---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-017277"
form_type: "8-K"
ticker: "GCAN"
cik: "0001695473"
company_name: "Greater Cannabis Company, Inc."
filed_at: "2022-06-21T23:59:59+00:00"
generated_at: "2026-06-25T00:27:45.636511+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# GCAN amends convertible note conversion price to $0.001 for up to $100k

## Summary
- Conversion price set at $0.001 per share for up to $100,000 in principal and interest under a $272,500 note.
- Amendment effective May 27, 2022; filed June 19, 2022.
- Note originally issued June 28, 2021 to FirstFire Global Opportunities Fund LLC.
- Amends Securities Purchase Agreement dated March 11, 2021, as previously amended.

## SEC filing metadata
- accession: 0001493152-22-017277
- form_type: 8-K
- ticker: GCAN
- cik: 0001695473
- company_name: Greater Cannabis Company, Inc.
- filed_at: 2022-06-21T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1695473/000149315222017277/0001493152-22-017277-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1695473/000149315222017277/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-017277
- JSON: https://secwatch.observer/filing/0001493152-22-017277.json
- Plain text: https://secwatch.observer/filing/0001493152-22-017277.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.