Detail akcie Cannabis Global Rg online

Business Summary: Cannabis Global, Inc. manufactures and distributes various cannabis products through its ownership of Natural Plant Extract, Inc. The Company is engaged in developing the Ethos Comply Bag and conducts research and development in the areas of hemp, cannabis, and consumer food goods. It operates and manages Natural Plant Extract of California, Inc. (NPE) which holds two active California cannabis licenses: a Type 7 manufacturing license and a distribution license. These licenses allow NPE to distribute cannabis products in the State of California. These products included several types of cannabis products, including Cannabis flower packaged in various weights, which are sold to California licensed cannabis retailers and distributors; cannabis pre-rolls, which are sold to California licensed cannabis retailers and distributors, and cannabis edible products, which are sold to California licensed cannabis retailers and distributors.
Financial Summary: BRIEF: For the nine months ended 31 May 2022, Cannabis Global, Inc. revenues increased from $971K to $2M. Net loss decreased 89% to $598K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects IE on Capital Financing, Gross decrease of 36% to $4M (expense), Equity method loss increase from $359K (expense) to $935K (income).