Company: TCRG
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001185185-25-000206
Chunk: 714

Company: Cannaisseur Group Inc.
Filing Date: 2025-03-21
Form: 10-K
Item: Item 8
Chunk 714
---
153 
  
    Deposits 
     -  
     (6,084)
  
    Accounts payable and accrued expenses 
     121,889  
     63,420 
  
    Settlement payable 
     (5,500) 
     (2,999)
  
    Right of use liability 
     -  
     (17,124)
  
    Net Cash Used in Operating Activities 
     (110,627) 
     (126,074)

    CASH FLOWS FROM FINANCING ACTIVITIES: 

    Proceeds from sale of common stock 
     13,300  
     91,518 
  
    Proceeds from short term loan 
     -  
     9,378 
  
    Payments on short term loan 
     -  
     (4,518)
  
    Contributed capital - related party 
     7,000  
     10,502 
  
    Proceeds from convertible notes payable - related party 
     51,000  
     40,000 
  
    Proceeds from (repayments of) short-term loan - related party 
     1,500  
     (950)
  
    Net Cash Provided by Financing Activities 
     72,800  
     145,930 

    Net increase (decrease) in cash and cash equivalents 
     (37,827) 
     19,856 
  
    Cash and cash equivalents, beginning of period 
     38,390  
     18,534 
  
    Cash and cash equivalents, end of period 
    $563  
    $38,390 

    Supplemental cash flow information 

    Cash paid for interest 
    $200  
    $2,470 
  
    Cash paid for taxes 
    $-  
    $- 

    Non-cash investing and financing activities: 

    Cancellation of shares of common stock 
    $475  
    $- 
  
    Settlement of lease obligation 
    $-  
    $18,968 

The
accompanying notes are an integral part of the financial statements.

F-5

THE
CANNAISSEUR GROUP, INC.

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

December
31, 2024 and 2023

1.
Organization and Nature of Operations 

Organization
and Combination