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Trafalgar Asset Management acquires voting control of Greater Cannabis Company, appoints new CEO
Trafalgar Asset Management purchased 100% of Series A and Series B preferred stock, gaining 96.62% voting power as of June 29, 2026.
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GCAN files Series B Preferred Stock giving CEO Aitan Zacharin 51% voting control
Created 1,000 Series B Convertible Preferred Shares with 51% total voting power.
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Greater Cannabis delays reverse stock split effective date; 1:1500 split effective Oct 16, trading Oct 17
1-for-1500 reverse split effective after close Oct 16, 2025; trading on post-split basis starts Oct 17.
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Greater Cannabis implements 1-for-1,500 reverse stock split effective Oct 15, 2025
Outstanding shares reduced from 1,349,888,436 to approximately 900,256.
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GCAN issues 100M shares to CEO for $10K deferred salary
CEO Aitan Zacharin received 100,000,000 restricted shares on April 3, 2025.
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Greater Cannabis replaces auditor; prior audit includes going concern doubt
Board terminated Olayinka Oyebola & Co. on March 6, 2025; engaged Aloba Awomolo & Partners same day.
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Greater Cannabis Co. increases Series A Preferred voting power to 1.76 votes per share
Effective June 13, 2023, amended Articles to increase Series A Preferred voting power to 1.76 votes per share.
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GCAN replaces independent auditor Fruci with Olayinka Oyebola & Co effective Jan 25, 2023
Ended engagement of Fruci & Associates II, PLLC as independent auditor on January 25, 2023, approved by board.
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GCAN amends convertible note conversion price to $0.001 for up to $100k
Conversion price set at $0.001 per share for up to $100,000 in principal and interest under a $272,500 note.
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GCAN extends note maturities to April 2023, obtains default waiver from FFG
Extended maturity of two Convertible Promissory Notes (each $272,500 principal) to April 30, 2023.
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GCAN replaces auditor from Studer to Fruci effective August 1, 2021
Engagement of Michael T. Studer CPA P.C. ended August 1, 2021; no disagreements or reportable events reported.
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Greater Cannabis general counsel Mark Radom resigns; service agreement terminated
Mark Radom resigned as general counsel effective October 25, 2021, to pursue other opportunities.
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GCAN signs licensing/research deal with Shaare Zedek for cannabinoid therapy targeting neuropsychiatric disorders
Licensing covers novel cannabinoid therapeutic for autism, schizophrenia, Parkinson's, Alzheimer's, and other neuropsychiatric disorders.
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Greater Cannabis Company dismisses auditor Studer, appoints Fruci & Associates
Dismissed Michael T. Studer CPA P.C. as independent auditor effective August 1, 2021; no disagreements or reportable events.