Greater Cannabis Company Appoints Officers; Name Change & 1-for-5 Reverse Split

What Happened

• On July 29, 2026, Greater Cannabis Company, Inc. (GCAN) announced by unanimous board consent the appointment of Carlos Septién, Michelle Cervantes Vivanco and Ernesto Gómez Berjón as additional directors and, respectively, Chief Operating Officer, Chief Financial Officer and Chief Growth Officer. The appointments are tied to the company’s acquisition of control by Trafalgar Asset Management, LLC and related strategic business combination initiatives and will become effective after the 10‑day notice period under Section 14(f) of the Exchange Act following mailing of an Information Statement on Schedule 14F‑1.
• The board also approved an Articles of Amendment to change the company’s name to Trafalgar International, Inc. and to implement a one‑for‑five (1‑for‑5) reverse stock split of the company’s issued and outstanding common stock (with fractional shares rounded up). The Articles of Amendment and an Amended and Restated Bylaws were adopted and management was authorized to file the amendment with the Florida Department of State and to submit the corporate action to FINRA for processing (including a trading symbol change). Porfirio Sanchez Talavera will continue as CEO and Chairman until the director appointments become effective.

Key Details

• Date: Board actions approved July 29, 2026; director appointments effective after the 10‑day Rule 14f‑1 notice period following mailing of Schedule 14F‑1.
• New officers/directors: Carlos Septién (Director & COO), Michelle Cervantes Vivanco (Director & CFO), Ernesto Gómez Berjón (Director & Chief Growth Officer).
• Corporate actions: Name change to Trafalgar International, Inc.; one‑for‑five (1‑for‑5) reverse stock split of common stock (fractional shares rounded up).
• Governance: Amended and Restated Bylaws adopted; management authorized to file Articles of Amendment with Florida and to submit required materials to FINRA, OTC Markets and regulators. No current compensation arrangements for the new officers/directors were reported.

Why It Matters

• Governance and leadership: The filings signal a board and management transition tied to Trafalgar’s control of the company and its strategic combination initiatives. New senior officers come from the Trafalgar group and have extensive experience in Mexican banking, fintech and financial services, which may shape the company’s strategic direction.
• Share structure and trading: The 1‑for‑5 reverse split will materially change the per‑share structure (reducing outstanding common shares on a 1‑for‑5 basis, subject to rounding rules) and the company will change its corporate name and likely its trading symbol once FINRA and other regulatory processes are complete. The company will announce effective dates after regulatory processing is finished.
• Immediate investor actions: Investors should watch for the mailed Schedule 14F‑1 (start of the 10‑day period), the filing date of the Articles of Amendment, the FINRA corporate action notice and the company’s announcement of effective dates for the name change, reverse split and ticker change.