Company: TCRG
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001185185-25-000206
Chunk: 106

Company: Cannaisseur Group Inc.
Filing Date: 2025-03-21
Form: 10-K
Item: Item 1A
Chunk 106
---
 stock at a price of $0.23 per share for cash proceeds of $2,300.

On
November 18, 2024, the Company sold 100,000 shares of common stock at a price of $0.05 per share for cash proceeds of $5,000.

On
December 27, 2024, the Company sold 8,333 shares of common stock at a price of $0.12 per share for cash proceeds of $1,000.

Proceeds
were used to cover operating expenses and to pay expenses related to the Company’s registration of its shares and filings with
the Securities and Exchange Commission.

Item
6. [Reserved]

21

Item
7. Management’s Discussion and Analysis of Financial Condition and Results of Operations

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 future trends and operating results, the planned expansion of operations into new markets and applications, characteristics
and trends and the demand for 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