Company: TCRG
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001185185-25-000206
Chunk: 93

Company: Cannaisseur Group Inc.
Filing Date: 2025-03-21
Form: 10-K
Item: Item 1A
Chunk 93
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 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

    ●
    Sales
    promotions by us and our competitors

    ●
    Changes
    in competitive and economic conditions generally

    ●
    Foreign
    currency exposure

Consequently,
our results of operations may decline quickly and significantly in response to changes in order patterns or rapid decreases in demand
for our products. We anticipate that fluctuations in operating results will continue in the future. The Company’s operating
results may vary. We may incur net losses. The Company expects to experience variability in its revenues and net profit. While we
intend to fully implement our business plan, we may experience net losses. Factors expected to contribute to this variability include,
among other things:

    ●
    The
    general economy

    ●
    The
    regulatory environment pertaining to our products

    ●
    Climate,
    seasonality and environmental factors

    ●
    Consumer
    demand

    ●
    Transportation
    costs

    ●
    Competition
    in products

12

You
should further consider, among other factors, our prospects for success in light of the risks and uncertainties encountered by companies
that, like us, are in their early stages