CANNABIS SUISSE CORP.

CANNABIS SUISSE CORP. Annual Report Summary
Explained like we’re chatting over coffee ☕

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1. What does this company do? (And how’s it going?)

Cannabis Suisse pivoted from selling cannabis products to renting properties. This year, their income mostly came from leasing space, but a major sub-lease ended in February 2025, slashing revenue. The bottom line? They’re struggling—losing money and scrambling to stay open.

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2. Show me the money!

• Revenue: $22,500 this year (down 25% from $30,000 last year).
• Profit: Lost $456,142 (improved from last year’s $1.18M loss).
• Why? Lost a key rental contract, and operating costs (rent, admin) rose to $288,445.

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3. Wins 🏆 vs. Mistakes 🤦

Wins:

• Reduced losses by 62% year-over-year.
• Slashed professional fees by 29% (now $55,547).

Mistakes:

• Lost 3 months of revenue from the terminated sub-lease.
• Spent $551,677 settling old debts (using IOUs for lease payoffs).
• Auditors flagged them as a “going concern”—survival in doubt without emergency funding.

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4. Cash Check: Critical Condition

🚨 Cash: Just $2,850 left (down from $30M last year!).
🚨 Debt: Owe $218,679 more than they own.
Survival hinges on CEO loans or new investors.

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5. Top Risks

• Cash crisis: Could shut down within months without funding.
• Lease instability: More terminations would wipe out their only income.
• Debt burden: Still owe $63,208 in interest payments alone.

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6. How do they compare to competitors?

The company didn’t provide clear comparisons. Now competing with property rental firms, but with far fewer resources than typical real estate players.

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7. What’s next for 2024?

• Desperately seeking loans or investors.
• Minimal rental income ($22K/year) won’t cover costs.
• Survival = urgent cash injection + no further setbacks.

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8. Outside Challenges

• Rising interest rates make borrowing tougher.
• No cannabis business to pivot back to.

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Investor Takeaways

🚩 High Risk, Speculative Play 🚩

• Declining Business: Revenue dropped 25%, cash reserves nearly gone.
• Survival Doubts: Auditors warn they may not last another year.
• Transparency Note: Limited details in the annual report—proceed with caution.

Bottom Line: Only consider this if you’re comfortable with extreme risk. The company needs a financial miracle to avoid collapse.

Questions? This is the full picture based on what they shared. Let’s chat if you want to dive deeper! 🌱