TerrAscend Corp.

Connecticut legislature’s Judiciary Committee is working on a bill that would reconsider cannabis-related offenses following Gov. Ned Lamont's (D) announcement that thousands of CT residents convicted of weed possession would have their records cleared in an...

More than 7,500 Missourians have had their marijuana cases expunged from all public records since Amendment 3 became effective on December 8. Missouri voters legalized adult-use cannabis in November's midterms by approving Amendment 3 and making Missouri the first state in the union...

Even top multi-state operators (MSOs) are feeling the impact of the demand  and supply capital imbalance faced by the cannabis industry, says Cantor Fitzgerald's Pablo Zuanic who noted that refinancings are being undertaken at higher than normal costs. "As we continue...

Most U.S. cannabis multistate operators reported modest to significant year-over-year revenue gains. Among the companies with the highest revenue in the third quarter were Curaleaf Holdings (OTC: CURLF) with $339 million followed by Trulieve Cannabis (OTC: TCNNF) with $300 million. In a...

Indeed, Michigan's cannabis market is consistently growing. However, Detroit is dealing with some issues. Cannabis regulators are reportedly not releasing the 90 applications they received in October for marijuana retail and lounge licenses, according to Axios. See Also: How To Verify If A NY...

Michigan's cannabis sales in November increased by 33.2% over last year to $203.4 million. November sales represent the largest year-over-year growth since February, even though the state's cannabis sales dipped by an additional 2.9% compared to October. Medical & Recreational Sales In...

California's marijuana industry owes the state a quarter-billion dollars in unpaid taxes. According to Green Market Report, the cannabis sector "as a whole was carrying $250,410,890 in unpaid sales and cannabis taxes, out of a $4.4 billion total in taxes due.” The report cited data...

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...

The Federal Government could be sued by a coalition of multi-state operators (MSOs) in the cannabis industry, reported Marijuana Moment last Friday. The coalition says it will sue the Feds because they believe that its marijuana policies are unconstitutional. Abner Kurtin, founder...

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...

Cannabis company TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) reported Friday it has secured $120 million in financing through a Senior Secured Term Loan with a syndicate of lenders. The closed loan is secured by Ilera Healthcare, a Pennsylvania-based subsidiary of the Mississauga, Ontario-...

TerrAscend Launches 5th California Store TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) has cut the ribbon on its eighth dispensary. The new Apothecarium store — located at 1850 41st Avenue in Capitola — is the fifth retail location the Mississauga, Canada-based ...

Net sales at TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) amounted to CA$51 million in the company's third quarter earnings report for 2020. That’s a sequential increase of 8% and a 90% year-over-year. Moreover, adjusted EBITDA amounted to CA$17.8 million for the same period...

Jason Wild, CEO of JW Asset Management LLC, is one of the most seasoned U.S. institutional investors in legal cannabis.  The former pharmacist, who oversees $1 billion in assets, recently chatted with Barron's about his fund. "From 1998 to 2010...

Canadian cannabis company TerrAscend Corp. (OTC: TRSSF) is expanding south of the border and establishing a presence in the U.S. through the acquisition of California-based retailer Apothecarium. What Happened The value of the deal is $118.4 million; TerrAscend will pay $73.7 million in...