It analyzed 96 cannabis companies listed publicly on the TSX, TSXV, CSE, NYSE, Nasdaq and ASX, including 449 board members and 437 executive officers. As per the report, 38 per cent of cannabis companies had at least one female board member. Only 38 per cent of cannabis companies had at least one female board member. A mere eight per cent of the 437 chief executive officers the consulting group looked at were female. Only eight per cent of the 437 chief executive officers were female.
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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