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EXCLUSIVE: Why TerrAscend's Success Doesn't Rely On Federal Cannabis Reform
Thursday, September 28, 2023 - 4:06pm | 817At a time when marijuana businesses are hoping for cannabis reform on the federal level, one company is no longer at the mercy of policymakers on the Hill. "We're independent of the need for federal reform or tax relief or anything like that," Jason Wild, chairman of TerrAscend Corp....
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Why 280e Change Spells Good News For Cannabis Cash Flow: Jason Wild Weighs In
Monday, September 11, 2023 - 1:05pm | 622Jason Wild, executive chairman of TerrAscend Corp (OTC: TRSSF), spoke at the Benzinga Cannabis Capital Conference in Miami. The discussion primarily revolved around the state of the industry and its future outlook. If you're interested in more insights from Wild, he will be a keynote speaker at...
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Big Changes Coming To New Jersey's Cannabis Market And Weed Giants Pay Fines
Monday, September 11, 2023 - 10:27am | 511Cannabis regulators in New Jersey will begin accepting applications later this month for three more marijuana license categories. Starting September 27, the New Jersey Cannabis Regulatory Commission (NJ-CRC) will exclusively accept applications from social equity businesses for wholesalers,...
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This US Cannabis Stock Is No Longer At The Mercy Of U.S. Regulations, Here's Why
Wednesday, August 23, 2023 - 3:44pm | 733At a time when many are giving up on investing in cannabis, Jason Wild, the executive chair of TerrAscend Corp. (TSX: TSND) (OTCQX: TRSSF) and his colleagues managed to raise $21 million in equity and senior unsecured convertible debentures through two rounds of funding and list on...
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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 - 6:01pm | 483After 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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TerrAscend Q2 Net Revenue Grows 12.7% YoY, What About Adjusted EBITDA?
Friday, August 11, 2023 - 7:50am | 519TerrAscend Corp. (OTCQX: TSNDF) (TSX:TSND) released its financial results for the second quarter ended June 30, 2023. The following financial measures are reported as results from continuing operations due to the shutdown of the licensed producer business in Canada, which is reported as...
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TerrAscend Preliminary Q2 2023 Net Revenue Grows 12.7% YoY To $72.1M
Tuesday, August 1, 2023 - 10:04am | 524TerrAscend Corp. (OTCQX: TSNDF) (TSX:TSND) released preliminary and unaudited financial results for its second quarter ended June 30, 2023. Based on a preliminary and unaudited review, the company anticipates: Net revenue of $72.1 million, an increase of 12.7% year-over-year and 3.9% sequentially...
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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 - 2:34pm | 515The 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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TerrAscend Reaches Four Dispensary Cap In Maryland With Closing Of Herbiculture Acquisition
Monday, July 10, 2023 - 8:19am | 488TerrAscend Corp. (OTCQX: TSNDF) (TSX:TSND) closed acquisition of Herbiculture Inc., a medical dispensary in Maryland. With this transaction, TerrAscend has reached the four dispensary cap in the state. With the recent launch of adult-use sales in Maryland on July 1, 2023, the company believes that...
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This Weed Company Has Just Become The First US MSO To Trade On Toronto Stock Exchange
Wednesday, July 5, 2023 - 8:10am | 638TerrAscend Corp. (OTCQX: TRSSF) (TSX:TSND) commenced trading of its common shares on the Toronto Stock Exchange on July 4th, under the new ticker symbol "TSND." No action is required by shareholders in order to continue trading their common shares as a result of the listing, or the...
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TerrAscend To Acquire Herbiculture, Adding A Fourth Dispensary In Maryland
Monday, July 3, 2023 - 7:35am | 476TerrAscend Corp. (OTCQX: TRSSF) (CSE:TER) entered into a definitive agreement on June 29, 2023 to acquire Herbiculture Inc. (d/b/a “Herbiculture”), a medical dispensary in Maryland. With this transaction, TerrAscend will reach the four dispensary cap in the state. With the upcoming...
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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 - 10:12am | 637Maryland 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 Completes $37M Paydown Of Senior Secured Term Loan In Pennsylvania
Friday, June 30, 2023 - 9:19am | 336TerrAscend Corp. (OTCQX: TRSSF) (CSE:TER) announced that its subsidiary, WDB Holding PA, Inc., has completed the paydown of $37 million of its senior secured term loan in Pennsylvania, which bears a fixed interest rate of 12.875%. The paydown reduces the loan outstanding in Pennsylvania to $78...
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First American Marijuana MSO To Trade On TSX: TerrAscend Becomes 'Truly Independent'
Thursday, June 29, 2023 - 8:59am | 559TerrAscend Corp.’s (OTCQX: TRSSF) (CSE:TER) common shares will commence trading on the Toronto Stock Exchange on July 4, 2023 under the new ticker symbol “TSND”. No action is required by shareholders in order to continue trading their common shares as a result of the TSX listing...
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TerrAscend Closes Acquisition Of Top Performing Maryland Cannabis Dispensary, Peninsula Alternative Health
Wednesday, June 28, 2023 - 5:41pm | 342TerrAscend 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...