v3.26.1
Related Party Transactions
9 Months Ended
May 31, 2026
Related Party Transactions [Abstract]  
Related Party Transactions

Note 2 – Related Party Transactions

 

As of May 31, 2026, the Company had one employee, our Director Eyal Barad. All employees reside in Israel.

 

During the nine months ending May 31, 2026, the Company paid $33,487 in salaries, including social benefits as compensation to our CEO and director compared to $37,087 to two directors for the nine months ending May 31, 2025.

 

In addition, during the nine months ended May 31, 2026 the Company accrued $189,286 in salaries, including socials benefits, to our CEO and chairman, compared to $0 for the nine months ended May 31, 2025.

 

As of May 31, 2026, the Company had a balance outstanding payable to two directors: Gabriel Yariv and Eyal Barad in the total of $1,213,166.

 

During the nine months ending May 31, 2026, the Company paid $35,575 as compensation to our CFO compared to $28,036 for the nine months ending May 31, 2025.

 

As of May 31, 2026, the Company had a balance outstanding payable to CFO in the total of $2,341.

 

During the nine months ended May 31, 2026 and 2025, the Company has not recorded a non-cash expense in share-based payment, to the company chairman, board members and advisor.

 

The Company had a balance outstanding on May 31, 2026 and at May 31, 2025 of $223,645 payable to Cannabics, Inc. The advance is due on demand and bears no interest.