Company: TCRG
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001185185-25-000206
Chunk: 1

Company: Cannaisseur Group Inc.
Filing Date: 2025-03-21
Form: 10-K
Item: Item 1
Chunk 1
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, offering many leading brands of hemp extracts. Atlanta CBD began operating a retail
hemp store in 2019. Cannabis sativa (hemp) extracts were chosen because the founders believe the extracts have the potential to help
people. Knowledge gained since opening a retail location in June of 2019 has given them a greater understanding of the industry and the
people that purchase hemp products. Atlanta CBD is committed to increasing public awareness of CBD and helping grow the hemp community
statewide, where possible.

TCRG
plans to provide cutting-edge, sustainable, and effective health and wellness options, such as focused wellness products and wellness
technology.

Atlanta
CBD also offers for sale a majority of its products direct to consumers via its website, https://innomedicinals.com. Consumer markets
served by the INNO Medicinals website are extensive. In terms of geography, the products are only sold wherever legal and INNO Medicinals
stipulates to its distribution channels that the products may only be sold to end-user persons eighteen years of age or older and residing
in states that allow its products (See “Description of Our Business” – “Government Regulation” for a further
explanation of the laws regarding the sale of hemp-derived CBD products).

TCRG
owns 51% of Atlanta CBD. Pursuant to the acquisition agreement between TCRG and Atlanta CBD, TCRG is entitled to 51% of the net profits
from the operations of Atlanta CBD.

Floretta
Gogo and Xavier Carter own the remaining 49% of Atlanta CBD. Ms. Gogo and Mr. Carter each own approximately 18% of the outstanding common
stock of TCRG. Ms. Gogo and Mr. Carter are the President and Chief Executive Officer of TCRG and the Chief Financial Officer of TCRG,
respectively. They both run the day-to-day operations of Atlanta CBD as well as the day-to-day operations of TCRG.

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Table of Contents

Ms.
Gogo and Mr. Carter have each signed a Conflict-of-Interest agreement with TCRG and Atlanta CBD to prevent any type of self-dealing by
the parties, and to prevent Ms. Gogo and Mr. Carter from exerting undue influence over the operations of Atlanta CBD by virtue of their
holdings in TCRG. Ms. Gogo and Mr. Carter has each agreed to recuse themselves for voting their interest in TCRG in connection with the
election of nominees to Atlanta CBD’s