Cannaisseur Group INC

Market Movers (8-K)

OID
The Cannaisseur Group, Inc. has finalized a $35 million asset acquisition, resolving its shell-risk designation and setting a course for uplisting to OTCQB and potentially NASDAQ.
Delay expected
Better than expected
Capital raise
OID
Cannaisseur Group has cancelled its informational shareholder meeting scheduled for May 13, 2025, due to technical difficulties, but assures shareholders that updates on the pending strategic transaction will be provided via a preliminary proxy statement.
Delay expected
OID
The Cannaisseur Group, Inc. forms a Transition Team to oversee a $35 million acquisition while simultaneously removing its Corporate Secretary due to alleged breaches of fiduciary duty.
OID
The Cannaisseur Group, Inc. announces an amendment to its Certificate of Incorporation, increasing authorized share capital to 500 million shares to enhance financial flexibility.
Capital raise
OID
Harold Butch Woolfolk resigned as Director of The Cannaisseur Group, Inc., effective December 13, 2024, to pursue other business opportunities.
OID
Keijiero Varela resigned from his position as Director of The Cannaisseur Group, Inc., effective March 12, 2024, to pursue other business opportunities.

Quarterly Earnings (10-Q)

OID
The Cannaisseur Group, Inc. reported a 100% decline in revenue to $0 for the third quarter of 2025, alongside a substantial increase in net loss and a going concern warning.
Worse than expected
Capital raise
OID
The Cannaisseur Group, Inc. reported no revenue for the quarter ended June 30, 2025, while announcing a significant asset acquisition and continuing to face substantial doubt about its ability to continue as a going concern.
Worse than expected
Capital raise
OID
The Cannaisseur Group, Inc. reported a 100% decline in revenue to $0 and a net loss of $848,783 for Q1 2025, raising substantial doubt about its ability to continue as a going concern.
Worse than expected
Delay expected
Capital raise
OID
The Cannaisseur Group experienced a substantial decrease in revenue and a significant increase in net losses for the quarter ended September 30, 2024, primarily due to the closure of its retail store.
Worse than expected
Capital raise
OID
The Cannaisseur Group's Q2 2024 results reveal a significant drop in revenue and a substantial net loss, highlighting the challenges faced during its restructuring phase.
Worse than expected
Capital raise
OID
The Cannaisseur Group's Q1 2024 revenue plummeted due to the closure of its retail store, leading to a significant net loss.
Worse than expected
Capital raise

Annual Reports (10-K)

OID
The Cannaisseur Group, Inc. reported a 100% revenue decline and significant net losses for fiscal year 2025, transitioning to an online-only sales model while facing substantial doubt about its ability to continue as a going concern.
Worse than expected
Capital raise
OID
The Cannaisseur Group's 2024 annual report highlights a strategic shift towards health and wellness products amidst significant revenue decline and ongoing financial uncertainties.
Worse than expected
Capital raise
OID
The Cannaisseur Group's 2023 annual report reveals a decrease in revenue and an increase in operating expenses, alongside a net loss, while the company navigates a challenging economic environment.
Worse than expected
Capital raise

Insider Trading (Form 4)

OID
Cannaisseur Group Inc.'s CFO and Director, Xavier Carter, acquired 1,000,000 shares of common stock, increasing his direct beneficial ownership to 11,100,000 shares.
Better than expected
OID
Cannaisseur Group Inc. CEO Floretta Gogo acquired 1,000,000 common shares, increasing her direct beneficial ownership to 11,816,000 shares.
OID
Cannaisseur Group Inc. COO Jamie Lee Brown acquired 500,000 common shares at $0.2724 per share, increasing direct beneficial ownership to 1,508,333 shares.
OID
Cannaisseur Group Director Jordan Paul Balencic acquired 1.5 million shares of common stock, increasing his beneficial ownership.
Better than expected
OID
Jamie Lee Brown, Chief Operating Officer and Director of Cannaisseur Group Inc., reports acquiring 8,333 shares of common stock at $0.12 per share on December 27, 2024.
OID
Valarie Grant, Corporate Secretary of Cannaisseur Group Inc., reports acquiring 1,000,000 shares of common stock on February 4, 2025.