Current Report Filing (8-k)
March 30 2020 - 10:15AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported):
March 30, 2020
CANNA CORPORATION
(Exact name of registrant as specified in its
charter)
Colorado
|
000-55788
|
46-3289369
|
(State of Incorporation)
|
(Commission File Number)
|
IRS Employer ID No.
|
8358 West Oakland Park Blvd.
Suite 300
Sunrise, Florida 33323
(Address of Principal Executive Offices)
954-406-0750
(Registrant's Telephone Number including Area
Code)
Check 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:
[ ] Written
communications 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)
[ ] Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each Class
|
Trading Symbol
|
Name of each exchange on which registered
|
N/A
|
N/A
|
N/A
|
|
|
|
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company [X]
If an emerging growth company, indicate by
check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Canna Corp. (the “Company”) will be relying on the Securities
and Exchange Commission’s Order under Section 36 of the Securities Exchange Act of 1934 Granting Exemptions From Specified
Provisions of the Exchange Act and Certain Rules Thereunder dated March 25, 2020 (Release No. 34-88465) (the “Order”)
to delay the filing of its Annual Report on Form 10-K for the year ended December 31, 2019 (the “2019 10-K”) due to
the circumstances related to COVID-19. In particular, COVID-19 has caused disruptions to our daily business operations as well
as those affecting access to our historical documentation located in Florida and Brazil that is required for the completion of
our annual audit. Therefore, the Company’s ability to complete its audit and file the 2019 10-K prior to its due date is
delayed. Notwithstanding the foregoing, the Company expects to file the 2019 10-K no later than May 14, 2020 (which is 45 days
from the 2019 10-K’s original filing deadline of March 30, 2020).
In light of the current COVID-19 pandemic, the Company will be including
the following Risk Factor in its 2019 10-K, as may be updated to reflect subsequent events impacting the Company:
We are unable to predict the impact of COVID-19 on our company.
The overall effect of the travel and other restrictions in place
to stop the spread of COVID-19 is having a significant impact on the overall economy and our operations in the U.S. and Brazil.
Additionally, our business plan requires us to raise additional funds which may be more difficult because of the COVID-19 pandemic’s
effect on capital markets, such that several components of our business plan may be delayed in their implementation, or otherwise
postponed for an indeterminate amount of time, until adequate capitalization can be secured.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Canna
Corporation (the “Registrant”)
a Colorado
corporation
DATE:
March 30, 2020
/s/Sacha Alessandro Ceruti________
Name: Sacha Alessandro Ceruti
Title: Chief Executive Officer
Canna (CE) (USOTC:CNCC)
Historical Stock Chart
From Aug 2024 to Sep 2024
Canna (CE) (USOTC:CNCC)
Historical Stock Chart
From Sep 2023 to Sep 2024