Going concern and liquidity shortfall
The company has very limited rental revenue, no bank account, and depends on advances and investments to fund operations.
- Scope
- All operations
- Materiality
- high
Cannabis Suisse Corp. is a very small U.S. real estate company whose current activity is limited to leasing a commercial building and subleasing part of that space to a third party. Despite its name, the company states that it has had no involvement in the cannabis industry since June 2022. The business appears to be a thinly staffed, related-party-dependent property rental operation with no employees and only a part-time consultant serving as its sole officer. Its reported revenue comes entirely from rent on a single sublease arrangement, which ended on February 28, 2025.
−1 261,2 %
1,9 %
−2 027,3 %
−25,0 %
0.33
0.33
| % | |
|---|---|
| Commercial property subleasing | 100% Subleasing part of a leased commercial building to a third party for rental income. |
| Commercial office and industrial space rental | 0% Rental of office and industrial space under short-term or month-to-month arrangements. |
The company’s customer base is extremely narrow and currently consists of a single third-party subtenant that occupied...
The only disclosed paying customer, leasing a portion of the building for office and industrial use because it needed flexible commercial space.
The CEO and related entities provide advances and expense support, which is critical because the company has no bank account and minimal operating cash.
The company is based in the United States and reports its financial statements in U.S. dollars under U.S. GAAP...
The company’s current strategy appears to be survival-oriented rather than expansionary: it is trying to maintain...
The company has no bank account and depends on advances from the CEO and others to fund basic expenses.
The only disclosed rental stream ended in February 2025, so new occupancy is needed to generate operating cash.
The company needs a business structure that can cover its lease and administrative costs without relying on sporadic support.
The company faces severe going-concern and liquidity risk because it has very limited revenue, no bank account, and...
The company has very limited rental revenue, no bank account, and depends on advances and investments to fund operations.
Revenue was generated from a single sublease arrangement, so the loss of that tenant removes the company’s only disclosed operating income stream.
The CEO controls the company, controls the building lease through a related company, and funds expenses through an escrow account.
The shares are subject to penny stock rules, which can reduce broker participation and increase volatility and spreads.
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: 11/08/2026