Several Canadian cannabis company CEOs were among the highest paid corporate executives in the nation in 2019, according to a Centre for Policy Alternatives’ analysis titled “The Golden Cushion: CEO compensation in Canada.”
Aphria Inc. CEO Irwin D. Simon was the seventh-highest-compensated executive earning more than $18.4 million in 2019. The company reported a $16.5 million net loss in fiscal year 2019.
Former Cronos Group CEO Michael Gorenstein earned about $15 million in 2019, making him the 14th-highest-paid executive on the list. Cronos reported a $121 million operating loss during the 2019 fiscal year.
MJShareholders.com is the largest dedicated financial network and leading corporate communications firm serving the legal cannabis industry. Our network aims to connect public marijuana companies with these focused cannabis audiences across the US and Canada that are critical for growth: Short and long term cannabis investors Active funding sources Mainstream media Business leaders Cannabis consumers