Cann American Corp (CNNA)

[Hi_Lo]

Most recent CNNA quarterly financial statement from 2022:

https://www.otcmarkets.com/file/company/financial-report/348802/content

What happened to this?:

On December 10, 2021, the Company announced the launch of its signature vape cartridge line, C-Juice, a proprietary Delta 8 THC hemp extract that can be
legally consumed in most US states. It is offered in multiple flavors, and will be initially made available in retail outlets in Oklahoma, Kansas and Texas,
eventually branching out into additional markets including online sales.

There was no revenue in the financials concerning this.

On January 3, 2022, the Company announced the retention of a PCAOB auditor, Michael Gillespie & Associates, PLLC, to prepare for full SEC reporting and
an uplisting of the Company's stock.

That was four years ago and still nothing. It's still not SEC reporting, it's still in Expert Market and "uplisting" was a pipe dream.

The Company has a limited operating history and had a cumulative net loss from inception to August 31, 2022 of $8,638,484. The Company has a working
capital deficit of $3,183,521 as at August 31, 2022.

OUCH!!!

Again, what ever happened to this?:

On June 15, 2022, the Company announced it had entered into a lease agreement to develop a 10,000 square feet hemp farming operation in Glencoe,
Oklahoma, allowing the Company to vertically integrate the expansion of its recently-launched "C-Juice" vape lines. It will be managed by the Company's
director, Brad Hangar.

Again, mentioned once and never again. And again, there was no revenue in the financials concerning this and "C-Juice."

You can thank Motor-Goator for encouraging me to dig deeper into this scam company.