v3.20.1

Condensed Consolidated Statements of Operation (Unaudited) - USD ($) | 3 Months Ended
--- | ---
Mar. 31, 2019 | Mar. 31, 2018
Income Statement [Abstract] |  |
REVENUES | $ 10,391 |
COST OF SALES | 436,403 |
GROSS PROFIT | (426,012) |
General and administrative expenses | 103,212 | 38,301
Depreciation expense | 28,465 |
Total operating expense | 131,677 | 38,301
Loss from operations | (557,689) | (38,301)
OTHER INCOME (EXPENSES) |  |
Interest expense and amortization of debt discount | (1,021,424) | (280,784)
Change in fair value of derivative liability | (314,569) | 4,172,029
Impairment loss on cryptocurrency | (6,189) |
Fixed assets write-off |  | (498)
Gain (loss) on extinguishment of debt | (198,403) | 137,054
Total other income (expense) | (1,540,585) | 4,027,801
NET INCOME (LOSS) | (2,098,274) | 3,989,500
Less: Income (loss) attributable to non-controlling interest | (422,375) |
Net income (loss) attributable to Canna Corp shareholders | $ (1,675,899) | $ 3,989,500
Net income (loss) per share applicable to common stockholders - basic | $ (0.01) | $ 0.16
Net income (loss) per share applicable to common stockholders - diluted | $ (0.01) | $ 0.00
Weighted average number of common shares outstanding - basic | 124,136,135 | 24,817,133
Weighted average number of common shares outstanding - diluted | 124,136,135 | 991,333,336

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