Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
12 Months Ended
Aug. 31, 2020
Aug. 31, 2019
Income Statement [Abstract]    
Revenue (Note 14) $ 384,543 $ 222,610
Cost of goods sold 99,378 22,893
Gross profit 285,165 199,717
Expenses    
Accounting and audit 78,650 77,388
Depreciation and amortization (Note 8, 9, 10) 112,750 60,550
Advertising and promotions 204,277 515,360
Bad debt 50,000 75,000
Consulting (Notes 13, 15, 17) 2,193,076 1,444,735
Investor relations 184,277 203,893
Legal and professional 371,844 670,863
Office and miscellaneous 292,880 297,209
Research and development 387,074 555,730
Travel 47,336 100,587
Wages & salaries 401,283 333,199
Realized loss on disposal of marketable securities (Note 19) 18,198  
Unrealized Loss on marketable securities (Note 19) 19,893 16,434
Inventory writeoff (Note 8) 8,240 7,182
Total Operating Expenses 4,369,778 4,358,130
Net (loss) and comprehensive loss for the year (4,084,613) (4,158,413)
Net (loss) and comprehensive loss attributable to:    
Common shareholders (3,933,996) (4,099,420)
Non-controlling interest $ (150,617) $ (58,993)
Basic and diluted (loss) per share (in dollars per share) $ (0.05) $ (0.05)
Weighted average number of common shares outstanding    
Basic and diluted (in shares) 83,201,271 77,792,263