Target Group Inc. (CBDY)
Target Group Inc. operates within the Canadian cannabis sector, managing the entire lifecycle from cultivation and processing to the distribution of carefully selected cannabis products for both adult medical and recreational consumers. Their extensive product portfolio encompasses traditional cannabis flower, vaporizer-compatible extract pods, and pre-rolls. They also offer a diverse array of innovative infused products, including K-cup compatible coffee and tea pods, beverages, edibles, and topical applications, in addition to a line of CBD wellness items. A notable proprietary product is "Wisp," a unique single-use, pre-measured pod and vaporizer system designed for consumers seeking to vaporize natural botanical herbs, including cannabis. Target Group holds a collaborative agreement with cGreen, Inc. for the manufacturing and distribution of "True Focus," a patent-pending THC antidote, across the United States, Europe, and the Caribbean regions. Further expanding its reach, the company also maintains distribution, collaboration, and licensing arrangements with Serious Seeds B.V. Originally incorporated in 2013, the entity underwent a name change from Chess Supersite Corporation to Target Group Inc. in July 2018. Its operational base is situated in Hamilton, Canada.
Sector: Medicinal Chemicals & Botanical Products
Industry: Drug Manufacturers - Specialty & Generic
Target Group Inc.
OTC:CBDYHealthcare · Drug Manufacturers - Specialty & Generic
+0.00%$0.0010
Mkt Cap$617K
Float596.95M
O/S617.03M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$3.88M
Net Income-$1.36M
Total Assets$6.18M
Free Cash Flow-$917K
Debt & Equity
Total Debt$1.03M
Total Equity-$8.06M
Preferred Stock$100
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in CBDY's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$6.18M
Liabilities$14.24M
Accounts Receivable$510K
Accounts Payable$394K
Inventory$1.67M
PP&E (Net)$3.59M
Goodwill$260K
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Revenue | $3.88M | $6.59M | $3.72M | $0 | $0 | $30K | $0 | $263 | $15K | $6K | $0 | $0 | $0 |
| YoY Growth | -41.1% | 77.2% | - | - | - | - | - | -98.3% | 160.8% | - | - | - | - |
| Cost of Revenue | $1.81M | $2.87M | $2.06M | $885K | $972K | $25K | $183K | $36K | $15K | $0 | $0 | $0 | $0 |
| Gross Profit | $2.07M | $3.73M | $1.66M | -$885K | -$972K | $5K | -$183K | -$36K | $585 | -$16K | $0 | $0 | $0 |
| Gross Margin | 53.3% | 56.5% | 44.5% | - | - | 16.7% | - | -13615.6% | 3.8% | -269.7% | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $32K | $86K | $80K | $285K | $49K | $0 |
| Selling, General, and Administrative | $202K | $1.69M | $1.27M | $244K | $356K | $989K | $3.94M | $886K | $389K | $1.43M | $2.43M | $240K | $1K |
| Other | $0 | -$295 | $1.13M | $904K | $1.12M | -$984K | $687K | $438K | $13K | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $202K | $1.69M | $2.09M | $453K | $359K | $1.58M | $4.51M | $1.36M | $800K | $1.63M | $2.75M | $288K | $1K |
| Operating Income (EBIT) | $1.87M | $1.12M | $380K | -$453K | -$378K | -$1.57M | -$4.69M | -$1.36M | -$909K | -$1.67M | -$2.75M | -$358K | -$1K |
| Operating Margin | 48.1% | 17.0% | 10.2% | - | - | -5236.7% | - | -515969.6% | -5889.6% | -28151.4% | - | - | - |
| Interest Expense | $1.04M | $1.2M | $1.46M | $1.12M | $986K | $542K | $472K | $147K | $104K | $65K | $2K | $133 | $0 |
| Interest Income | $34K | $31K | $557K | $18K | $1.04M | $8K | $472K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$3.23M | -$956K | -$704K | -$4.07M | $651K | -$5.8M | -$5.68M | -$544K | -$833K | -$678K | -$2K | -$70K | $0 |
| Income Before Tax (EBT) | -$1.36M | $161K | -$324K | -$4.52M | $273K | -$7.07M | -$10.37M | -$1.9M | -$1.74M | -$2.35M | -$2.75M | -$358K | -$1K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$133 | $0 |
| Net Income | -$1.36M | $161K | -$324K | -$4.52M | -$471K | -$7.07M | -$10.37M | -$1.9M | -$1.74M | -$2.35M | -$2.75M | -$358K | -$1K |
| Net Income Margin | -35.0% | 2.4% | -8.7% | - | - | -23580.0% | - | -722433.5% | -11293.2% | -39624.9% | - | - | - |
| Supplementary Data | |||||||||||||
| EPS | -0.00 | 0.00 | -0.00 | -0.01 | -0.00 | -0.01 | -0.03 | -0.04 | -0.72 | -85.84 | -341.27 | -34.19 | -0.07 |
