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TerrAscend Expands Footprint Despite Q3 Losses, Can A Move To Ohio Turn The Tide?
Wednesday, November 6, 2024 - 5:24pm | 408Read More...The company recently secured a $140 million senior loan maturing in 2028, carrying a 12.75% interest rate, with no prepayment penalties. Positive Cash Flow Amid Market Challenges TerrAscend Corp. (OTC:TSNDF) reported its third-quarter revenue of $74.2 million Wednesday afternoon marking a 4.3%...
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TerrAscend's Q2 2024 Results: Keeps 48.6% Of Revenue As Profit, EBITDA Margin Increases
Thursday, August 8, 2024 - 6:12pm | 416Read More...TerrAscend Corp. (OTC: TSNDF) reported net revenue of $77.5 million for the second quarter of 2024, reflecting a 7.5% increase compared to $72.1 million in the same period in 2023. Executive chairman Jason Wild highlighted the company's material revenue and EBITDA growth, positive free cash...
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TerrAscend Delighted About Maryland's Cannabis Sales, Meet Exec Chair Jason Wild At Benzinga Conference In Chicago
Monday, August 14, 2023 - 5:01pm | 483Read More...After Maryland’s cannabis users collectively spent a whopping $87.43 million on marijuana products during the state’s first full month of recreational sales, TerrAscend (OTCQX: TRSSF) joined the conversation to point out that their products had a great month as well,...
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New York To Add 212 Retail Cannabis Licenses, Industry Insider's Stinging Response 'Slow Rollout Wasted Millions'
Wednesday, July 19, 2023 - 1:34pm | 515Read More...The New York State Cannabis Control Board (NYCCB) met Wednesday and decided, among other issues, to add 212 additional retail dispensary licenses as part of its much-delayed rollout of legal cannabis. This brings the number of licenses to 463. "The decision to further expand the CAURD...
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Cannabis Companies In Maryland Are In Place And Ready To Open Their Doors On July 1, Huge Turnout Expected
Friday, June 30, 2023 - 9:12am | 637Read More...Maryland will become the 20th state in the nation to launch adult-use cannabis sales this Saturday, July 1, which it did in record time – not even eight months after Maryland voters overwhelmingly approved marijuana legalization in the November midterms. And...
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TerrAscend Closes Acquisition Of Top Performing Maryland Cannabis Dispensary, Peninsula Alternative Health
Wednesday, June 28, 2023 - 4:41pm | 342Read More...TerrAscend Corp (OTCQX: TRSSF) announced the closing of its previously announced acquisition of Derby 1, LLC, or Peninsula Alternative Health, a medical marijuana dispensary in Maryland, adding one more dispensary to the Company’s Maryland footprint in advance of...
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TerrAscend Expands Retail Footprint In Maryland With Acquisition Of Blue Ridge Wellness
Tuesday, June 27, 2023 - 4:25pm | 383Read More...TerrAscend (OTCQX: TRSSF), a leading North American cannabis operator, announced on Tuesday that on June 26 it entered into a definitive agreement to acquire Hempaid, LLC, a medical marijuana dispensary in Maryland. The transaction expands TerrAscend’s footprint to three...
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TerrAscend Closes $25M Commercial Loan With Stearns Bank
Tuesday, June 27, 2023 - 11:34am | 311Read More...TerrAscend Corp. (OTCQX: TRSSF), a leading North American cannabis operator, announced that it has closed on a US$25 million commercial loan with Stearns Bank, noting that the proceeds from the loan will be used to pay down the Company’s higher-interest rate debt, thereby lowering...
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TerrAscend Receives Conditional Approval To List On Toronto Stock Exchange
Wednesday, June 21, 2023 - 2:57pm | 388Read More...TerrAscend Corp. (OTCQX: TRSSF) (CSE: TER) announced that it has received conditional approval from the Toronto Stock Exchange to list its common shares on the TSX. “I would like to express my sincere appreciation to the teams at the TSX, TerrAscend and Cassels for...
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TerrAscend's $22M Purchase Of Peninsula Alternative Health Approved By Maryland's Cannabis Admin
Monday, June 19, 2023 - 5:31pm | 295Read More...TerrAscend (OTCQX: TRSSF) announced Monday afternoon that it has received regulatory approval from the Maryland Cannabis Administration (MCA) for the acquisition previously announced on June 8, 2023, of Derby 1, LLC, a medical dispensary in Maryland. The transaction...
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TerrAscend Reports Record Q4 Revenue Increase Of 4% Sequentially & Full Year 2022 Highlights
Thursday, March 16, 2023 - 6:21pm | 517Read More...TerrAscend Corp. (OTCQX: TRSSF) reported its financial results Thursday afternoon for the fourth quarter and full year ended December 31, 2022. Q4 financial highlights include: Net Revenue was $69.0 million, an increase of 4.2% sequentially and 50.3% year-over-...
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TerrAscend Reports 3Q 2022 Financial Results: Net Revenue Up 36.4% YoY
Monday, November 14, 2022 - 7:54pm | 559Read More...On Monday, TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) reported its financial results for the third quarter ending September 30, 2022. "We took decisive action to reduce our operating expenses in the quarter while still generating record sales. These factors combined to drive substantial...
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New Jersey Adult-Use Sales 'Got Off To A Great Start': TerrAscend Second Quarter 2022 Revenue Increases 10% YoY
Thursday, August 11, 2022 - 7:26pm | 1074Read More...TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) reported its financial results for the second quarter ending June 30, late Thursday. Jason Wild, executive chairman of TerrAscend, noted the firm grew revenue 31% sequentially for the second quarter as New Jersey adult-use sales “got off to a...
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TerrAscend Reports First Quarter 2022 Financial Results, Net Sales Up To $49.7M
Thursday, May 12, 2022 - 9:25pm | 640Read More...TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), reported its financial results late Thursday for the first quarter ending March 31, 2022. First Quarter 2022 Financial Highlights Net Sales were $49.7 million as compared to $49.2 million in Q4 2021. Gross Profit Margin was 30.5% as...
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TerrAscend Accelerates Michigan Retail Expansion Through Acquisition of Pinnacle
Thursday, April 14, 2022 - 10:36pm | 586Read More...TerrAscend Corp. (CSE: TER)(OTCQX: TRSSF), a leading North American cannabis operator has entered into a definitive agreement to acquire KISA Enterprises MI, LLC and KISA Holdings, LLC ("A.k.a. Pinnacle"), a dispensary operator in Michigan, and related real estate, for $28.5...
















