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[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 2 sources · 14 days · First seen 25 days ago · Last updated 11 days ago

Trafalgar International corporate restructuring

Overview

Trafalgar International, Inc., formerly known as The Greater Cannabis Company, Inc., has announced a major strategic shift and corporate restructuring. Following a legal name change in Florida, the company is transitioning into a publicly traded acquisition and business development platform.

Trafalgar Asset Management LLC, the U.S. holding entity of the Trafalgar group, recently acquired approximately 96.62% of the company’s total voting power by purchasing all outstanding Series A and Series B Preferred Stock.

The company’s new strategy focuses on identifying and growing businesses within the financial services, financial technology (fintech), technology, and intellectual property sectors across the United States and Latin America. While the firm retains legacy intellectual property related to delivery technologies, it has ceased its focus on the cultivation, production, or sale of cannabis.

Entities

FINRA · Insight Vacations · Andrew Young · Trafalgar · The Travel Corporation

Timeline

11 days ago

[BUSINESS] 2 sources
Trafalgar to absorb Insight Vacations and Costsaver brands
The Travel Corporation is unifying its Insight Vacations and Costsaver brands under the Trafalgar name, creating a three-tier travel portfolio to simplify choices for agents and travelers.
25 days ago

[BUSINESS] 3 sources
Trafalgar International shifts strategy to financial services and fintech
Trafalgar International has rebranded from The Greater Cannabis Company and shifted its focus to financial services, fintech, and technology following a majority acquisition by Trafalgar Asset Management.

Sources

karryon.com.au · traveltalkmag.com.au