Greater Cannabis CEO reports preferred holdings
Greater Cannabis Company, Inc. director, CEO, Chairman and more-than-10% owner Porfirio Sanchez Talavera reported his initial beneficial holdings.
Accepted by SEC EDGAR
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Form Type
3
Rhea-AI Filing Summary
Greater Cannabis Company, Inc. director, CEO, Chairman and more-than-10% owner Porfirio Sanchez Talavera reported his initial beneficial holdings. He indirectly holds 1,000 shares of Series B Preferred Stock and 7,628,665 shares of Series A Preferred Stock through Trafalgar Asset Management, LLC as of June 29, 2026.
Insider Trade Summary
Holdings reported, no transactions
Holdings
Insider
Sanchez Talavera Porfirio
Role
CEO, Chairman of the Board
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Series A Preferred Stock F1 | -- | -- | -- |
| Holding | Series B Preferred Stock F1 | -- | -- | -- |
Holdings:
Series A Preferred Stock — 7,628,665 shares (Indirect, see footnote);
Series B Preferred Stock — 1,000 shares (Indirect, see footnote)
Footnotes (1)
- F1. Held by Trafalgar Asset Management, LLC, a Delaware limited liability company owned and controlled by Porfirio Sanchez Talavera
Key Figures
Series A Preferred Stock holdings: 7,628,665 shares
Series B Preferred Stock holdings: 1,000 shares
Holding entries reported: 2
3 metrics
Series A Preferred Stock holdings
7,628,665 shares
Indirect beneficial ownership reported as of June 29, 2026
Series B Preferred Stock holdings
1,000 shares
Indirect beneficial ownership reported as of June 29, 2026
Holding entries reported
2
Number of preferred stock classes reported as indirectly owned
Key Terms
Series A Preferred Stock, Series B Preferred Stock, indirect ownership, limited liability company
4 terms
Series A Preferred Stock financial
"Indirect holdings of 7,628,665 shares of Series A Preferred Stock are reported"
Series A preferred stock is a type of ownership share in a company that gives investors certain advantages, such as priority in receiving profits or getting their money back if the company is sold or goes bankrupt. It is often issued during early funding stages to attract investors by offering more security than common shares. This stock matters to investors because it provides a safer way to invest while still holding potential for future gains.
Series B Preferred Stock financial
"Indirect holdings of 1,000 shares of Series B Preferred Stock are reported"
Series B preferred stock is a type of ownership share issued by a company that offers certain advantages over common stock, such as priority in receiving dividends or assets if the company is sold or liquidated. It is typically issued after an initial round of funding, making it a way for investors to support a company's growth while gaining some protections and benefits. This stock matters to investors because it often provides a more secure investment position with potential for future growth.
indirect ownership financial
"The securities are reported as indirect ownership held through Trafalgar Asset Management, LLC"
limited liability company financial
"Held by Trafalgar Asset Management, LLC, a Delaware limited liability company"
A limited liability company (LLC) is a business structure that separates the owners’ personal assets from the company’s debts and legal obligations, like a protective shield that keeps personal savings and property distinct from business risk. For investors, that protection reduces personal financial exposure and often brings flexible rules for profit sharing and taxes, but it can also affect how easily interests are bought or sold and how decisions are made.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the GCAN insider ownership report show for Porfirio Sanchez Talavera?
Porfirio Sanchez Talavera reports indirect beneficial ownership of Series A and Series B Preferred Stock of Greater Cannabis Company, Inc., held through Trafalgar Asset Management, LLC, which he owns and controls. This establishes his starting ownership position as a key executive and major holder.
Is the GCAN Form 3 a buy or sell transaction for Porfirio Sanchez Talavera?
The report does not record any buys or sells; it is an initial statement of beneficial ownership. It lists existing indirect holdings in Series A and Series B Preferred Stock, rather than reporting new market transactions or changes in his overall position.
What roles does Porfirio Sanchez Talavera hold at Greater Cannabis Company, Inc. (GCAN)?
He is reported as CEO, Chairman of the Board and a more-than-10% owner of Greater Cannabis Company, Inc. This combination of executive, board leadership and ownership roles underscores his significant influence over the company’s management and strategic direction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
