XML 37 R15.htm IDEA: XBRL DOCUMENT v3.25.3
Related Party Transactions
12 Months Ended
Aug. 31, 2025
Related Party Transactions [Abstract]  
Related Party Transactions

Note 4 – Related Party Transactions 

 

During the year ended August 31, 2025, and August 31, 2024, the Company paid approximately $45,916 and $90,379 as compensation to our CEO and chairman.

 

During the year ended August 31, 2025 the Company accrued additional $91,743 in salaries, including socials benefits, to our CEO and chairman. compared to $335,913 for the year ended August 31, 2024.

 

As of August 31, 2025, the Company had a balance outstanding payable to our CEO and chairman: Gabriel Yariv and Eyal Barad in the total of $1,044,575 under related parties compared to $932,771 for the year ended August 31, 2024.

 

During the year ended August 31, 2025, and August 31, 2024, the Company paid approximately of $34,190 and $33,968 as compensation to our CFO.

 

During the year ended August 31, 2025 and 2024 the Company have not accrued salaries for directors’ services.

 

Cannabics Inc. (the parent company) balance as of August 31, 2025, and on August 31, 2024 was $223,645. The advance is due on demand and bears no interest.

 

During the year ended August 31, 2025, the Company didn't record a non-cash expense as share based payment, to the company chairman and board members, compared to $139,720 for the year ended August 31, 2024.