Company: TCRG
Filing Date: 2025-07-21
Form Type: 10-Q
Source: 0001185185-25-000810
Chunk: 23

Company: Cannaisseur Group Inc.
Filing Date: 2025-07-21
Form: 10-Q
Item: Item 1
Chunk 23
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 ability to obtain financings and liquidity. All statements other than statements
of historical facts contained in this report, including statements regarding our future financial position, liquidity, working capital
sources, business strategy and plans and objectives of management for future operations, are forward-looking statements. The words “believe,”
“may,” “estimate,” “continue,” “anticipate,” “intend,” “should,”
“plan,” “could,” “target,” “potential,” “is likely,” “will,” “expect”
and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking
statements largely on our current expectations and projections about future events and financial trends that we believe may affect our
financial condition, results of operations, business strategy and financial needs.

The results anticipated by any or all of these
forward-looking statements might not occur. Important factors, uncertainties and risks that may cause actual results to differ materially
from these forward-looking statements include the future impact of the geopolitical conflicts in Israel and Ukraine, inflation and Federal
Reserve interest rate increases in response thereto on the economy including the potential for a recession, downturn in economic activity
and the capital markets and a resulting reduction in demand for our offerings, declines in expenditures for digital marketing campaigns
and a trend towards in-housing those functions, our limited operating history and revenue, our ability to effectively navigate challenges
posed by the complex industries we serve including the potential for rapid and unpredictable technological change, regulatory burdens
and an intense competitive environment. We undertake no obligation to publicly update or revise any forward-looking statements, whether
as the result of new information, future events or otherwise.

Background of the Company

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