OTC: CSUI
CANNABIS SUISSE CORP.CIK 0001680132 · SIC 6500 · Real Estate
Cannabis Suisse Corp. (the “Company”, “we” or “our”) is engaged in the rental of commercial office and industrial space. We lease buildings from company’s controlled by our CEO. Since our CEO assumed control of the Company in June 2022, we have no involvement in any aspect of the cannabis industry. About this business →
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Latest financial statements
From 10-K filed Sep 25, 2026 (period ending May 31, 2026). As printed on the EDGAR/iXBRL face — not generated by the model.
Statements of Operations
| Description | Years ended May 31, 2026 | Years ended May 31, 2025 |
|---|---|---|
| REVENUES | ||
| Rental income | - | 22,500 |
| Rental income related party | 21,000 | - |
| Cost of rental revenue | 21,931 | 22,068 |
| GROSS PROFIT (LOSS) | (931) | 432 |
| OPERATING EXPENSES | ||
| Professional fees | 51,970 | 55,547 |
| Depreciation | 4,244 | 4,244 |
| General and administrative expenses | 210,674 | 228,654 |
| TOTAL OPERATING EXPENSES | 266,888 | 288,445 |
| OPERATING LOSS | (267,819) | (288,013) |
| OTHER INCOME (EXPENSES) | ||
| Loss on settlement of debt | - | (551,677) |
| Amortization of debt premium | 455,214 | 446,756 |
| Interest expense related parties | (64,656) | (63,208) |
| TOTAL OTHER INCOME (EXPENSE) | 390,558 | (168,129) |
| INCOME (LOSS) BEFORE INCOME TAXES | 122,739 | (456,142) |
| PROVISION FOR INCOME TAXES | - | - |
| NET INCOME (LOSS) | 122,739 | (456,142) |
| NET INCOME (LOSS) PER SHARE: BASIC | 0.00 | (0.01) |
| WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: BASIC | 70,680,938 | 70,680,938 |
| NET INCOME (LOSS) PER SHARE: DILUTED | 0.00 | (0.01) |
| WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING: DILUTED | 210,884,922 | 70,680,938 |
Balance Sheets
| Description | May 31, 2026 | May 31, 2025 |
|---|---|---|
| ASSETS | ||
| Current Assets | ||
| Cash in Escrow Account | 476 | 2,850 |
| Prepaid Expenses | 52,711 | 103,991 |
| Total Current Assets | 53,187 | 106,841 |
| Property and Equipment, net | 16,124 | 20,368 |
| Operating Leases Right of Use Assets | 338,168 | 507,866 |
| TOTAL ASSETS | 407,479 | 635,075 |
| LIABILITIES & STOCKHOLDERS’ DEFICIT | ||
| Current Liabilities | ||
| Accounts Payable | 8,185 | 7,775 |
| Accrued Interest Related Parties | 122,864 | 58,208 |
| Advances From Related Parties | 57,350 | 19,400 |
| Convertible Notes Payable | 50,000 | 50,000 |
| Convertible Notes Payable Related Parties | 220,000 | 85,000 |
| Operating Lease Liabilities Related Parties - in Default | 107,000 | - |
| Operating Lease Liabilities Related Parties - Short-term | - | 105,137 |
| Total Current Liabilities | 565,399 | 325,520 |
| Convertible Notes Payable Related Parties | 1,521,313 | 2,111,527 |
| Total Liabilities | 2,086,712 | 2,437,047 |
| Commitments and Contingencies (Note 5) | - | - |
| Stockholders’ Deficit | ||
| Series A Preferred stock, par value $0.001; 5,000,000 shares authorized, 5,000,000 issued and outstanding as of May 31, 2026 and 2025 | 5,000 | 5,000 |
| Common stock, par value $0.001; 1,000,000,000 shares authorized, 70,680,938 shares issued and outstanding as of May 31, 2026 and 2025 | 70,681 | 70,681 |
| Additional Paid-In-Capital | 1,179,393 | 1,179,393 |
| Accumulated Deficit | (2,934,307) | (3,057,046) |
| Total Stockholders’ Deficit | (1,679,233) | (1,801,972) |
| TOTAL LIABILITIES & STOCKHOLDERS’ DEFICIT | 407,479 | 635,075 |
Statements of Cash Flows
| Description | Years ended May 31, 2026 | Years ended May 31, 2025 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net income (loss) | 122,739 | (456,142) |
| Adjustments to reconcile net income (loss) to net cash used in operations: | ||
| Depreciation | 4,244 | 4,244 |
| Lease cost, net of repayments | 171,561 | 176,285 |
| Loss on settlement of debt | - | 551,677 |
| Amortization of debt premium | (455,214) | (446,756) |
| Changes in assets and liabilities: | ||
| Prepaid expenses | 51,280 | 63,900 |
| Accounts payable | 410 | 3,472 |
| Accrued interest related parties | 64,656 | 58,208 |
| Net cash used in Operating Activities | (40,324) | (45,112) |
| INVESTING ACTIVITIES | ||
| Net cash provided (used) by Investing Activities | - | - |
| FINANCING ACTIVITIES | ||
| Advances from related parties | 58,950 | 34,400 |
| Repayments of related party advances | (21,000) | (15,000) |
| Net cash provided by Financing Activities | 37,950 | 19,400 |
| Net cash increase (decrease) for period | (2,374) | (25,712) |
| Cash at beginning of period | 2,850 | 28,562 |
| Cash at end of period | 476 | 2,850 |
| SUPPLEMENTAL | ||
| Cash paid for taxes | - | - |
| Cash paid for interest | - | 5,000 |
| Noncash Investing and Financing Information | ||
| Promissory note in exchange for payables related party | - | 186,089 |
| Reclassed long-term convertible note RP to short-term convertible note - RP | 135,000 | - |
Amounts as printed on the EDGAR/iXBRL face. Labels, columns, and figures are the filing face, not a GAAP stencil. Interactive statements & notes on EDGAR ↗
About CANNABIS SUISSE CORP.
Source: Item 1 (Business) from the 10-K filed September 25, 2026. Description as filed by the company with the SEC.
Item 1. Description of Business
Cannabis Suisse Corp. (the “Company”, “we” or “our”) is engaged in the rental of commercial office and industrial space. We lease buildings from company’s controlled by our CEO. Since our CEO assumed control of the Company in June 2022, we have no involvement in any aspect of the cannabis industry.
Employees; Identification of Certain Significant Employees
We currently do not have any employees. Our CEO, who is our sole officer, serves as a consultant to the Company on a part-time basis.