For the quarter ending 2026-03-31, GCAN has $1,439 in assets. $776,464 in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash | 1,439 | 815 | 21,355 | 26,712 |
| Total current assets | 1,439 | 815 | 21,355 | 26,712 |
| Right of first refusal agreement cost (less accumulated amortization of 25,000 and 24,583) | - | - | - | 0 |
| Total assets | 1,439 | 815 | 21,355 | 26,712 |
| Accounts payable | 7,514 | 8,514 | 8,849 | 6,793 |
| Accrued interest | - | - | 80,400 | 81,332 |
| Notes payable to third parties | - | - | 13,775 | 14,157 |
| Accrued officers compensation | 500,350 | 470,350 | 460,350 | 430,350 |
| Note default penalties and interest | - | - | 306,323 | 306,323 |
| Loans payable to related parties | 268,600 | 263,600 | 260,000 | 260,000 |
| Total current liabilities and total liabilities | 776,464 | 742,464 | 1,129,697 | 1,098,955 |
| Preferred shares, value-Series AConvertible Preferred Stock | 9,112 | 9,112 | - | - |
| Preferred stock 19,000,000 shares authorized, .001 par valueseries a convertible preferred-issued and outstanding 9,111,998 and 9,111,998 shares, respectively | - | - | 9,112 | 9,112 |
| Preferred shares, value-Series BConvertible Preferred Stock | 1 | 1 | - | - |
| Common stock 2,000,000,000 shares authorized, .001 par value, as of march 31, 2026 and december 31, 2025, there are 944,935 shares outstanding, respectively | 1,349,933 | 1,349,933 | 1,349,889 | 1,349,889 |
| Additional paid-in capital | 2,891,262 | 2,891,262 | 2,862,371 | 2,862,371 |
| Accumulated deficit | -5,025,333 | -4,991,957 | -5,329,714 | -5,293,615 |
| Total stockholders (deficiency) | -775,025 | -741,649 | -1,108,342 | -1,072,243 |
| Total liabilities and stockholders (deficiency) | 1,439 | 815 | 21,355 | 26,712 |
Greater Cannabis Company, Inc. (GCAN)
Greater Cannabis Company, Inc. (GCAN)