Company: TCRG
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0001185185-25-000206
Chunk: 149

Company: Cannaisseur Group Inc.
Filing Date: 2025-03-21
Form: 10-K
Item: Item 1A
Chunk 149
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 time. We believe
that we do not require an audit committee financial expert at this time because we retain outside consultants who possess these attributes
as needed.

For
the fiscal year ending December 31, 2024, the board of directors:

    1.
    Reviewed
    and discussed the audited financial statements with management, and

    2.
    Reviewed
    and discussed the written disclosures and the letter from our independent auditors on the matters relating to the auditor’s
    independence.

Based
upon the board of directors’ review and discussion of the matters above, the board of directors authorized inclusion of the audited
financial statements for the year ended December 31, 2024, to be included in this Annual Report on Form 10-K and filed with the Securities
and Exchange Commission.

Section
16(a) Beneficial Ownership Reporting Compliance

Section
16(a) of the Exchange Act requires our directors and executive officers and persons who beneficially own more than ten percent of a registered
class of the Company’s equity securities to file with the SEC initial reports of ownership and reports of changes in ownership
of common stock and other equity securities of the Company. Officers, directors and greater than ten percent beneficial shareholders
are required by SEC regulations to furnish us with copies of all Section 16(a) forms they file. To the best of our knowledge based solely
on a review of Forms 3, 4, and 5 (and any amendments thereof) received by us, no persons have failed to file the identified reports required
by Section 16(a) of the Exchange Act during fiscal year ended December 31, 2024.

Code
of Ethics

As
of December 31, 2024, we had not adopted a Code of Ethics. We feel that the small size of our board and management did not warrant the
adoption of a Code of Ethics.

30

Item
11. Executive Compensation

The
following table sets forth information concerning all cash and non-cash compensation awarded to, earned by or paid to our chief executive
officer for services rendered in all capacities for the periods set forth below.

Summary
Compensation Table

    Name and Principal Position 
    Year  
    Bonus  
    Stock Option Awards  
    Non-Equity Incentive Plan Compensation  
    Deferred Compensation Earnings  
    All Other Compensation  
    Total 
  
    Floretta Gogo, 
     2024  
     -