loss at year end.
As we know, Operating and Other Expenses totaled over $ 1.5 BILLION - which dedcuted from the Gross Profit showed a NET Comprehensive Loss of $ 1,451,000,000. USD.
The company lost almost $1.5 billion - and simon personally profited $ 15 million.
What kind of return did investors get for the year end 2022/23?
Comment by
Realistic44on Dec 15, 2023 5:13pm 
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Post# 35787578
RE:Does anyone think he’s NOT overpaid?
Keeler,
Let me remind you that Simon's total compensation in 2022 was 19.5 million U.S. $. As I wrote before in a previous post which was deleted, it's all about Simon.