| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) | 12 Months Ended |
| May 31, 2021 |
| Accounting Policies [Abstract] | |
| Basis of presentation and consolidation | Basis of presentation and consolidation The accompanying consolidated financial statements
have been prepared in accordance with accounting principles generally accepted in the United States of America, (GAAP). The Company’s
year-end is May 31. The consolidated financial statements include the accounts of the Company and its former wholly-owned subsidiary,
Cannabis Suisse LLC, through the date of disposal (see Note 4). All significant inter-company accounts and transactions have been eliminated
in consolidation. |
| Use of Estimates | Use of Estimates The preparation of financial statements in conformity
with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure
of contingent assets and liabilities at the date the financial statements and the reported amount of revenues and expenses during the
reporting period. Actual results could differ from those estimates. |
| Cash | Cash
and Cash E ui v lents T e
C m a c nsi ers
all i ly li i inves m e ts
wit t e ori i a m ritie o thre m t les to s e q i a le t |
| Accounts Receivable | Accounts Receivable The Company records accounts receivable at the time
products and services are delivered. An allowance for losses is established through a provision for losses charged to expenses. Receivables
are charged against the allowance for losses when management believes collectability is unlikely. The allowance (if any) is an amount
that management believes will be adequate to absorb estimated losses on existing receivables, based on evaluation of the collectability
of the accounts and prior loss experience. The allowance for doubtful accounts was $0 as of May 31, 2021 and 2020. |
| nventories | I nventories Inventories are stated at the lower of cost or market.
The Company had $1,734 and $58,061 in inventory as of May 31, 2021 and 2020, respectively. The Company also determines a reserve for excess
and obsolete inventory based on historical usage, and projecting the year in which inventory will be consumed into a finished product.
The valuation of inventories requires management to make significant assumptions, including the assessment of market value by inventory
category considering historical usage, future usage and market demand for their products, and qualitative judgments related to discontinued,
slow moving and obsolete inventories. The Company had $0 and $5,936 in reserve for excess and obsolete inventory as of May 31, 2021 and
2020, respectively. The Company had $0 and $9,408 of work in progress
(WIP) inventory as of May 31, The following table sets out a breakdown of the inventory
May 31, 2021 May 31, 2020
Raw materials $ 1,734 $ 26,768
Finished goods - 27,821
Work in Process inventory - 9,408
Reserve for inventory - (5,936)
Total Inventory, net $ 1,734 $ 58,061 14 CANNABIS SUISSE CORP. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS MAY 31, 2021 and 2020 |
| Property and equipment | Property and equipment Property and equipment are carried at cost less accumulated
depreciation. Depreciation is provided over the assets’ estimated useful lives, using the straight-line method. Estimated useful
lives of the plant and equipment are as follows: Equipment, Furniture and fixtures 5-10 years Office machines, IT equipment 5-10 years Leasehold Improvements 2-5 years The cost and related accumulated depreciation of assets
sold or otherwise retired are eliminated from the accounts and any gain or loss is included in the consolidated statements of operations
and comprehensive loss. The cost of maintenance and repairs is charged to the consolidated statements of operations and comprehensive
loss as incurred, whereas significant renewals and betterments are capitalized. |
| mpairment | I mpairment We evaluate the impairment of long-lived assets whenever
events or changes in circumstances indicate that the carrying amount may not be recoverable. Our evaluation is based on an assessment
of potential indicators of impairment, such as an adverse change in the business climate that could affect the value of an asset, current
or forecasted operating or cash flow losses that demonstrate continuing losses associated with the use of an asset, and a current expectation
that, more likely than not, an asset will be disposed of before the end of its previously estimated useful life. Recoverability of assets
to be held and used is measured by a comparison of the carrying amount of an asset to future undiscounted net cash flows expected to be
generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which
the carrying amount of the assets exceeds the fair value of the assets. Assets to be disposed of are reported at the lower of the carrying
amount or fair value less costs to sell. During the years ended May 31, 2021 and 2020, the
Company recognized an impairment of intangibles in the amount of $0 and $37,912, respectively. |
| Fair Value of Financial Instruments | Fair Value of Financial Instruments Accounting Standards Codification (“ASC”) 820
Fair Value Measurements and Disclosures These tiers include:
