Company: TCRG
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001185185-25-000206
Chunk: 23

Company: Cannaisseur Group Inc.
Filing Date: 2025-03-21
Form: 10-K
Item: Item 1
Chunk 23
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 company on a timely basis.

In
addition, compliance with reporting and other requirements applicable to SEC reporting companies will create additional costs for the
Company and will require the time and attention of management and may require the hiring of additional personnel and legal, audit and
other professionals. We cannot predict or estimate the amount of additional costs we may incur, the timing of such costs or the impact
that our management’s attention to these matters will have on our business.

We
are an emerging growth company and, as a result of the reduced disclosure and governance requirements applicable to emerging growth companies,
our common stock may be less attractive to investors.

We
are an emerging growth company, as defined in the JOBS Act, and we are eligible to take advantage of certain exemptions from various
reporting requirements applicable to other public companies, but not to emerging growth companies, including, but not limited to, a requirement
to present only two years of audited financial statements, an exemption from the auditor attestation requirement of Section 404
of the Sarbanes-Oxley Act, reduced disclosure about executive compensation arrangements pursuant to the rules applicable to smaller reporting
companies and no requirement to seek non-binding advisory votes on executive compensation or golden parachute arrangements, although
some of these exemptions are available to us as a smaller reporting company (i.e. a company with less than $75 million of its voting
equity held by affiliates). We have elected to adopt these reduced disclosure requirements. We cannot predict if investors will
find our common stock less attractive as a result of our taking advantage of these exemptions. If some investors find our common
stock less attractive as a result of our choices, there may be a less active trading market for our common stock and our stock price
may be more volatile.

18

We
do not expect to pay any cash dividends in the foreseeable future.

We
intend to retain our future earnings, if any, in order to reinvest in the development and growth of our business and, therefore, do not
intend to pay dividends on our common stock for the foreseeable future. Any future determination to pay dividends will be at the discretion
of our board of directors and will depend on our financial condition, results of operations, capital requirements, and such other
factors as our board of directors deems relevant. Accordingly, investors may need to sell their shares of our common stock to realize
a return on their investment, and they may not be able to sell such shares at or above the price paid for them.