Company: TCRG
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001185185-25-000206
Chunk: 14

Company: Cannaisseur Group Inc.
Filing Date: 2025-03-21
Form: 10-K
Item: Item 1
Chunk 14
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 102(b)(2) of The JOBS Act. This election allows us to delay the adoption of new or revised accounting standards
that have different effective dates for public and private companies until those standards apply to private companies. As a result, our
financial statements may not be comparable to companies that comply with public company effective dates, and our stockholders and
potential investors may have difficulty in analyzing our operating results if comparing us to such companies.

The
success of our new and existing products and services is uncertain.

We
have committed, and expect to continue to commit, significant resources and capital to develop and market existing product enhancements
and new products. We cannot assure that we will achieve market acceptance for all of our products, or of new products that we may offer
in the future. Moreover, these new products may be subject to significant competition with offerings by new and existing competitors.
In addition, new products and enhancements may pose a variety of challenges and require us to attract additional qualified employees.
The failure to successfully develop and market these new products or enhancements could seriously harm our business, financial condition
and results of operations.

We
cannot predict our future capital needs, and we may not be able to secure additional financing.

We
will need to raise additional funds in the future to fund our working capital needs and to fund further expansion of our business. We
may require additional equity or debt financings, collaborative arrangements with corporate partners or funds from other sources for
these purposes. No assurance can be given that necessary funds will be available for us to finance our development on acceptable terms,
if at all. Furthermore, such additional financings may involve substantial dilution of our stockholders or may require that we relinquish
rights to certain of our technologies or products. In addition, we may experience operational difficulties and delays due to working
capital restrictions. If adequate funds are not available from operations or additional sources of financing, we may have to delay or
scale back our growth plans.

Our
annual and quarterly financial results are subject to significant fluctuations
depending on various factors, many of which are beyond our control, which could adversely affect our ability to satisfy our debt obligations
as they become due.

Our
sales and operating results can vary significantly from quarter to quarter and year to year depending on various factors, many of
which are beyond our control. These factors include:

    ●
    Variations
    in the timing and volume of our sales

    ●
    The
    timing of expenditures in anticipation of future sales