v3.19.2

Consolidated Statements of Operations - USD ($) | 12 Months Ended
--- | ---
Dec. 31, 2018 | Dec. 31, 2017
Income Statement [Abstract] |  |
REVENUES | $ 1,075,153 |
COST OF SALES | 731,530 |
GROSS PROFIT | 343,623 |
General and administrative expenses | 1,236,706 |
Depreciation expense | 28,722 |
Total operating expense | 1,265,428 |
Loss from operations | (921,805) |
OTHER INCOME (EXPENSES) |  |
Interest expense and amortization of debt discount | (790,803) | (77,539)
Beneficial conversion feature and derivative interest | (5,536,110) | (372,697)
Change in fair value of derivative liability | 8,255,968 | (3,864,796)
Cryptocurrency impairment | (49,275) |
Fixed asset write-off | (498) |
Gain on extinguishment of debt | 137,054 |
Gain (loss) on fixed assets | 388 |
Contingency loss | (83,000) |
Total other income (expense) | 1,933,724 | (4,315,032)
Income (Loss) from continuing operations | 1,011,919 | (4,315,032)
Income (Loss) from discontinued operations |  | (355,341)
NET INCOME (LOSS) | 1,011,919 | (4,670,373)
Less: Income (loss) attributable to non-controlling interest | (305,209) |
Net income (loss) attributable to Canna Corporation shareholders | $ 1,317,128 | $ (4,670,373)
Net income (loss) per share applicable to common stockholders - basic (continuing operations) | $ 0.02 | $ (1.50)
Net income (loss) per share applicable to common stockholders - basic (discontinued operations) | (0.00) | (0.12)
Net income (loss) per share applicable to common stockholders - diluted (continuing operations) | 0.00 | (1.50)
Net income (loss) per share applicable to common stockholders - diluted (discontinued operations) | $ 0.00 | $ (0.12)
Weighted average number of common shares outstanding - basic | 60,132,861 | 2,885,798
Weighted average number of common shares outstanding - diluted | 1,079,444,970 | 2,885,798

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