TerrAscend Reports Record Fourth Quarter and Full Year 2022 Net Revenue Fourth quarter 2022 record Net Revenue of $69.0 million, an increase of 50.3% year-over-year and 4.2% quarter-over-quarter Fourth...
Canopy USA Converts CAD$125.5 Million in TerrAscend Debt to Exchangeable Shares at CAD$5.10 per Share Transaction increases Canopy USA’s conditional ownership in TerrAscend from 12.0% to 18.2% with the ability to...
TerrAscend Reduces Outstanding Debt by US$30 Million Elects to pay down $30 million of its maturing $55 million senior secured Michigan loan, refinancing the remaining $25 million TORONTO, Nov....
TerrAscend Reports Third Quarter 2022 Financial Results TORONTO, Nov. 14, 2022 /CNW/ – TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator,...
TerrAscend Announces Closing of US$45.5 Million Non-Brokered Debt Financing Non-dilutive financing to strengthen balance sheet and fund growth initiatives TORONTO, Oct. 12, 2022 /CNW/ – TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER) (OTCQX:...
TerrAscend Closes Acquisition of Pinnacle Accretive Acquisition of Five High-Performing Dispensaries Expands TerrAscend’s Retail Footprint to 17 in Michigan and 32 Nationwide DETROIT and TORONTO, Aug. 24, 2022 /CNW/ – TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE:...
TerrAscend Second Quarter 2022 Revenue Increases 31% Sequentially to $65 Million TORONTO, Aug. 11, 2022 /CNW/ – TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER) ( OTCQX: TRSSF), a leading North American...
TerrAscend Reports First Quarter 2022 Financial Results TORONTO, May 12, 2022 /PRNewswire/ – TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today reported its...
TerrAscend Accelerates Michigan Retail Expansion Through Acquisition of Pinnacle Adds 5 operational dispensaries, expanding TerrAscend’s retail footprint to 17 in Michigan and 32 nationwide Immediately accretive to TerrAscend on...
TerrAscend Goes Vertical in Maryland Acquires High-Performing Medical Dispensary Located in Cumberland, MD Valuation Represents 5X 2021 EBITDA with Significant Projected Profitability Growth in 2022 TORONTO, April 11, 2022...
TerrAscend Reports Full Year 2021 Net Sales of $210.4 Million, an Increase of 42% Year-Over-Year Recently completed the acquisition of Gage Growth Corp (“Gage”), a leading high-quality premium cannabis...
TerrAscend Completes Acquisition of Gage Cannabis TORONTO, March 10, 2022 /CNW/ – TerrAscend Corp. (“TerrAscend” or the “Company”) (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis multi-state operator,...
Combines Strong Leadership Teams, a Portfolio of Powerful Brands and Operations Delivering Quality at Scale Expanded Footprint Includes 7 Cultivation Facilities and 25 Retail Locations with Operations in 5...
TerrAscend Reports Third Quarter Net Sales of $49.1 Million and Adjusted EBITDA(1) of $10.5 Million NEW YORK and TORONTO, Nov. 16, 2021 /CNW/ – TerrAscend Corp. (“TerrAscend” or the...
TerrAscend to Acquire Gage Cannabis Establishes Leading Presence in Michigan, the Third Largest U.S. Cannabis Market Combines Industry Leading Retail, Cultivation and Operations Teams Across 7 Cultivation Facilities and...
TerrAscend Reports Second Quarter Net Sales of $58.7 Million, Adjusted EBITDA1 of $24.3 Million and Adjusted EBITDA1 Margin of 41% Signs agreements to be the sole cultivator and manufacturer...
TerrAscend Reports First Quarter Net Sales of USD $53.4 Million and Adjusted EBITDA(1) of USD $22.6 Million Raises full year 2021 guidance for Net Sales to exceed USD $300 million and...
TerrAscend Doubles Dispensary Footprint in Pennsylvania Through Acquisition of Keystone Canna Remedies Acquires Three Operating Dispensaries in Northeast Pennsylvania Purchase price represents a mid-single digit multiple of KCR’s expected...
TerrAscend Reports 2020 Financial Results and Raises Full Year 2021 Guidance Full Year 2020 Net Sales increased 134% year-over-year to $198 million Q4 Net Sales increased 152% year-over-year and 28%...
TerrAscend Announces Management and Board Changes — Jason Ackerman Stepping Down as CEO and Executive Chairman — Jason Wild, Current Chairman of the Board, to Assume Role of Executive...
TerrAscend Preannounces Strong 2020 Results – Full Year Net Sales of $198 Million and Adjusted EBITDA of $60 Million Fourth quarter net sales of $65 million representing growth of...
TerrAscend Announces Closing of Oversubscribed Non-Brokered Private Placement Gross Proceeds of C$224 Million, 80% coming from four large U.S. Institutional investors Announces Departure of Co-Founder and former CEO Dr....
TerrAscend Announces Oversubscribed C$224 Million Non-Brokered Private Placement Fully allocated with 80% of commitments from four large U.S. Institutional Investors including Wasatch Global NEW YORK and TORONTO, Jan. 12,...
TerrAscend Announces Closing of US $120 Million Debt Financing 4 year term loan bears interest of 12.875%, has no equity component and is callable any time No additional external...
TerrAscend Reports Record Third Quarter 2020 Net Sales of $51 Million and Adjusted EBITDA(¹) of $17.8 Million Net sales increased 90% year-over-year to $51 million Adjusted EBITDA1 margin increased to 35%...