Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

v3.3.0.814
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Aug. 31, 2015
Aug. 31, 2014
Revenue    
Sales $ 14,702 $ 0
Cost of Goods Sold 29,883 0
Gross profit (loss) (15,181) 0
Expenses    
Accounting and audit 52,823 47,448
Insurance 10,095 5,777
Advertising and promotions 276,560 91,683
Bank charges and exchange loss 850 (29,058)
Stock Based Compensation 256,051 97,002
Consulting 835,655 847,660
Fees and Dues 54,104 41,398
Interest expense from loan payable 31,544 165,790
Investor relation 18,000 2,738
Legal and professional 45,928 11,511
Office and miscellaneous 18,833 11,625
Research and Development 146,466 0
Rent 85,650 54,438
Telephone 8,105 4,375
Taxes 3,578 5,248
Travel 101,183 50,400
MMJ expense 22,664 151,306
Total operating Expenses 1,968,089 1,559,341
(Loss) for the period before other income (1,983,270) (1,559,341)
Income (Loss) from discontinued operations 48,918 (1,698,371)
Net (loss) from operations (1,934,352) (3,257,712)
Net (loss) attributable to:    
Common Shareholders (1,770,500) 0
Non-Controlling Interest $ (163,852) $ 0
Basic and diluted (loss) per share $ (0.05) $ (0.14)
Weighted average number of common shares outstanding    
- Basic and diluted 36,091,674 23,369,940