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Cannaisseur Group Inc. Closes $35 Million Asset Acquisition
TCRG
M&A
Delisting/Listing Issues
New Projects/Investments
- The Cannaisseur Group, Inc. (TCRG) successfully closed a $35 million asset acquisition with Sense Technologies, Inc. and Richard Bell on August 25, 2025.
- This transaction resolves TCRG's prior shell-risk designation and establishes a path toward listing on the OTCQB Venture Market in the near term, with a long-term view toward NASDAQ candidacy.
- The acquired assets include proprietary sensor-based technologies, infrastructure, operational AgTech, and soy-based nutritional manufacturing assets.
- As part of the consideration, TCRG issued convertible preferred equity to the sellers and assumed approximately $500,000 in existing debt. Legacy TCRG shareholders will retain no less than 6.5% of the post-transaction equity on a fully diluted basis.
- Bruce Schreiner is the incoming Chief Executive Officer, succeeding Floretta Gogo, who will remain for a transitional period.
Aug 28, 2025, 8:00 PM
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