I know what you guys are all thinking Tilray Brands insider ownership is weak all though we have far more institutional investment. Curaleaf effectively has zero. Tilray Brands founders no longer report their ownership to the public. Curaleaf however on the surface yes it looks good. Look at all that insider ownership right? Russian scandal no institutional investment and only borris who dididbt oay for the shares owns the 30 percent making him richer then Irwin simon will ever be. Irwin simon is networth is 30 million most because he founded hain celestial. Compare this with curaleafs borris who's the only holder of Curaleaf getting rich lol. He aquired the shares when the company was founded with underwriting. He didn't even pay for them.
I cover the world's richest.
This article is more than 4 years old. Topline: Curaleaf chairman Boris Jordan is worth $1.1 billion, according to reporting from Forbes Russia, making him the only billionaire Forbes has identified whose fortune comes from the marijuana industry.
- Massachusetts-based Curaleaf is the sixth most valuable cannabis company in the world and the largest retailer by market cap in the U.S., according to Cannabis Market Cap.
- Jordan owns a 31% stake in Curaleaf.