Tilray’s CEO pulled in over $31 million last year. Here’s the full list of the highest-paid cannabis execs who are raking in millions.

Wednesday, 22 July 2020, 20:48:00
Cannabis executives brought in millions before the industry sharply corrected last year. Tilray CEO Brendan Kennedy pulled in over $31 million in total compensation last year, including salary, equity, and stock options, according to a report from headhunting firm Bedford Consulting Group. The report also notes that only 8% of cannabis executives are women. For more stories like this, sign up for our Cultivated newsletter . Cannabis executives raked in millions in total compensation last year, according to a report from the Bedford Consulting Group, a Toronto-based headhunting firm. The report’s authors analyzed the total compensation — including salary, equity, and stock options — of 437 cannabis-industry executives at 96 companies using publicly available data, Frank Galati, one of the report’s authors, told Business Insider. The report, published in late May, looks at the total compensation of these executives over the 2019 fiscal year, which ran from June 30, 2018 to June 30, 2019.
— Business Insider

Sundial Growers : Announces Successful Amendments with Senior Lenders, US$18 Million Convertible Notes Issuance and Close of Bridge Farm Sale | MarketScreener

Monday, 8 June 2020, 12:01:09
Amends $79.3 million syndicated credit agreement Converts $73.2 million of term debt and interest into convertible notes Issues US$18.0 million in subordinated convertible notes Closes sale of… | June 8, 2020
— MarketScreener

Sundial Announces Successful Amendments with Senior Lenders, US$18 Million Convertible Notes Issuance and Close of Bridge Farm Sale

Monday, 8 June 2020, 12:00:00
/CNW/ – Sundial Growers Inc. (Nasdaq: SNDL) (“Sundial” or “the Company”) announced today that it has completed four transactions as a part of its broader…
— Canada Newswire

Sundial Announces Results of its Annual General and Special Meeting of Shareholders and Details of the Share Consolidation

Thursday, 21 May 2020, 13:30:00
CALGARY , May 21, 2020 /CNW/ – Sundial Growers Inc. (NASDAQ: SNDL ) (“Sundial” or the “Company”) is pleased to announce all of the resolutions put to holders of common shares of the Company (the “Shareholders”) at the annual general and special meeting held virtually today (the “Meeting”) were passed. At the Meeting, Shareholders approved: (i) fixing the number of directors of the Company at five members; (ii) electing each of Bryan Pinney , Greg Mills , Elizabeth Cannon , Gregory Turnbull , and Zach George as directors of the Company for the ensuing year; and (iii) re-appointing KPMG LLP as the auditors of the Company for the ensuing year and authorizing the board of directors of the Company to set their remuneration. The following votes were received with respect to each director nominee: Number of Shares For Full story available on Benzinga.com
— Benzinga Feeds

Cannabis grower’s IPO statements just puffery – N.Y. judge

Monday, 18 May 2020, 23:17:35
A New York judge has dismissed a lawsuit accusing Canada-based cannabis producer Sundial Growers Inc of misleading investors about the quality of its marijuana products during an initial public offering that raised $143 million.
— Reuters