Registration of securities issued in business combination transactions

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Aug. 31, 2017
Aug. 31, 2016
Aug. 31, 2015
Cash flows used in operating activities      
Net loss and comprehensive loss for the year $ (1,929,465) $ (1,277,249) $ (1,983,270)
Income loss from discontinued operations   0 48,918
Net loss and comprehensive loss for the year (1,929,465) (1,277,249) (1,934,352)
Adjustments to reconcile net loss and comprehensive loss to net cash used in operating activities:      
Stock based compensation 113,044 122,015 256,051
Depreciation and amortization 1,488 619 0
Inventory write-off 68,611 44,040 0
Common shares issued for interest 1,125 0  
Research and development   0 73,040
MMJ Joint Venture   0 22,662
Common shares issued for services 207,660 79,500 127,300
Warrants issued for services 292,750 32,252 0
Change in working capital:      
Accounts and other receivable (7,710) (6,201) 65,620
Inventory (1,061) (10,778) (167,985)
Prepaid expenses and deposit (17,817) 26,190 96,834
Accounts payable and accrued liabilities (40,436) 56,937 (60,480)
Due to related parties (238,681) 259,319 20,283
Unearned revenue 4,583 12,500 0
Net cash used in operating activities (1,545,909) (660,856) (1,501,027)
Cash flows used in investing activities      
Proceeds from sale of oil and gas property   0 721,806
Patent (9,699) (17,008) (36,989)
Acquisition of equipment 0 (3,094) 0
Net cash used in investing activities (9,699) (20,102) 684,817
Cash flows from financing activities      
Proceeds from (Payments of) loans/convertible debentures (50,000) 95,000 (98,742)
Proceeds from issuance of equity 4,045,536 419,292 471,997
Net cash from financing activities 3,995,536 514,292 373,255
Change in cash 2,439,928 (166,666) (442,955)
Cash, beginning of year 93,409 260,075 703,030
Cash, end of year 2,533,337 93,409 260,075
Supplemental information of cash flows:      
Interest paid in cash 4,890 2,250 98,742
Income taxes paid in cash 0 0 0
Shares issued to convert convertible debt 45,000 0  
Subscription funds receivable 0 93,500 0
Stock based compensation recognized from prepaid expense 19,076 38,150 $ 55,317
Shares issued for services in accounts payable and accrued liabilities $ 17,000 $ 0