Tilray CFO Carl Merton AMA Dec. 10
Q.
"Irwin Simon is currently the 9th highest paid CEO in Canada. This is amongst companies with profits in the billions. How do you justify this in Tilrays current position (zero organic growth, dilution, losses quarter after quarter)?"
A.
"While I appreciate your metric, we are not just a Canadian company; we operate/sell in over 20 countries across the world. Your comps might need some rethinking."
Q. Many questions asking about profitability
A.
"I have discussed profitability earlier, but I disagree that we are not profitable (although agree that we have not reported positive EPS). We have reported positive adjusted EBITDA and free cash flow for a number of years now."