| Diluted EPS | -0.00 | 0.00 | -0.00 | -0.01 | -0.00 | -0.01 | -0.03 | -0.04 | -0.72 | -85.83 | -341.27 | -34.19 | -0.07 |
| Weighted Average OS | 617.03M | 617.03M | 617.03M | 617.03M | 595.35M | 566.88M | 410.38M | 46.20M | 2.41M | 27,315 | 8,053 | 10,482 | 20,000 |
| EBITDA | $583K | $2.23M | $1.95M | -$453K | -$359K | -$6.24M | -$4.72M | -$396K | -$1.63M | -$659K | -$277 | -$70K | $0 |
| EBITDA Margin | 15.0% | 33.8% | 52.4% | - | - | -20796.7% | - | -150694.7% | -10528.7% | -11132.5% | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Assets | |||||||||||||
| Current Assets | |||||||||||||
| Cash and Cash Equivalents | $100K | $1.87M | $736K | $224K | $113K | $173K | $10K | $303K | $56 | $16K | $838 | $1K | $2K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $100K | $1.87M | $736K | $224K | $113K | $173K | $10K | $303K | $56 | $16K | $838 | $1K | $2K |
| Accounts Receivable | $510K | $303K | $1.04M | $636K | $319K | $427K | $41K | $221K | $0 | $0 | $0 | $0 | $0 |
| Inventory | $1.67M | $882K | $1.22M | $0 | $99K | $99K | $124K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $50K | $8K | $64K | $8K | $54K | $9K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $2.33M | $3.1M | $3.09M | $910K | $584K | $755K | $213K | $559K | $56 | $156K | $838 | $1K | $2K |
| Long-Term Assets | |||||||||||||
| Property, Plant & Equipment Net | $3.59M | $4.22M | $5.48M | $5.62M | $6.93M | $7.89M | $8.1M | $2.6M | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $260K | $248K | $269K | $263K | $3.68M | $3.67M | $8.15M | $3.59M | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $138K | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $776K | $1.87M | $721K | $220K | $220K | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | -$1.29M | $0 | $16.03M | -$220K | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | -$6.66M | $1.29M | $0 | -$16.25M | $31K | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $3.85M | $4.47M | $5.75M | $6.66M | $12.48M | $12.28M | $16.25M | $6.22M | $0 | $138K | $0 | $0 | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $6.18M | $7.57M | $8.84M | $7.57M | $13.06M | $13.04M | $16.46M | $6.78M | $56 | $294K | $838 | $1K | $2K |
| Liabilities | |||||||||||||
| Current Liabilities | |||||||||||||
| Accounts Payable | $394K | $487K | $2.95M | $496K | $2.89M | $1.81M | $2.49M | $1.74M | $110K | $278K | $12K | $51K | $400 |
| Short-Term Debt | $986 | $9.86M | $986 | $986 | $986 | $5K | $78K | $222K | $573K | $702K | $13K | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $49K | $35K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $198K | $0 | $43K | $0 | $1.05M | $43K | $43K | $613K | $428K | $659K | $0 | $0 | $0 |
| Other Current Liabilities | $2.15M | -$7.34M | $11.47M | $3.9M | $8K | $2.93M | $896K | $3.02M | $1K | $475K | $1K | $228 | $0 |
| Total Current Liabilities | $13.38M | $13.1M | $14.59M | $6.93M | $4.04M | $4.87M | $5.13M | $3.44M | $2K | $2.11M | $1K | $280 | $400 |
| Long-Term Liabilities | |||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $48K | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $1.35M | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | -$1.35M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $42 | $355 | $5.88M | $9.64M | $10.06M | $1.35M | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $858K | $985K | $1.22M | $7.2M | $11.17M | $11.68M | $1.39M | $1.96M | $682 | $979K | $493 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.96M | -$682K | -$979K | -$493K | $0 | $0 |
| Total Liabilities | $14.24M | $14.08M | $15.81M | $14.13M | $15.22M | $16.56M | $6.53M | $3.44M | $2.06M | $2.11M | $1.09M | $280K | $400 |
| Stockholders' Equity | |||||||||||||
| Preferred Stock | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $100 | $1 | $0 | $0 |
| Common Stock | $62K | $62K | $62K | $62K | $62K | $57K | $57K | $9K | $1K | $4K | $2K | $690 | $2K |
| Retained Earnings | -$32.31M | -$30.95M | -$31.11M | -$30.78M | -$26.26M | -$26.54M | -$19.46M | -$9.09M | -$7.19M | -$5.45M | -$3.11M | -$359K | -$657 |
| Comprehensive Income & Other | -$979K | -$784K | -$1.09M | -$999K | -$1.11M | -$1.17M | -$897K | -$56K | $73K | $52K | $0 | -$0 | $0 |
| Other Stockholders' Equity | $24.18M | $24.38M | $24.07M | $24.16M | $24.05M | $22.96M | $29.34M | $12.43M | $5.13M | $3.63M | $2.02M | $80K | $257 |
