Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Aug. 31, 2018
Aug. 31, 2017
Aug. 31, 2016
Revenue      
Sales (Note 14) $ 433,287 $ 63,639 $ 40,718
Cost of Goods Sold      
Cost of goods sold 25,185 29,750 45,615
Gross Profit / (Loss) 408,102 33,889 (4,897)
Expenses      
Accounting and audit 85,553 74,087 95,921
Depreciation and Amortization (Note 9) 2,307 1,488 619
Advertising and promotions 489,058 209,034 185,459
Consulting (Note 12, 13, 15) 5,332,398 1,130,916 657,813
Interest expense (Note 10)   6,015 2,250
Investor relations (Note 12) 188 91,681 61,574
Legal and professional 289,062 136,210 37,939
Office and miscellaneous 217,655 129,726 133,679
Research and development 492,864 54,185 9,024
Travel 99,236 61,401 44,034
Gain on disposal of assets (3,998)    
Inventory write-off (Note 8) 12,966 68,611 44,040
Total Operating Expenses 7,017,289 1,963,354 1,272,352
Net loss loss for the year (6,609,187) (1,929,465) (1,277,249)
Net loss and comprehensive loss attributable to:      
Common shareholders (6,598,843) (1,869,277) (1,214,773)
Non-controlling interest (Note 9) $ (10,344) $ (60,188) $ (62,476)
Basic and diluted loss per share (in dollars per share) $ (0.09) $ (0.03) $ (0.03)
Weighted average number of common shares outstanding      
- Basic and diluted (in shares) 70,960,416 58,765,806 43,840,378