Company: TCRG
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001185185-25-000206
Chunk: 290

Company: Cannaisseur Group Inc.
Filing Date: 2025-03-21
Form: 10-K
Item: Item 2
Chunk 290
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Item
2. Properties

The
Company has its principal offices located at 650 Ponce De Leon Ave, Suite 300 #2334, Atlanta, GA 30308.

Item
3. Legal Proceedings

We
are not currently involved in any litigation nor to our knowledge, is any litigation threatened against us, the outcome of which would,
in our judgment based on information currently available to us, have a material adverse effect on our financial position or results of
operations.

Item
4. Mine Safety Disclosures

Not
Applicable.

20

Table of Contents

PART
II

Item
5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

Market
Information

Our
common stock began trading on the OTC Pink Markets under the symbol “TCRG”. The OTC Markets is a network of security dealers
that buy and sell stock.

The
common stock price is likely to be highly volatile and could be subject to wide fluctuations in response to various factors, some of
which are beyond the Company’s control or unrelated to its operating performance. The Company’s common stock will likely
be thinly traded so the Company’s stockholders may be unable to sell at or near ask prices or at all if they need to sell their
shares to raise money or otherwise desire to liquidate their shares.

Holders

As
of February 25, 2025, there were approximately 33 holders of our common stock.

Dividends

We
have never declared or paid any cash dividends on our common stock, nor do we anticipate paying any in the foreseeable future. We expect
to retain any future earnings to finance our operations and expansion. The payment of cash dividends in the future will be at the discretion
of our Board of Directors and will depend upon our earnings levels, capital requirements, any restrictive loan covenants and other factors
the Board considers relevant.

Unregistered
Sales of Equity Securities and Use of Proceeds

On
February 16, 2023, the Company sold 333,334 shares of common stock in a private placement for gross proceeds of $10,000.

On
April 27, 2023, the Company issued 914,286 shares of common stock to a related party for cash proceeds in the amount of $20,000 ($0.022
per share).

On
May 10, 2023, the Company sold 1,066,666 shares of common stock at a price of $0