---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-019751"
form_type: "8-K"
ticker: "GCAN"
cik: "0001695473"
company_name: "Greater Cannabis Company, Inc."
filed_at: "2025-10-27T23:59:59+00:00"
generated_at: "2026-05-17T02:11:52.864106+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# GCAN files Series B Preferred Stock giving CEO Aitan Zacharin 51% voting control

## Summary
- Created 1,000 Series B Convertible Preferred Shares with 51% total voting power.
- Issued to CEO Aitan Zacharin in exchange for waiving $20,000 in accrued unpaid compensation.
- Each Series B share converts into 100,000 common shares, subject to anti-dilution adjustments.
- Series B has no dividend rights; liquidation preference of $0.001 per share.
- Super-voting rights terminate if converted or transferred to a third party.

## SEC filing metadata
- accession: 0001493152-25-019751
- form_type: 8-K
- ticker: GCAN
- cik: 0001695473
- company_name: Greater Cannabis Company, Inc.
- filed_at: 2025-10-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1695473/000149315225019751/0001493152-25-019751-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1695473/000149315225019751/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-019751
- JSON: https://secwatch.observer/filing/0001493152-25-019751.json
- Plain text: https://secwatch.observer/filing/0001493152-25-019751.txt

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