The Cannabis Industry Continues to Shell Out Big Bucks for Those at the Top, Including $14 Million to this Former Canadian PM

Article by Anisha Dhiman, Growth Op

NEWS The cannabis industry continues to shell out big bucks for those at the top, including $14 million to this former Canadian PM Mulroney received over $13 million for his role as a director at Acreage Holdings By Anisha Dhiman Mulroney joined the board of director of New-York based cannabis company Acreage Holdings in November 2018. GEOFF ROBINS/AFP via Getty Images Brendan Kennedy, CEO of Nanaimo, B.C.-based Tilray. Chad Hipolito As per the report, 38 per cent of cannabis companies had at least one female board member. Only eight per cent of the 437 chief executive officers were female. Darryl Dyck/ files

Switching sides paid off for former Canadian Prime Minister Brian Mulroney, who joined the board of directors of New-York based cannabis company Acreage Holdings in November of 2018.

In a report published by Toronto-based Bedford Consulting Group, Mulroney was deemed to be among the highest-paid directors of a cannabis company. His total compensation, including base salary, annual bonus, equity (share-based awards and options-based awards) and pension, was reported to be $13,913,873.

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