Company: TCRG
Filing Date: 2025-07-21
Form Type: 10-Q
Source: 0001185185-25-000810
Chunk: 20

Company: Cannaisseur Group Inc.
Filing Date: 2025-07-21
Form: 10-Q
Item: Item 1
Chunk 20
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 common stock with a fair value of $280,000 to its Chief Financial Officer as compensation for ongoing services.

On February 4, 2025, the Company issued 1,000,000 shares
of common stock with a fair value of $140,000 to its Corporate Secretary as compensation for ongoing services.

Equity transactions during the three months
ended March 31, 2024:

On January 16, 2024, the Company received capital
contributions from a related party in the amount of $1,000.

On February 28, 2024, the Company’s Board
of Directors approved the issuance of 1,000,000 shares of common stock with a fair value of $15,000 to its Chief Executive Officer as
a bonus.

On February 28, 2024, the Company’s Board
of Directors approved the issuance of 1,000,000 shares of common stock with a fair value of $15,000 to its Interim Chief Financial Officer
as a bonus.

15

10. Segment Information

The Company operates in one reportable segment:
CBD hemp products for retail. Through its majority owned subsidiary, Atlanta CBD, the Company offers a variety of CBD wellness products
for sale directly to customers via its website. The Company has determined that it operates in one reportable segment, because the chief
operating decision maker (“CODM”) reviews financial information for our entire consolidated operations when making decisions
related to assessing operating performance.

The accounting policies of the single segment
are the same as those described in the summary of significant accounting policies. The Company’s CODM includes the chief executive
officer and chief financial officer. The CODM assesses performance for the single segment based on gross profit, net income (loss) and
significant expenses, as shown below. The measure of segment assets is reported on the balance sheet as total consolidated assets.

The Company’s CODM decides how to allocate
resources based on gross profit, net income (loss) and significant expenses, comparing budgeted amounts to actual expenses. Gross profit
is used to determine the most profitable products, and which products the company will make available for sale to customers. Significant
expenses and net loss are used to determine resource allocation for maintaining operations and fostering progress.

    Three Months Ended 

    March 31, 

    2025  
    2024 
  
    Revenue, net of discounts 
     -  
     415 
  
    Cost of