Company: TCRG
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001185185-25-000206
Chunk: 153

Company: Cannaisseur Group Inc.
Filing Date: 2025-03-21
Form: 10-K
Item: Item 1A
Chunk 153
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 consider whether to ratify and continue, amend and ratify,
or terminate or rescind such related-party transaction. All of the transactions described above were reviewed and considered by, and
were entered into with the approval of, or ratification by, our Board of Directors.

32

During
the last two full fiscal years and the current fiscal year or any currently proposed transaction, there are no transactions involving
the issuer, in which the amount involved exceeds the lesser of $120,000 or one percent of the average of the issuer’s total assets
at year-end for its last three fiscal years, except compensation awarded to executives or as otherwise disclosed herein.

Disclosure
of Conflicts of Interest

There
are no conflicts of interest between the Company and any of its officers or directors.

Director
Independence

We
are not currently subject to listing requirements of any national securities exchange or inter-dealer quotation system which has requirements
that a majority of the board of directors be “independent” and, as a result, we are not at this time required to have our
Board of Directors comprised of a majority of “independent directors.” Although we have not adopted the independence standards
any national securities exchange to determine the independence of directors, the NYSE MKT LLC provides that a person will be considered
an independent director if he or she is not an officer of the company and is, in the view of our board of directors, free of any relationship
that would interfere with the exercise of independent judgment. Under this standard, our board of directors has determined that Mr. Jordan
Balencic would meet this standard, and therefore, would be considered to be independent.

Item
14. Principal Accountant Fees and Services

M&K
CPAs, PLLC (PCAOB ID: 2738) served as our independent auditors for the fiscal years ended December 31, 2024 and 2023.

The
following table shows the fees paid or accrued for the audit and other services provided by our independent auditors for the years ended:

    December 31,  
    December 31, 

    2024  
    2023 
  
    Audit fees 
    $19,000  
    $12,000 
  
    Tax fees 
        
     - 
  
    Review fees 
     14,100  
     14,500 
  
    Total fees paid or accrued to our principal accountant 
    $33,100  
    $