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TerrAscend (TRSSF) is a leading North American cannabis operator with vertically integrated operations in key markets. The company's focus is on creating high-quality products and brands, supported by a strong financial position and strategic partnerships.
Recently, TerrAscend completed the acquisition of Blue Ridge, a move expected to enhance EBITDA and cash flow. The company's executives in Toronto recently rang the opening bell for a trading session, showcasing their commitment to growth and development.
With a new OTC Markets symbol change aligning with their TSX listing, TerrAscend continues to demonstrate its dedication to expanding its presence and delivering value to shareholders.
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TerrAscend Corp. has completed its acquisition of Herbiculture Inc., a medical dispensary in Maryland. The acquisition brings TerrAscend's total dispensaries in the state to four, reaching the state's cap. With the recent launch of adult-use sales in Maryland, TerrAscend expects Herbiculture to experience substantial sales and profit growth. The acquisition is projected to immediately increase TerrAscend's EBITDA and cashflow. Herbiculture has a net revenue run rate of approximately US$4.3 million and is expected to see sales and margin improvement by offering TerrAscend's high-quality brands. TerrAscend now has a total of 38 dispensaries nationwide.
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TerrAscend Corp. announces a change in its stock ticker symbol on the OTC Markets to align with its recent listing on the TSX.
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TerrAscend Corp. announces the commencement of trading of its common shares on the Toronto Stock Exchange under the new ticker symbol 'TSND'. The company closed its third tranche of private placements, raising approximately US$21 million.
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FAQ
What is the market cap of TRSSF (TRSSF)?
The market cap of TRSSF (TRSSF) is approximately 601.9M.
What is TerrAscend's main focus?
TerrAscend focuses on creating high-quality cannabis products and brands, supported by a strong financial position and strategic partnerships.
What recent acquisition did TerrAscend complete?
TerrAscend completed the acquisition of Blue Ridge, which is expected to enhance EBITDA and cash flow.
Where are TerrAscend's executives based?
TerrAscend's executives are based in Toronto, where they recently rang the opening bell for a trading session.
What recent change occurred with TerrAscend's symbol?
TerrAscend underwent a symbol change on the OTC Markets to align with their recent listing on the TSX.
What sets TerrAscend apart in the cannabis industry?
TerrAscend stands out in the cannabis industry for its vertical integration, focus on quality, and strategic approach to growth.
How can investors contact TerrAscend for more information?
Investors can reach TerrAscend's Chief Financial Officer, Keith Stauffer, at 717-343-5386 or IR@terrascend.com.
Who should investors contact for media inquiries about TerrAscend?
For media inquiries about TerrAscend, contact Briana Chester at MATTIO Communications at 424-465-4419 or terrascend@mattio.com.
What is TerrAscend's goal for its products and brands?
TerrAscend aims to create high-quality products and brands that resonate with consumers and drive growth.
How does TerrAscend demonstrate its commitment to shareholders?
TerrAscend demonstrates its commitment to shareholders through strategic moves like acquisitions, listing changes, and executive engagement.
Where does TerrAscend operate?
TerrAscend operates in key markets across North America, focusing on regions with high growth potential and market demand.
TRSSF
OTC:TRSSF
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TRSSF Stock Data
601.91M