other material
confidence high
sentiment negative
materiality 0.50
Greater Cannabis Company, Inc. (GCAN): auditor change — Greater Cannabis replaces auditor; prior audit includes going concern doubt
Greater Cannabis Company, Inc.
- Board terminated Olayinka Oyebola & Co. on March 6, 2025; engaged Aloba Awomolo & Partners same day.
- No disagreements or reportable events occurred with former auditor; unanimous board approval March 5.
- Olayinka's 2023 audit report included explanatory paragraph on substantial doubt about going concern.
- Company did not consult new auditor on accounting principles or disagreements prior to engagement.