# Cannabis Suisse Corp. > Clarifo company profile — qualitative business description generated from > the company's filings. Financial statements, charts and ratios are > available on Clarifo (https://www.clarifo.com/en/companies/Cannabis Suisse Corp.). ## Overview 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. ## Products & services • Sublease of commercial office and industrial space • Rental of a portion of a leased commercial building • Month-to-month commercial space rental • Related-party leased property occupancy - **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. - Sublease of commercial office and industrial space - Rental of a portion of a leased commercial building - Month-to-month commercial space rental - Related-party leased property occupancy ## Customers The company’s customer base is extremely narrow and currently consists of a single third-party subtenant that occupied part of the commercial building. That tenant paid rent for the use of commercial office and industrial space under a one-year lease that later converted to month-to-month terms. Because the business model is based on subleasing rather than operating a diversified property portfolio, customer concentration is effectively total. The company also depends indirectly on related-party support from its CEO, who controls the building lease and funds expenses through an escrow arrangement. - **Third-party commercial subtenant** (primary) — The only disclosed paying customer, leasing a portion of the building for office and industrial use because it needed flexible commercial space. - **Related-party funding support** (primary) — The CEO and related entities provide advances and expense support, which is critical because the company has no bank account and minimal operating cash. - A single third-party subtenant paying rent for commercial space - Small business or operator needing short-term office/industrial space - Tenant seeking flexible month-to-month occupancy after lease expiry - Related-party financing source supporting the company’s operations - No broad tenant portfolio or diversified customer base ## Geography The company is based in the United States and reports its financial statements in U.S. dollars under U.S. GAAP. Its operations are tied to a single commercial building leased from a company controlled by the CEO, so the business is geographically concentrated rather than multi-market. No country-level revenue split was disclosed, and the company does not describe any international operations. As a result, geographic exposure is mainly local and operationally concentrated in the U.S. commercial real estate market. - United States is the only clearly disclosed operating geography - Financial statements are prepared in U.S. dollars - Operations are concentrated in one leased commercial building - No international revenue or foreign operating footprint disclosed - Geographic risk is tied to a single local property arrangement ## Strategy The company’s current strategy appears to be survival-oriented rather than expansionary: it is trying to maintain limited rental activity while relying on related-party support to cover expenses. Management has stated that since June 2022 the company has focused on real estate operations and no longer has any involvement in cannabis. The sublease was moved from a fixed annual arrangement to month-to-month pricing and then terminated in February 2025, which suggests the company has been operating with very limited visibility and flexibility. Going forward, the key strategic issue is whether it can secure additional capital and find new rental or property-use arrangements that cover its cost structure. - **Maintain liquidity through related-party support** (short-term) — The company has no bank account and depends on advances from the CEO and others to fund basic expenses. - **Replace terminated sublease revenue** (short-term) — The only disclosed rental stream ended in February 2025, so new occupancy is needed to generate operating cash. - **Rebuild a viable real estate operating model** (medium-term) — The company needs a business structure that can cover its lease and administrative costs without relying on sporadic support. - Preserve the business through minimal rental operations - Rely on related-party funding to bridge liquidity gaps - Use flexible month-to-month leasing to keep occupancy optional - Shift away from the legacy cannabis identity toward real estate - Seek additional capital to remain a going concern ## Risks The company faces severe going-concern and liquidity risk because it has very limited revenue, no bank account, and depends on related-party funding to pay expenses. Its business is also highly concentrated: one sublease and one leased building mean that any vacancy, lease dispute, or change in the underlying property arrangement can quickly eliminate revenue. Governance and control risk is elevated because the CEO holds majority voting control and can influence financing, capital structure, and asset decisions. More broadly, small commercial property rental businesses are exposed to tenant turnover, weak leasing demand, and rising financing or occupancy costs, all of which are especially damaging when the company has no operating cushion. - **Going concern and liquidity shortfall** [critical] — The company has very limited rental revenue, no bank account, and depends on advances and investments to fund operations. - **Customer concentration** [critical] — Revenue was generated from a single sublease arrangement, so the loss of that tenant removes the company’s only disclosed operating income stream. - **Related-party dependence and governance control** [high] — The CEO controls the company, controls the building lease through a related company, and funds expenses through an escrow account. - **Penny stock liquidity and trading risk** [medium] — The shares are subject to penny stock rules, which can reduce broker participation and increase volatility and spreads. - Going-concern risk due to insufficient operating cash and limited revenue - Extreme customer concentration because revenue came from one subtenant - Related-party dependence for lease access and expense funding - Control risk because the CEO holds majority voting power - Liquidity and marketability risk associated with penny stock status - Commercial real estate vacancy and lease renewal risk - Operational risk from having no employees and minimal management capacity ## Accounting The most important accounting issue is rent revenue recognition, which the company records on a straight-line basis over the lease term under ASC 842. Because the sublease changed from a fixed annual contract to month-to-month terms and then ended in February 2025, reported revenue can shift materially from period to period even when cash receipts are small and irregular. Lease accounting is also central because the company leases the underlying building from a related party, which creates right-of-use asset and lease liability balances and can affect reported expenses and leverage. In addition, the company’s financial statements rely on management estimates and assumptions, and the going-concern assessment is a key judgment that can affect how investors interpret asset values, liabilities, and disclosure risk. - **Rent revenue recognition under ASC 842** — Timing of rental revenue and comparability across periods - **Lease accounting for the underlying building** — Reported assets, liabilities, and lease expense - **Going-concern assessment** — Investor assessment of solvency and disclosure risk - **Related-party transactions** — Governance, expense classification, and liquidity analysis - Straight-line rent recognition affects timing of reported revenue - Month-to-month and terminated sublease terms create quarterly volatility - ASC 842 lease accounting affects ROU assets and lease liabilities - Related-party lease terms can affect expense presentation and disclosures - Going-concern judgment influences how investors assess balance sheet risk - Management estimates matter because the company is small and thinly staffed --- *Last updated: 2026-08-11T04:46:25.353806+00:00*