| Total Equity | -$8.06M | -$6.51M | -$6.97M | -$6.56M | -$2.15M | -$3.52M | $9.94M | $3.34M | -$2.06M | -$1.82M | -$1.09M | -$279K | $2K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $6.18M | $7.57M | $8.84M | $7.57M | $13.06M | $13.04M | $16.46M | $6.78M | $56 | $294K | $838 | $1K | $2K |
| Supplementary Data | |||||||||||||
| Total Debt | $1.03M | $10.98M | $1.35M | $1.43M | $1.63M | $1.71M | $126K | $222K | $573K | $702K | $13K | $0 | $0 |
| Net Debt | $933K | -$744K | $616K | $1.21M | $1.52M | $1.54M | $115K | -$82K | $573 | $685K | $12K | -$1K | -$2K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Operating Activities | |||||||||||||
| Net Income | -$1.36M | $161K | -$324K | -$4.52M | $273K | -$7.07M | -$10.37M | -$1.9M | -$1.74M | -$2.34M | -$2.75M | -$358K | -$1K |
| Depreciation & Amortization | $898K | $916K | $812K | $885K | $972K | $293K | $111K | $1.36M | $13K | $1.62M | $2.75M | $288K | $1K |
| Deferred Income Tax | -$653 | -$6K | $0 | -$496 | -$19K | $7K | -$64K | $76K | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $821 | $2K | $5K | $6K | $636K | $175K | $739K | $1.39M | $1.94M | $0 | $0 |
| Changes in Working Capital: | |||||||||||||
| Accounts Receivable | -$341K | $787K | -$1.01M | $58K | $148K | -$642K | $255K | -$173K | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$729K | $247K | $589K | -$58K | -$148K | $25K | -$255K | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $606K | $152K | $982K | -$466K | $1.42M | $642K | -$1.7M | $721K | -$265K | $66K | $0 | $0 | $0 |
| Other Working Capital | -$126K | -$394K | -$320K | -$172K | -$183K | $193K | $487K | -$225K | $140K | -$140K | $630K | $279K | $2K |
| Total Working Capital Change | -$589K | $879K | $241K | -$638K | $1.23M | $218K | -$1.21M | $496K | -$125K | -$74K | $630K | $279K | $1K |
| Other Non-Cash Items | $209K | $207K | -$1.32M | $3.26M | $298K | $3.69M | $1.36M | -$903K | $1.59M | -$1.01M | -$2.75M | -$218K | -$1K |
| Net Cash from Operating | -$842K | $2.16M | -$590K | -$1.01M | $100K | -$1.43M | -$5.52M | -$699K | -$262K | -$421K | -$180K | -$9K | -$257 |
| Investing Activities | |||||||||||||
| Capital Expenditures | -$75K | -$69K | -$22K | -$314 | $0 | -$43K | -$3.82M | -$1.8M | $0 | -$138K | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $1.02M | -$1.42M | -$934K | $19K | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | -$2.03M | -$1.42M | -$934K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $1.02M | $0 | $1.87M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $156K | -$179K | $439K | $1.02M | $1.43M | -$934K | -$308K | -$1.8M | $0 | -$138K | $0 | $0 | $0 |
| Net Cash from Investing | $81K | -$179K | $417K | $1.02M | -$1.41M | -$976K | -$3.8M | -$1.8M | $0 | -$138K | $0 | $0 | $0 |
| Financing Activities | |||||||||||||
| Debt Repaid | $1.06M | $730K | -$667K | -$133K | -$315K | -$2.74M | $300K | -$354K | -$86K | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $1.03M | $0 | $9.21M | $2.52M | $0 | $20K | $0 | $10K | $2K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2K | -$2K |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | -$10K | -$90K | -$130K | $9.23M | -$95K | $160K | -$51K | $180K | $28K | $257 |
| Net Cash from Financing | -$1.06M | -$730K | $667K | $123K | $1.25M | $2.57M | $8.98M | $2.71M | $246K | $574K | $180K | $8K | $357 |
| Forex Effect | $57K | -$121K | $18K | -$13K | -$5K | $9K | $45K | $96K | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$1.77M | $1.13M | $513K | $110K | -$59K | $171K | -$293K | $303K | -$16K | $15K | -$246 | -$916 | $100 |
| Supplementary Data | |||||||||||||
| Operating Cash Flow | -$842K | $2.16M | -$590K | -$1.01M | $100K | -$1.43M | -$5.52M | -$699K | -$262K | -$421K | -$180K | -$9K | -$257 |
| Capital Expenditure | -$75K | -$69K | -$22K | -$314 | $2 | -$43K | -$3.82M | -$1.8M | $0 | -$138K | $0 | $0 | $0 |
| Free Cash Flow | -$917K | $2.09M | -$612K | -$1.02M | $100K | -$1.48M | -$9.33M | -$2.5M | -$262K | -$559K | -$180K | -$9K | -$257 |
| Cash at Beginning | $1.88M | $745K | $232K | $122K | $182K | $10K | $303K | $56 | $16K | $838 | $1K | $2K | $0 |
| Cash at End | $109K | $1.88M | $745K | $232K | $122K | $182K | $10K | $303K | $56 | $16K | $838 | $1K | $100 |