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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

Comment by quinlashon May 10, 2024 3:17pm
56 Views
Post# 36034241

RE:Don't Let the Shorts Steal Your Shares

RE:Don't Let the Shorts Steal Your Shares
Savage97 wrote:

I also want to address the reoccurring confusion and misunderstanding around executive compensation.

Irwin Simon does not have an annual base salary of $20 or $30 million nor has he received that in stock. Over 90% of Irwin’s compensation, and a substantial portion of the executive team’s compensation, is contingent on performance-based equity incentives which need to be reached before they can be paid out – this unequivocally shows the teams dedication and commitment to Tilray Brands. As per SEC regulations, Tilray must report the full value of executive compensation packages regardless if the targets are reached or not. Therefore, if any of those targets, including Tilray performance targets, are not met, they do not receive any of that compensation. As you can see, Irwin and the entire management team have skin in the game. Additionally, I would like to note Irwin and other section 16 executives currently own over 9.3 million shares in Tilray and have not sold any shares in the open market other than to deal with taxes.

I hope by addressing these questions and reoccurring themes, I’ve helped clear the air.
 

Carl Merton has stated "Cash is King"

Read https://www.reddit.com/r/weedstocks/comments/13sfe6g/tilray_brands_ama_wednesday_may_31_6pm_et_with/



Savage did a pretty good post to address the misconception of CEO salaries (quoted here).  

Thanks for posting Savage

Q
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