Crucial Innovations (CINV) Financial Report Summaries

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New words: absence, agent, alongside, amortized, annum, arrangement, attract, average, award, Bearded, bearing, British, broadly, Budz, Cannabudgrow, case, CCP, Circle, claim, component, conflict, continental, counsel, creditor, Crop, Deed, defense, discontinuation, discontinue, Dispensary, duration, employee, encouraging, endorse, enhance, entertainer, entirety, equal, equivalent, exclusive, exempt, exercise, exercised, expire, extent, fact, fall, fee, Fifty, formulating, fullest, genetic, hereinafter, holder, Hundred, imputed, Incentive, indemnification, indemnitee, input, Inspire, institutional, joint, jointly, Jumpstart, Kg, law, lieu, lower, maximum, minimum, Mir, month, multiplied, musician, negotiating, optimizing, paragraph, partnership, person, Pharma, pharmacy, Pound, previously, procurement, producing, production, promote, proprietary, quantity, question, raw, request, resume, retain, ROU, serving, solicitation, strategic, subscription, superseded, terminate, termination, Territory, unaffiliated, underwriting, undesignated, unreasonably, unrelated, unrestricted, Usman, vendor, venture, view, weighted, whichever, withheld, WLR

Removed: accretion, ASU, Eco, embedded, fixed, incorporation, incur, longer, occurred, organization, registrant, repay, Rule, smaller, specifically, submitted, trade

From filing 10-Q 2024 Q1

Financial report summary

Management Discussion

Crucial Innovations Corp. (collectively with our subsidiary, “we,” “us,” “our,” “CINV” or the “Company”), a Nevada corporation, was formed on February 28, 2018. We were initially engaged in the business of English language tutoring over the Internet. However, we were not able to execute our original business plan, develop significant operations or achieve commercial sales. In May 2023, we determined to change our business to become a supplier and distributor of medical cannabis in Europe, and signed an agreement to acquire a grower of medical cannabis and associated real property in South Africa. During the first quarter of 2024, we paid a partial payment toward this acquisition, and subsequently made additional payments during 2024 and 2025 (See Subsequent Events below).