Here are the 10-K annual reports from Target Group Inc (CBDY) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow CBDY and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CBDY filings page.
Target Group Inc., a Canadian cannabis cultivator and processor listed on the Pink Limited Market under “CBDY,” reported 2025 revenue of $3.88 million, down from $6.59 million in 2024, and a net loss of $1.36 million after a small profit the prior year. The company had a working capital deficit of $11.05 million, an accumulated deficit of $32.31 million, and year-end cash of $100,410, while payables to related parties totaled $10.36 million. Its auditor issued a going concern warning, citing these deficits and liquidity pressures. Target operates primarily through its Canary Rx facility in Ontario, producing premium cannabis for Canada’s wholesale market, and faces industry headwinds, including regulatory complexity, oversupply, pricing pressure, and consolidation in the Canadian cannabis sector.