Detail akcie Cannabis Global Rg online

Business Summary: Cannabis Global, Inc. manufactures and distributes various cannabis products via its majority ownership of Natural Plant Extract, Inc., is developing the Ethos Comply Bag, and generally conducts research and development in the areas of hemp, cannabis and consumer food goods. It operates and manages Natural Plant Extract of California, Inc., which holds two active California cannabis licenses: a Type 7 Manufacturing License, and a Distribution License. Its products include 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. Its Comply Bag features a multi-layer, low-density polyethylene outer shell that protects valuable shipments and allows manufacturers, buyers, and processors full view of contents to assess quality.
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).