CANNABIS GLOBAL, INC. Management's Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q)

These statements may be found under “Management’s Discussion and Analysis of Financial Condition and Results of Operations” as well as in this Form 10-Q generally. These licenses allow NPE to distribute cannabis products in the State of California . NLD has a California cannabis distribution agreement allowing it to distribute cannabis and cannabis products in California . Interest expenses for the financial period ending November 30, 2021 were $1,255,486 compared to $772,775 for the financial period ending November 30, 2020 . As of November 30, 2021 , the obligation was completed with the month-to-month contact ending in that date.