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TerrAscend Reports Record Q4 Revenue Increase Of 4% Sequentially & Full Year 2022 Highlights
Thursday, March 16, 2023 - 7:21pm | 517TerrAscend 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 Applies To List Common Shares On The Toronto Stock Exchange
Tuesday, March 14, 2023 - 7:42am | 464TerrAscend Corp. (OTCQX: TRSSF) has applied to list the company's common shares on the Toronto Stock Exchange. In connection with the company's proposed listing on the TSX, and in order to qualify for the TSX's minimum listing requirements, the company expects to implement an internal...
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TerrAscend Launches Gage Cannabis In Maryland
Thursday, March 9, 2023 - 10:54am | 314TerrAscend Corp. (OTCQX: TRSSF) (CSE:TER) announced that its Gage Cannabis Co. branded products are now available in Maryland. The initial "Free State" product launch features flower strains, including Banana Bread, Dream Candy, Grape Gummiez, Sundae Driver and Popscotti. TerrAscend plans...
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TerrAscend And The Hoffman Centers Partner To Offer Free Expungement Services In New Jersey
Monday, February 27, 2023 - 10:34am | 401TerrAscend Corp. (OTCQX: TRSSF) (CSE:TER) has entered into an agreement with The Hoffman Centers, P.C., to offer free cannabis-related expungement services, which will be sponsored by The Apothecarium. Through the THCSponge Expungement Program, Hoffman aims to correct the historical and present-day...
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Riv Capital Settles With JW Asset Management, Repurchases Almost 20% Of Its Shares
Friday, February 24, 2023 - 8:42am | 502RIV Capital Inc. (OTCPK:CNPOF) (CSE:RIV) has entered into a settlement agreement that has resulted in JW Asset Management, LLC ("JWAM") consenting to the dismissal of its application related to the company's acquisition of Etain, LLC and Etain IP, LLC. Under the terms of the...
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Cookies Detroit Launches Adult-Use Cannabis Sales
Monday, February 13, 2023 - 11:14am | 426TerrAscend Corp. (OTCQX: TRSSF) (CSE:TER) has launched adult-use cannabis sales at its Cookies Detroit retail location. Through its subsidiary Gage Cannabis Co., the company will now provide adult-use customers in Detroit with access to products from brands including GAGE, Cookies, Pure Beauty,...
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Miracle-Gro's Subsidiaries Sue TerrAscend, JW Asset Mgt & Jason Wild For Trying To Ruin Its $175M Investment
Wednesday, February 8, 2023 - 11:13am | 458The Hawthorne Gardening Company and Hawthorne Collective, subsidiaries of the Scotts Miracle-Gro Co (NYSE: SMG), sued JW Asset Management, LLC, TerrAscend Corp (OTCQX: TRSSF) and Jason Wild for violating U.S. antitrust law in their plan to take control of RIV Capital’s (OTCPK:CNPOF...
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TerrAscend Well-Positioned For The Expected Launch Of Maryland's Adult Use Cannabis Program
Monday, January 30, 2023 - 12:08pm | 430TerrAscend Corp. (OTCQX: TRSSF) (CSE:TER) closed its previously announced acquisition of Allegany Medical Marijuana Dispensary, a medical dispensary in Cumberland, Maryland. Under the terms of the agreement, TerrAscend has acquired a 100% equity interest in AMMD for total consideration of $10...
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Wana Brands Teams Up With TerrAscend To Bring Its Edibles To New Jersey And To Expand Its Existing Line-Up In Maryland
Thursday, January 19, 2023 - 10:57am | 410TerrAscend Corp. (OTCQX: TRSSF) (CSE:TER) announced a multi-year agreement with Wana Brands to introduce Wana's products at The Apothecarium retail stores and additional third-party retailers in New Jersey. The agreement will also transfer to TerrAscend, the manufacturing and sales of Wana'...
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JW Asset Management Lowers TerrAscend Holdings
Thursday, December 29, 2022 - 8:39am | 482JW Asset Management, LLC as adviser to several funds, has completed a pro-rata distribution in kind of 2.15 million common shares of TerrAscend Corp. (OTCQX: TRSSF) (CSE:TER) . JW distributed these common shares to certain fund investors to facilitate planned redemptions of the distributees'...
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'Value Has Been Destroyed' - RIV Capital's Largest Shareholder JW Asset Management Urges Leadership Changes
Wednesday, December 21, 2022 - 11:55am | 872JW Asset Management, LLC , the largest shareholder of RIV Capital Inc. (OTCPK:CNPOF) (CSE: RIV), controlling and directing approximately 19.77% of the issued and outstanding class A common shares of the company, has requisitioned a special meeting of shareholders of RIV Capital for the purpose of...
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TerrAscend Significantly Reduces Debt By Amending Pennsylvania Credit Agreement
Wednesday, December 21, 2022 - 9:27am | 415WDB Holding PA, Inc., a subsidiary of TerrAscend Corp. (OTCQX: TRSSF) (CSE:TER) has completed an amendment to its existing $115 million senior secured term loan in Pennsylvania. "TerrAscend has taken significant measures recently to reduce its outstanding debt and interest expense, further...
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Canopy USA Increases Conditional Ownership Of TerrAscend By Converting $91.8M Of Debt To Exchangeable Shares
Monday, December 12, 2022 - 10:47am | 585TerrAscend Corp. (OTCQX: TRSSF) (CSE:TER), has entered into an arrangement dated December 9, 2022 with Canopy USA, LLC (NASDAQ: CGC) and certain of its subsidiaries to convert CA$125.5 million ($91.8 million) in aggregate loans plus accrued interest in exchange for 24.6 million exchangeable shares...
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TerrAscend Appoints Ira Duarte To Board Of Directors
Friday, December 2, 2022 - 9:17am | 448TerrAscend Corp. (OTCQX: TRSSF) (CSE:TER) appointed Ira Duarte to its board of directors. In addition, Duarte will serve as the chair of the audit committee of the board of directors. Duarte is an accomplished senior finance professional with more than 25 years of experience in a variety of finance...
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TerrAscend Reduces Outstanding Debt By $30M
Wednesday, November 30, 2022 - 10:26am | 464TerrAscend Corp. (OTCQX: TRSSF) (CSE:TER) announced that its subsidiary, WDB Holding MI, Inc., and all subsidiaries of TerrAscend, refinanced the existing senior secured term loan of $55.0 million previously announced on November 22, 202, pursuant to an amendment. The amendment provides for a...