Sec Form 13G Filing - GHS Investments LLC filing for CANNABIS GLOBAL INC. (CBGL) - 2020-08-24

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

 
Cannabis Global, Inc.
(Name of Issuer)
 
Common Stock
(Title of Class of Securities)

 

13767G100

(CUSIP Number)
 
August 7, 2020
(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

☐ Rule 13d-1(b)

 

☒ Rule 13d-1(c)

 

☐ Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities and Exchange Act of 1934 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

 

 

SCHEDULE 13G

 

CUSIP No. 13767G100  

 

1 Names of Reporting Persons
GHS Investments, LLC
2 Check the appropriate box if a member of a Group (see instructions)
(a)  ☐
(b)  ☐
3 SEC Use Only
 
4 Citizenship or Place of Organization
Nevada

Number of
Shares
Beneficially
Owned by Each
Reporting
Person With:
5 Sole Voting Power
2,899,017
6 Shared Voting Power
 
7 Sole Dispositive Power
2,899,017
8 Shared Dispositive Power
 

9 Aggregate Amount Beneficially Owned by Each Reporting Person
2,899,017
10 Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11 Percent of class represented by amount in row (9)
11.86%
12 Type of Reporting Person (See Instructions)
PN

 

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Item 1.  

 

(a) Name of Issuer: Cannabis Global, Inc.
   
(b) Address of Issuer’s Principal Executive Offices: 520 S. Grand Avenue, Suite 320, Los Angeles CA 90071.

 

Item 2.  

 

(a) Name of Person Filing: GHS Investments, LLC
   
(b) Address of Principal Business Office or, if None, Residence: 420 Jericho Turnpike, Suite 102, Jericho NY 11753.
   
(c) Citizenship: Nevada - United States of America
   
(d) Title and Class of Securities: Common Stock - Par Value $0.0001
   
(e) CUSIP No.: 13767G100

 

  Item 3. If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 

  (a) Broker or dealer registered under Section 15 of the Act;
       
  (b) ☐  Bank as defined in Section 3(a)(6) of the Act;
       
  (c) ☐  Insurance company as defined in Section 3(a)(19) of the Act;
       
  (d) ☐  Investment company registered under Section 8 of the Investment Company Act of 1940;
       
  (e) ☐  An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
       
  (f) ☐  An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
       
  (g) ☐  A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
       
  (h) ☐  A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
       
  (i) ☐ 

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940;

       
  (j) ☐  A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J);
       
  (k) ☐ 

Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ____

 

Page 3 of 5

 

 

Item 4. Ownership

 

(a) Amount Beneficially Owned: 2,899,017

 

(b) Percent of Class: 11.86%

 

(c) Number of shares as to which such person has:

 

  (i) Sole power to vote or to direct the vote: 2,899,017

 

  (ii) Shared power to vote or to direct the vote:

 

  (iii) Sole power to dispose or to direct the disposition of: 2,899,017

 

  (iv) Shared power to dispose or to direct the disposition of:

 

Item 5. Ownership of Five Percent or Less of a Class.

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☐.

 

Item 6.

Ownership of more than Five Percent on Behalf of Another Person.

 

N/A

 

Item 7. Identification and classification of the subsidiary which acquired the security being reported on by the parent holding company or control person.

 

N/A

 

Item 8. Identification and classification of members of the group.

 

N/A

 

Item 9. Notice of Dissolution of Group.

 

N/A

 

Item 10. Certifications.

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.

 

Page 4 of 5

 

 

SIGNATURES

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete, and correct.

 

  By: GHS Investments, LLC
     
August 21, 2020 By: /s/ Mark Grober
    Mark Grober, Manager

 

 

 

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