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Tilray Brands Inc TLRY

Alternate Symbol(s):  T.TLRY

Tilray Brands, Inc. is a global lifestyle and consumer packaged goods company. The Company operates through four segments: Cannabis operations, Distribution business, Beverage alcohol business and Wellness business. The Cannabis operations, which encompasses the production, distribution, sale, co-manufacturing and advisory services of both medical and adult-use cannabis. The Beverage alcohol operations, which encompasses the production, marketing and sale of beverage alcohol products. The Distribution operations, which encompasses the purchase and resale of pharmaceuticals products to customers. The Wellness products, which encompasses hemp foods and cannabidiol (CBD) products. The Company offers a portfolio of adult-use brands and products and expands its portfolio to include new cannabis products and formats. Its brands include Good Supply, RIFF, Broken Coast, Solei, Canaca, HEXO, Redecan, Original Stash, Hop Valley, Revolver, Bake Sale, XMG, Mollo, and others.


NDAQ:TLRY - Post by User

Post by Keeleron Jan 30, 2024 9:29pm
473 Views
Post# 35854025

Management Compensation

Management Compensation

Management compensation
Executive compensation is markedly high. In 2023 the CEO, Irwin Simon, earned a staggering $15 million. This is approximately 10% of gross profits and is disproportional to the company's earnings. The CEO's salary package was even more exuberant in 2021. According to mjbizdaily.com, Irwin Simon received around $ 30 million in the calendar year that Aphria merged with Tilray. Exuberant salary packages do not help establish investors' trust and are inappropriate considering the company's financial performance.

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