Company: TCRG
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001185185-25-000206
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Company: Cannaisseur Group Inc.
Filing Date: 2025-03-21
Form: 10-K
Item: Item 1
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Item
1. Business

Overview

The
Cannaisseur Group, Inc. (the “Company” or “TCRG”) was established in December 2020. On January 4, 2021 the Company
acquired a fifty-one percent (51%) interest in Atlanta CBD Inc. (d/b/a as Inno Medicinals) (“Atlanta CBD”). Atlanta CBD was
formed to engage in hemp cultivation, extraction, manufacturing, distribution, and retail sales through CBD stores. The Company, however,
has now transitioned into a health and wellness company, with the aim of promoting and selling health and wellness products, including
CBD-related products. Currently, the Company’s only assets and operations consist of the 51% interest it owns in Atlanta CBD, Inc.
TCRG manages and operates Atlanta CBD’s business on a day-to-day basis. The Company intends to work in conjunction with Atlanta
CBD to grow the business operations.

Atlanta
CBD, at its inception, was a hemp products supplier and retailer. It sold its retail hemp products through the trade name, Inno Medicinals,
located in Atlanta Georgia. Currently, Atlanta CBD, in order to better reflect the direction of TCRG, intends to sell health and wellness
products, through its retail operations. The products offered for sale will also reflect the shift in strategy of TCRG.

Corporate
History

TCRG
is a Delaware corporation. It was formed to engage in the hemp business. In January 2021, it acquired a fifty-one percent (51%) interest
in Atlanta CBD, a Georgia company that engaged in the hemp business. TCRG’s 51% interest in Atlanta CBD is its only business operation
at this time. However, TCRG’s plan is to build on its current business by expanding into the health and wellness market. Potential
assets for acquisition, include CBD cultivation, processing, and distribution equipment, and infrastructure from companies that grow
and develop CBD and other health related products for the consumer market. These assets will be used to develop and grow TCRG’s
business and will also support and further develop Atlanta CBD’s operations. TCRG plans to use a combination of equity (common
stock), and funds raised from private placements to acquire assets to develop and grow its health and wellness business.

Atlanta
CBD is a family-owned business, founded in October 2018. It was born from the desire to offer people an alternative approach to good
health. Atlanta CBD started out as a CBD boutique