The Cannaisseur Group, Inc. (OTC:TCRG), a Delaware-incorporated cannabis-sector holding company based in Atlanta, Georgia, filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on November 13, 2026.

Key Highlights

  • No revenue recorded: The company reported net revenue of $0 for both the three months and nine months ended September 30, 2026, according to the filing.
  • Net loss narrows year-over-year: Net loss attributable to the company for the nine months ended September 30, 2026 was $282,579, compared with $1,672,482 for the same period in 2025.
  • Minimal cash on hand: As of September 30, 2026, cash and cash equivalents totaled $20, down from $22 at December 31, 2025.
  • Stockholders' deficit widens: Total stockholders' deficit reached $(430,315) as of September 30, 2026, compared with $(235,291) at December 31, 2025.
  • Accumulated deficit: The accumulated deficit stood at $(3,771,468) as of September 30, 2026, up from $(3,488,889) at December 31, 2025.
  • Capital contributions sustained operations: Related-party contributed capital of $87,962 was the primary source of financing cash flows for the nine months ended September 30, 2026.
  • Shares outstanding unchanged: Common shares issued and outstanding remained at 60,459,890 throughout the nine-month period, with a par value of $0.0001 per share.

Cannaisseur Group's Financial Position as of September 30, 2026

According to the filing, The Cannaisseur Group, Inc. reported no net revenue for either the three-month or nine-month periods ended September 30, 2026. The company disclosed cost of revenue of $118 for the nine months ended September 30, 2026, resulting in a gross loss of $(118) for that period. Selling, general and administrative expenses for the nine months totaled $282,156, producing an operating loss of $(282,274). The company's operating loss for the comparable nine-month period in 2025 was $(1,615,042), with the prior-year figure reflecting $1,292,962 in share-based compensation that did not recur in 2026.

The company disclosed total assets of just $20 as of September 30, 2026, consisting entirely of cash, compared with total assets of $140 at December 31, 2025. Total liabilities grew to $430,335 from $235,431 over the same interval, driven primarily by accounts payable and accrued expenses rising to $387,066 from $192,162. The filing identifies the company as a smaller reporting company and an emerging growth company incorporated in Delaware, with its principal executive offices located at 650 Ponce De Leon Ave, Suite 300 #2334, Atlanta, GA 30308. The company's shares are quoted on the OTC market under the symbol TCRG and are not listed on a national securities exchange.

For the nine months ended September 30, 2026, the filing shows net cash used in operating activities of $(87,964), offset by net cash provided by financing activities of $87,962, almost entirely from related-party contributed capital. Cash paid for interest in the nine-month period was $402. The company reported no income tax benefit or expense. The weighted average shares outstanding for the nine-month period, on both a basic and diluted basis, were 60,459,890, with a net loss per share of $(0.00) on the same basis.

What Was Disclosed

The Cannaisseur Group filed its quarterly report covering the period ended September 30, 2026, disclosing zero revenue, a nine-month net loss of $282,986, total assets of $20, a stockholders' deficit of $(430,315), and reliance on related-party capital contributions to fund operations.