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Cannabis Suisse Corp. (CSUI): material weakness open at least 2,342 days

By Russell Tomoum, Ctrl Worx™. Built from its own SEC filings. How the Clock works.

Cannabis Suisse Corp. reported ineffective internal control over financial reporting because of a material weakness in 29 filings since Jan 19, 2021. The latest was its 10-Q for the period ended Aug 31, 2026.

Checked against SEC EDGAR: Oct 29, 2026 · Entry #11267

Causes the company named

ITGC: general · 29Entity-level and governance · 29Segregation of duties · 22Accounting expertise and resources · 11

Inadequate control environment, governance, segregation of duties, accounting expertise, and IT data backup procedures.

What the latest filing says

Based on the evaluation of these disclosure controls and procedures, and in light of the material weaknesses found in our internal controls over financial reporting, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures were not effective. A material weakness is a deficiency, or combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Company’s annual or interim financial statements will not be prevented or detected on a timely basis. In its assessment of the effectiveness of internal control over financial reporting as of August 31, 2026, the Company determined that there were control deficiencies that constituted material weaknesses, as described below. 1.We do not have an adequate control environment or proper corporate governance - We have no risk assessment, information or communication, or monitoring processes in place and have no policies that require formal written approval for related party transactions. Additionally, the [...]

From the controls section of the 10-Q filed Oct 15, 2026. Read the full filing on SEC EDGAR.

Company response: Cannabis Suisse Corp. can send a statement or a link to its remediation update to russell@ctrlworx.com. We post it here, unedited and dated.

Filings

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Based on public SEC filings. Causes are grouped into standard categories by Ctrl Worx. The filings are the authority. Ctrl Worx is not affiliated with Cannabis Suisse Corp. or the SEC. Not investment advice. Why you can rely on the Watch List.