SEDAR Interim Financial Statements
[ { "companyName": "GREENRISE GLOBAL BRANDS INC.", "reportingPeriodEnd": "2025-09-30", "reportStatus": "Unaudited", "auditorName": null, "auditorKeyMatters": [], "balanceSheet": { "cash": 1306, "loansReceivable": 0, "totalCurrentAssets": 1306, "tradeAndOtherPayables": 149583, "loansPayable": 2735127, "totalCurrentLiabilities": 2884710, "totalLiabilities": 2884710, "shareCapital": 6318789, "shareBasedPaymentReserve": 2648925, "obligationsToIssueShares": 87246, "foreignCurrencyTranslationReserve": 22787, "deficit": -11961151, "totalShareholdersEquity": -2883404, "cashPerShare": 0.0000, "workingCapitalPerShare": -0.0577 }, "incomeStatement": { "generalAndAdministrativeExpense": -68487, "interestExpense": -137539, "transferAgentFeesExpense": -17716, "totalExpenses": -223742, "interestIncome": 0, "gainOnAssignmentOfLoanReceivable": 20000, "foreignExchangeGain": 20618, "unrealizedGainOnDerivativeLiability": 0, "netLoss": -183124, "basicAndDilutedLossPerShare": 0.00, "weightedAverageSharesOutstanding": 49965625 }, "cashFlowStatement": { "netLoss": -183124, "adjustmentsForNonCashItems": { "nonCashLoanInterest": 137539, "nonCashForeignExchange": -11153, "gainOnDerivativeLiability": 0, "accretionOfLoansReceivable": 0 }, "changesInWorkingCapital": { "tradeAndOtherPayables": -19939 }, "cashFromOperatingActivities": -76677, "cashFromInvestingActivities": 80000, "cashFromFinancingActivities": -15549, "netChangeInCash": -12226, "cashAtBeginningOfPeriod": 13532, "cashAtEndOfPeriod": 1306 }, "investmentsAndOtherAssets": [ { "type": "Loan Receivable", "description": "Unsecured loans from CannaCare Health GmbH", "ownershipPercentage": null, "value": 0, "notes": "Assigned during the period; previously impaired and carried at €80,000 as of December 31, 2024" } ], "shareStructure": { "authorizedShares": "unlimited", "issuedShares": 51655369, "classesOfShares": ["Class A Voting Common Shares"], "warrants": [], "options": [], "rightsConvertibleInstruments": null }, "managementCompensation": { "currency": "EUR", "periods": {}, "namedIndividuals": [], "otherRelatedPartyTransactions": [ { "counterparty": "Companies with common director", "description": "Secured credit facility and unsecured drawdown loan facilities", "amount": null, "period": "2025" }, { "counterparty": "Executive officer", "description": "Expenses owing", "amount": 6195, "period": "nine months ended September 30, 2025" }, { "counterparty": "Joint Director (controlling shareholder of CannaCare)", "description": "Assignment of loan receivable claims", "amount": 100000, "period": "nine months ended September 30, 2025" } ] }, "subsequentEvents": [ { "eventDate": "2025-10-01", "description": "Appointment of an executive officer to the Board of Directors", "impactValue": null } ] } ]