Company: TCRG
Filing Date: 2025-07-21
Form Type: 10-Q
Source: 0001185185-25-000810
Chunk: 40

Company: Cannaisseur Group Inc.
Filing Date: 2025-07-21
Form: 10-Q
Item: Item 2
Chunk 40
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Item 2. Management’s Discussion
and Analysis of Financial Condition and Results of Operation

Cautionary Note Regarding Forward Looking Statements

This report contains forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our business and operations,
future trends and operating results of such business, the planned expansion of those operations into new markets and applications, characteristics
and trends and the demand for the products and services we offer, the need for and use of proceeds from one or more financings for strategic
arrangements and partnerships, our future capital needs and 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