Board Change • Apr 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Member of Advisory Board Todd Shapiro was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Feb 07
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Member of Advisory Board Todd Shapiro was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Jan 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Member of Advisory Board Todd Shapiro was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Nov 28
Third quarter 2024 earnings released: EPS: CA$0 (vs CA$0 in 3Q 2023) Third quarter 2024 results: EPS: CA$0 (in line with 3Q 2023). Revenue: CA$113.7k (down 13% from 3Q 2023). Net loss: CA$21.2k (loss narrowed 70% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Board Change • Nov 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Member of Advisory Board Todd Shapiro was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Nov 05
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Member of Advisory Board Todd Shapiro was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Sep 13
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Member of Advisory Board Todd Shapiro was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. New Risk • Aug 28
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$13k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$13k free cash flow). Shares are highly illiquid. Negative equity (-CA$529k). Revenue is less than US$1m (CA$449k revenue, or US$334k). Market cap is less than US$10m (CA$1.40m market cap, or US$1.04m). Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: CA$0 (vs CA$0.001 loss in 2Q 2023) Second quarter 2024 results: EPS: CA$0 (improved from CA$0.001 loss in 2Q 2023). Revenue: CA$128.0k (up 13% from 2Q 2023). Net loss: CA$22.5k (loss narrowed 89% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings. Board Change • Aug 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. Member of Advisory Board Todd Shapiro was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Jul 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Member of Advisory Board Todd Shapiro was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Jun 10
The Hash Corporation, Annual General Meeting, Aug 19, 2024 The Hash Corporation, Annual General Meeting, Aug 19, 2024. Reported Earnings • May 03
Full year 2023 earnings released: CA$0.001 loss per share (vs CA$0.005 loss in FY 2022) Full year 2023 results: CA$0.001 loss per share (improved from CA$0.005 loss in FY 2022). Revenue: CA$554.0k (down 31% from FY 2022). Net loss: CA$420.0k (loss narrowed 70% from FY 2022). Board Change • Mar 06
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Member of Advisory Board Todd Shapiro was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Dec 01
Third quarter 2023 earnings released: EPS: CA$0 (vs CA$0.001 loss in 3Q 2022) Third quarter 2023 results: EPS: CA$0 (improved from CA$0.001 loss in 3Q 2022). Revenue: CA$131.1k (up 241% from 3Q 2022). Net loss: CA$71.2k (loss narrowed 74% from 3Q 2022). Board Change • Nov 24
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Member of Advisory Board Todd Shapiro was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 23
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Member of Advisory Board Todd Shapiro was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 02
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Member of Advisory Board Todd Shapiro was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 20
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: CA$113.1k (down 70% from 2Q 2022). Net loss: CA$211.4k (loss narrowed 32% from 2Q 2022). Board Change • Apr 24
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Member of Advisory Board Todd Shapiro was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 06
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Member of Advisory Board Todd Shapiro was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 07
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Member of Advisory Board Todd Shapiro was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 19
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Member of Advisory Board Todd Shapiro was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jun 02
The Hash Corporation announced that it expects to receive CAD 0.5 million in funding The Hash Corporation announced a non-brokered private placement offering convertible debentures for gross proceeds of up to CAD 500,000 on May 31, 2022. Each debenture to be issued in the principal amount of CAD1,000, bearing interest at a rate of 3%, and maturing on the date that is 12 months from the date of closing of the transaction. The principal sum of the debentures, or any portion thereof, will entitle the holder thereof to acquire one common share in the company at the price of CAD 0.05 per common share on conversion. And additional consideration, the company has agreed to pay the holders of the debentures CAD 0.20 per gram in retail sales of their products, as a royalty, until 57% of the principal amount of their debenture. All securities issued in connection with the financing are subject to a four-month plus one day from the date of issuance, in accordance with applicable securities legislation. The transaction may participation certain directors, officers, and insiders of the company. Board Change • Apr 28
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Member of Advisory Board Todd Shapiro was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 06
The Hash Corporation Announces Ontario Cannabis Store Product Listings The Hash Corporation announced that has received product listings from the Ontario Cannabis Store ("OCS") for its craft-style Gold Seal Hash and Cold Tumbled Resin. The two high quality nostalgic hash products are now available online at ocs.ca and through an expanding number of Ontario retail locations. OCS is the largest provincial distributor of cannabis products in Canada, the only regulated online retailer of adult-use cannabis products in Ontario, and a wholesaler of cannabis products to all licensed retailers in the province. Wholly owned by the Province of Ontario, OCS works with Licensed Producers authorized by Health Canada. All Ontario retailers purchase their product inventory through the OCS. Announcement • Jan 26
The Hash Corporation and Fritz's Cannabis Company Partner to Bring Hash Rosin Gummies to Ontario Consumers for the First Time The Hash Corporation announced that its new co-branded product with Fritz's Cannabis Company has received a listing from the Ontario Cannabis Store. Developed from years of legacy market experience, Fritz’s HashCo Hash Rosin Gummies bring together a classic flavour combination with the full-spectrum effects of hash rosin for a delightful experience. Fritz’s makes the gummies using traditional German confectionary methods with low heat to ensure maximum terpene levels in the final product. Handcrafted in small batches, these 5mg gummies provide a strong, yet enjoyable cannabis taste, with minimal aftertaste and delightful effects. 
