Company: TCRG
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001185185-25-000206
Chunk: 28

Company: Cannaisseur Group Inc.
Filing Date: 2025-03-21
Form: 10-K
Item: Item 1
Chunk 28
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 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 basis. The Company intends to develop its own hemp cultivation,
extraction, and