ORGANIZATION AND DESCRIPTION OF BUSINESS |
9 Months Ended |
|---|---|
May 31, 2017 | |
| Organization And Description Of Business [Abstract] | |
| ORGANIZATION AND DESCRIPTION OF BUSINESS |
NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS
ARTELO BIOSCIENCES, INC. (the "Company") is a Nevada corporation incorporated on May 2, 2011. It is based in La Jolla, California, USA. The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America, and the Company's fiscal year end is August 31.
Effective on February 10, 2017, the Company changed its name from "KNIGHT KNOX DEVELOPMENT CORP.," to "REACTIVE MEDICAL INC." On April 14, 2017, the Company changed its name from “REACTIVE MEDICAL INC.” to ARTELO BIOSCIENCES, INC.
In May 2017, the Company registered a fully owned subsidiary in Ireland, Trinity Reliant Ventures Limited. No operations in the subsidiary have occurred up to May 31, 2017.
The Company intends to license, develop and commercialize novel cannabinoid therapeutic treatments. To date, the Company's activities have been limited to its formation and the raising of equity capital. |