Cannabis Suisse Corp.
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.
Fiscal year 2026 · change from previous year
Development 2021–2026
Business
Share of revenueSubleasing part of a leased commercial building to a third party for rental income.
Rental of office and industrial space under short-term or month-to-month arrangements.
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.
The only disclosed paying customer, leasing a portion of the building for office and industrial use because it needed flexible commercial space.
The CEO and related entities provide advances and expense support, which is critical because the company has no bank account and minimal operating cash.
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.
The company has no bank account and depends on advances from the CEO and others to fund basic expenses.
The only disclosed rental stream ended in February 2025, so new occupancy is needed to generate operating cash.
The company needs a business structure that can cover its lease and administrative costs without relying on sporadic support.
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.
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 shortfallImpact: CriticalLikelihood: High
The company has very limited rental revenue, no bank account, and depends on advances and investments to fund operations.
Exposure: All operations
- Customer concentrationImpact: Critical
Revenue was generated from a single sublease arrangement, so the loss of that tenant removes the company’s only disclosed operating income stream.
Exposure: Rental revenue
- Related-party dependence and governance controlImpact: HighLikelihood: High
The CEO controls the company, controls the building lease through a related company, and funds expenses through an escrow account.
Exposure - Penny stock liquidity and trading riskImpact: MediumLikelihood: High
The shares are subject to penny stock rules, which can reduce broker participation and increase volatility and spreads.
Exposure: Public shareholders
Accounting
Judgemental itemsRevenue is recognized straight-line over the lease term, so changes in lease duration and termination timing affect reported results.
Impact: Timing of rental revenue and comparability across periods
The company leases the building it subleases, so right-of-use assets and lease liabilities are important balance sheet items.
Impact: Reported assets, liabilities, and lease expense
Auditors issued a going-concern opinion, indicating substantial doubt about the company’s ability to continue without new capital.
Impact: Investor assessment of solvency and disclosure risk
The building lease and expense funding involve the CEO and related entities, requiring careful disclosure and scrutiny.
Impact: Governance, expense classification, and liquidity analysis
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Last updated: 24/09/2026