This is worse than I expected:
They spent $300k on a brand new startup (cannadoc) and loaned it $1m dollars.
They have only made $44k worth of product sales in a quarter!!
based on the fact that this was almost
certainly a purchase of CAU product by cannadoc, it is effectively a related party transaction.
They have managed to blow $900,000 in one quarter on operating expenses of which almost half is on fat cat salaries of the 2 or 3 staff they have.
Mind blowing in terms of how blatant this "lifestyle business" is and appears to be taking shareholders for a ride.
