Red Flags Detected

• ⚠ Going Concern (new) — The auditor's going-concern opinion signals the company may not survive without new financing.
• ⚠ Material Weakness (new) — The company discloses material weaknesses in internal control over financial reporting, which could lead to inaccurate financial statements.
• ⚠ Nyse American Delisting Risk (new) — The company is out of compliance with NYSE American's stockholders' equity requirement, with negative equity of $15.3 million, and faces delisting if not remedied by January 29, 2027.
• ⚠ Customer Concentration and Loss (new) — The company's only recent revenue came from a single tequila customer that has terminated its contract, leaving no ongoing beverage revenue.
• ⚠ Cannepil Sales Decline (new) — Sales of the licensed product CannEpil have collapsed from $4.26 million in 2023 to under $100,000 in 2026, raising doubts about commercial viability.
• ⚠ Dilution From Convertible Preferred Stock and Warrants (new) — Outstanding preferred stock is convertible into over 11 million common shares, and warrants and options add further potential dilution, significantly reducing existing shareholders' ownership.