Item 8.01 Other Events.



Grand Havana, Inc. (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 in our normal interactions with our auditors. The Company has a small accounting staff and historically we provided our auditors with full access to work papers and related information. Because the audit personnel are now working remotely as much as possible, as our accounting personnel, this has slowed everyone's workflow and 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.

Miami-Dade County and the City of Miami have issued orders that only "essential" businesses remain open. We are not considered an "essential business" and have closed our warehouse thereby limiting our ability to make deliveries and service equipment. Because of this we expect a significant decline in our revenues until such time that these emergency orders are lifted, and it is safe for our employees to return to work. Additionally, the COVID-19 pandemic has had a particularly significant impact on hotels and restaurants, two of our main revenue sources. The ability of hotels and restaurants to recover once travel and other restrictions are removed will have a significant impact on our ability to bring revenue back to levels to prior levels.

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