SECURITIES AND EXCHANGE COMMISSION
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
of Report (Date of earliest event reported)
Greater Cannabis Company, Inc.
Name of Registrant as Specified in Charter)
or other jurisdiction
Walker Ave, Suite 101
Baltimore, MD 21208
of Principal Executive Offices)
telephone number, including area code)
Name or Former Address, if Changed Since Last Report.)
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below):
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)|
||Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)|
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))|
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))|
registered pursuant to Section 12(b) of the Act:
|Title of each class
||Name of each exchange
on which registered|
used in this Current Report on Form 8-K (this “Current Report”), and unless otherwise indicated, the terms “the
Company,” “GCAN,” “we,” “us” and “our” refer to
The Greater Cannabis Company, Inc. and it subsidiaries.
in Registrant’s Certifying Accountant.|
of engagement of Michael T. Studer CPA P.C.
On August 1, 2021, the Company ended the engagement of Michael T. Studer CPA P.C. (“Studer”) as GCAN’s
independent registered public accounting firm. The decision to end the engagement of Studer was approved by unanimous written consent
of the Company’s board of directors on August 1, 2021.
The reports of Studer on the Company’s consolidated financial statements for the years ended December 31, 2020 and December
31, 2019, did not contain any adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit
scope or accounting principles, except that such reports on the Company’s consolidated financial statements contained an
explanatory paragraph in respect to the substantial doubt about its ability to continue as a going concern.
During the Company’s two most recent fiscal years ended December 31, 2020 and December 31, 2019, and the subsequent interim
period through the date of this Current Report, (a) there have been no disagreements with Studer, whether or not resolved, on any
matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which, if not resolved
to the satisfaction of Studer, would have caused Studer to make reference to the subject matter of the disagreement in connection
with its reports; (b) no such disagreement was discussed with our board of directors as a whole; and (d) there have been no
“reportable events” as defined in Item 304(a)(1)(v) of Regulation S-K.
Studer has provided us with a letter addressed to the Securities and Exchange Commission (the “SEC”) stating it
agrees with the statements in part (a) of Item 4.01 of this Current Report. A copy of the letter is filed concurrently
herewith as Exhibit 16.1.
of Fruci & Associates, PS
Effective August 1, 2021, GCAN engaged Fruci & Associates, PS (“Fruci”)
as its independent public registered accounting firm. The engagement of Fruci was approved by the unanimous written consent of the Company’s
board of directors on August 1, 2021.
During the Company’s two most recent fiscal years ended December 31, 2020 and December 31, 2019, and the subsequent interim period
through the date of this Current Report, we did not consult with Fruci regarding either (a) the application of accounting principles
to any specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on our financial statements;
or (b) any matter that was either the subject of a disagreement or a “reportable event” as defined in Item 304(a)(1)(iv)
and (v) of Regulation S-K.
Statements and Exhibits.|
to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
THE GREATER CANNABIS COMPANY, INC.
a Florida corporation
|Dated: August 4, 2021
||/s/ Aitan Zacharin|
||Chief Executive Officer|