Irwin Simon, the CEO of licensed producer Tilray, has earned US$13.2 million ($16.7 million) in cash bonuses this calendar year, according to a recent regulatory filing, first reported by Marijuana Business Daily.
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Formerly the CEO of Aphria, Simon was named CEO of Tilray after the two companies merged earlier this year.
Simon earns a base salary of US$1.7 million ($2.1 million) but the filing shows his total compensation is more than US$28 million ($35.3 million). In July, Simon received “one-time equity grants” that totalled $15 million and were used as “additional incentive” to enter into an employment agreement.
According to MJBizDaily, Tilray’s median employee
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