PEICMC Annual Report 2026

PRINCE EDWARD ISLAND CANNABIS MANAGEMENT CORPORATION Statement of Financial Position Year Ended March 31, 2026

2026

2025

ASSETS

Current

Cash Accounts receivable (Note 5) Inventory (Note 6) Prepaid expense

$2,799,275 265,698 2,145,102 4,347

$1,632,193 273,694 2,961,836 1,865 4,869,588 3,137,968

5,214,422 3,593,385

Property and equipment (Schedules 1 and 2)

$8,807,807

$8,007,556

LIABILITIES

Current Accounts payable and accrued liabilities (Note 7) Deferred revenue Due to the Province of Prince Edward Island (Note 8) Current portion of lease liabilities (Note 9)

$2,625,389 25,909

$3,197,907 20,965 4,062,277 238,800

4,016,710 238,800

6,906,808 1,100,748

7,519,949 1,287,858

Lease liabilities (Note 9)

$8,007,556

$8,807,807

Contractual obligations (Note 10)

On behalf of the Board _____________________________ Chair _____________________________ Director Notes 1 - 18 are an integral part of these financial statements

28 | PEICMC 2025-2026 Annual Report