Did he tell you he lost $3.8 billion last year, all while pocketing $42 million of investors (including your) money? The Tweed Twit knows nothing about cannabis or what Cannabis consumers want and need.
Accumulated net losses by Canadian cannabis producers to date (pre-mergers).
TOTAL LOSSES: $12.5 billion
WEED: $3.8 billion APH: $561 million HEXO: $701.2 million SNDL: $714.5 million TLRY: $1.3 billion ACB: $4.1 billion TGOD: $436 million OGI: $245.9 million ZENA: $240 million Quote Tweet Matt Lamers @matt_lamers
TOTAL COMPENSATION FOR Flag of Canada CANANBIS CEOs (latest disclosures, some are former)
D Klein (WEED)—$42 million I Simon (APH)—$18M K Schmidt (CRON)—$12.5M S St-Louis (HEXO)—$11M Z George (SNDL)—$5M B Kennedy (TLRY)—$4.3M (2019) T Booth (ACB)—$5M B Athaide (TGOD)—$1M G Engel (OGI)—$628k