Level 1: defined as observable inputs such as quoted prices in active markets;
Level 2: defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and
Level 3: defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions. The carrying value of the Company’s cash, other current assets, accounts
payable, accrued expenses and advances from related parties approximates its fair value due to their short-term maturity. The Company
has derivatives that are measured at level 3. The derivatives may require appropriate valuation adjustments that a market participant
would require to arrive at fair value. |
| Derivatives | Derivatives Derivative instruments are recognized in the Consolidated
Financial Statements at fair value. Where the Company has entered into master netting agreements with counterparties, the derivative positions
are netted by counterparties and are reported accordingly in other assets or other liabilities. Changes in the fair value of derivative
instruments are recognized in earnings each period, unless the derivative is designated and qualifies as a cash flow or net investment
hedge. |
| Income Taxes | Income Taxes The Company accounts for its income taxes in accordance
with ASC 740, Income Taxes 15 CANNABIS SUISSE CORP. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS MAY 31, 2021 and 2020 |
| Revenue Recognition | Revenue Recognition The Company recognizes revenue in accordance with
Accounting Standards Update (ASU) 2014-09, “Revenue from contracts with customers” The Company applies the following five-step model
in order to determine this amount: (i) identification of the promised goods in the contract; (ii) determination of whether the promised
goods are performance obligations, including whether they are distinct in the context of the contract; (iii) measurement of the transaction
price, including the constraint on variable consideration; (iv) allocation of the transaction price to the performance obligations; and
(v) recognition of revenue when (or as) the Company satisfies each performance obligation. The Company only applies the five-step model to contracts
when it is probably that the entity will collect the consideration it is entitled in exchange for the goods or services it transfers to
the customer. Once a contract is determined to be within the scope of ASC 606 at contract inception, the Company reviews the contract
to determine which performance obligations the Company must deliver and which of these performance obligations are distinct. The Company
recognizes as revenues the amount of the transaction price that is allocated to the respective performance obligation when the performance
obligation is satisfied or as it is satisfied. Generally, the Company’s performance obligations are transferred to customers at
a point in time, typically upon delivery. |
| Cost of Goods Sold | Cost of Goods Sold Cost of goods sold includes direct costs of selling
items, direct labor cost, rent expense and electricity. |
| Leases | Leases The Company determines if an arrangement is a lease
at inception. Operating leases are included in operating lease right-of-use (“ROU”) assets, other current liabilities, and
operating lease liabilities in our consolidated balance sheets. Finance leases are included in property and equipment, other current liabilities,
and other long-term liabilities in the consolidated balance sheets. ROU assets represent the right to use an underlying
asset for the lease term and lease liabilities represent the obligation to make lease payments arising from the lease. Operating lease
ROU assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. As most
of the leases do not provide an implicit rate, The Company generally use the incremental borrowing rate based on the estimated rate of
interest for collateralized borrowing over a similar term of the lease payments at commencement date. The operating lease ROU asset also
includes any lease payments made and excludes lease incentives. Lease expense for lease payments is recognized on a straight-line basis
over the lease term. |
| Basic Income (Loss) Per Share | Basic Income (Loss) Per Share The Company computes income (loss) per share in accordance
with ASC 260 Earnings per Share |
| Foreign Currency Translation | Foreign Currency Translation Assets and liabilities of the Company’s Swiss
subsidiary are translated from Swiss francs to United States dollars at exchange rates in effect at the balance sheet date. Income and
expenses are translated at average exchange rates during the period. The translation adjustments for the reporting period are included
in the Company’s consolidated statements of operations and comprehensive loss, and the cumulative effect of these adjustments are
reported in the Company’s consolidated balance sheets as accumulated other comprehensive loss within stockholders’ deficit. |
| Recent Accounting Pronouncements | Recent Accounting Pronouncements There have been no recent accounting pronouncements
or changes in accounting pronouncements during the year ended May 31, 2021 that are of significance or potential significance to the Company. |
