Cannabis Suisse Corp (OTC Pink: CSUI) is a shell-stage company that leases real estate properties and attempts to generate rental income from subleasing. Revenue is described in the FY2025 10-K (filed September 12, 2025) as "very limited revenue from renting," with no disclosed revenue figures. The company leases four properties from entities controlled by its CEO, one used as an office and the others held for sublease. Total operating expenses for the fiscal year ended May 31, 2025, were $288,445, consisting of professional fees of $55,547, depreciation of $4,244, and general and administrative expenses of $228,654. The company carries a stockholders' deficit, has no bank account, has no employees, and its auditors issued a going-concern opinion as of May 31, 2024. Common stock trades on the OTC Pink tier under the symbol CSUI. Voting control is concentrated with the sole director and CEO, who also serves part-time as CFO and funds expenses through a personal escrow account.

Revenue model

Rental income from subleasing real estate properties leased from CEO-controlled entities. Revenue is described as "very limited" in the FY2025 10-K; no specific revenue dollar amount is disclosed in the filing excerpts.

Products and services

Sublease of real estate properties. As of the FY2025 10-K filing, the company leases four properties, including one at 2502 Blanding Blvd, Jacksonville, FL 32210, held under a five-year lease from February 2024 to January 2029.

Customers and end markets

Subtenants of leased real estate properties. No customer names, counts, or concentration data are disclosed in the filing excerpts.

Value-chain role

Intermediary real estate lessee and sublessor. The company leases properties from CEO-controlled entities and subleases them to generate rental income.

Geographic exposure

Jacksonville, Florida, based on the one identified property address (2502 Blanding Blvd, Jacksonville, FL 32210) disclosed in the FY2025 10-K.

Source: SEC 10-K, filed 2025-09-12

Industry: Real Estate