The Cannaisseur Group Closes $35 Million Asset Acquisition, Resolves Shell Risk and Targets OTCQB Listing

The Cannaisseur Group, Inc. (OTC: TCRG) has successfully closed a definitive asset acquisition agreement with Sense Technologies, Inc. and Richard Bell, finalizing a transaction originally announced in April 2025. The $35 million transaction brings proprietary sensor-based technologies and infrastructure, operational AgTech, and soy-based nutritional manufacturing assets onto the company's balance sheet. This acquisition effectively satisfies conditions underlying the company's prior shell-risk designation and establishes a path toward OTCQB Venture Market listing with long-term NASDAQ candidacy potential.

Shareholders of TCRG now hold equity in a fully operating company with tangible assets and revenue-generating potential across sustainable agriculture and industrial automation sectors. The acquired assets include real estate, equipment, and intellectual property supporting soy processing, human nutrition, and agricultural manufacturing, as well as radar, camera, and vehicle-based sensor systems applicable to agricultural, industrial, and automotive settings. The transaction positions the company to participate in significant market trends, including federal support for agricultural infrastructure and demand for domestic protein innovation.

Bruce Schreiner, incoming Chief Executive Officer, stated that the combination of advanced sensor technologies with scalable nutrition and AgTech capabilities positions the company to unlock commercial value and pursue strategic partnerships. Outgoing CEO Floretta Gogo emphasized that the transaction protects the public company and provides shareholders with a future in a substantially larger operational entity. As part of the consideration, TCRG issued convertible preferred equity to sellers and assumed approximately $500,000 in existing debt, with legacy shareholders retaining no less than 6.5% of post-transaction equity.

The company acknowledges current delinquency in periodic disclosures with OTC Markets, attributing the delay to the extensive due diligence and legal coordination required for the transaction completion. Upon filing the Q2 quarterly report, TCRG intends to re-establish current information status and initiate OTCQB uplist preparations. The transaction is expected to lead to increased liquidity, institutional engagement, and potential grant eligibility in agriculture and functional nutrition sectors, aligning with national priorities in food resilience and advanced safety technologies.