Canopy Growth Corp (WEED)

[Bonno]

Canopy Growth, which lost money, market share & dignity this year, has given its executives raises.

First up is someone named Julious Grant, chief commercial officer, who was given a raise to C$57,000 *per month* (which is almost how much the median worker took home *per year*).

This represents a very small raise from Mr Grant's previous massive monthly salary, but it's a raise nonetheless.

Mr Grant was the top earner among all Canopy executives in 2021, with comp worth $4 million

Canopy lost $1.7 billion in 2021 and $578 million in 2022.

All $ CAD

Next up is CEO David Klein, who sees his compensation increased.

The CEO of the company that lost >$2 billion over 2 years selling weed is now eligible for a bonus worth 400% of base salary, which would come out to $5 million if all milestones were achieved.

It's bonus season at Canopy. The stonk fell 85% in the last financial year. This is what the company granted to execs on June 14 - just over 1 week ago:

In the past year, the ???? federal government gave Canopy $69.1 million in taxpayer subsidies as part of the #CEWS boondoggle.

What did taxpayers get out of it,
@cafreeland
? How much trickled down to Canopy employees?