Company: TCRG
Filing Date: 2025-07-21
Form Type: 10-Q
Source: 0001185185-25-000810
Chunk: 44

Company: Cannaisseur Group Inc.
Filing Date: 2025-07-21
Form: 10-Q
Item: Item 2
Chunk 44
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. TCRG will also look
to attain a non-recourse loan of $50,000.

There can be no assurances that we will be able
to raise additional capital. The inability to raise capital would adversely affect our ability to achieve our business objectives. In
addition, if our operating performance during the next 12 months is below our expectations, our liquidity and ability to operate our business
could be adversely affected. We continue to monitor macro-economic factors such as inflationary pressures, continued Federal Reserve interest
rate hikes and recessionary fears, as well as trends within our industry, all of which may affect our working capital requirements.

Inflation

The amounts presented in our consolidated financial
statements do not provide for the effect of inflation on our operations or financial position. The net operating losses shown would be
greater than reported if the effects of inflation were reflected either by charging operations with amounts that represent replacement
costs or by using other inflation adjustments.

Going Concern

The accompanying financial statements have been
prepared on a going concern basis. For the three months ended March 31, 2025, the Company had a net loss of $848,783, net cash used in
operating activities of $68,663, negative working capital of $326,184, an accumulated deficit of $2,563,559 and stockholders’ deficit
of $400,358. These matters raise substantial doubt about the Company’s ability to continue as a going concern for a period of one
year from the date of this filing. The Company’s ability to continue as a going concern is dependent upon its ability to obtain
the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they come due,
to fund possible future acquisitions, and to generate profitable operations in the future. Management plans to provide for the Company’s
capital requirements by continuing to issue additional equity and debt securities. The outcome of these matters cannot be predicted at
this time and there are no assurances that, if achieved, the Company will have sufficient funds to execute its business plan or generate
positive operating results. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Off-Balance Sheet Arrangements

There are no off-balance sheet arrangements that
have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues,
expenses, results of operations, liquidity, capital expenditures or capital resources.

Critical Accounting Policies and Estimates

This discussion and analysis of our