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TerrAscend Reports 3Q 2022 Financial Results: Net Revenue Up 36.4% YoY
Monday, November 14, 2022 - 8:54pm | 559On 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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Pelorus Equity Group Loans $45M To TerrAscend To Support MSO's Growth Intiatives
Wednesday, October 12, 2022 - 8:28am | 471Pelorus Equity Group, a provider of commercial real estate loans for the cannabis sector, closed its $45.5 million debt financing agreement with TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), and its subsidiaries, TerrAscend NJ, LLC and HMS Hagerstown, LLC. TerrAscend is a leading North American...
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TerrAscend And TRP Team Up To Bring Berner's Cookies Into Pennsylvania Cannabis Market
Monday, September 26, 2022 - 9:55am | 369TerrAscend Corp. (OTCQX: TRSSF) (CSE:TER) a North American cannabis operator, has entered into an agreement with TRP - the cannabis holding and operating company with the exclusive rights to introduce Cookies products to Pennsylvania. Strains from Cookies premium genetics will be made available at...
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TerrAscend Completes $28.5M Acquisition Of Michigan-Based Cannabis Dispensary Chain Operator, Pinnacle
Wednesday, August 24, 2022 - 7:35am | 391TerrAscend Corp. (OTCQX: TRSSF) (CSE:TER) has completed the previously announced acquisition of KISA Enterprises MI, LLC ("Pinnacle"), a dispensary chain operator in Michigan, and related real estate assets from KISA Holdings, LLC, for total consideration of $28.5 million. The acquisition...
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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 - 8:26pm | 1074TerrAscend 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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Cannabis Dispensary Roundup: Curaleaf, Verano, Ayr Wellness & More
Monday, August 1, 2022 - 9:51am | 1208Curaleaf Opens Cannabis Dispensary In Tampa Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) recently launched cannabis sales at 10612 Sheldon Road in Tampa, Florida. The opening of Curaleaf Tampa Citrus Park expands the company's retail presence to six locations in Hillsborough County and...
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TerrAscend Opens The Apothecarium Lodi, Its Third Cannabis Dispensary In New Jersey
Wednesday, July 27, 2022 - 10:35am | 533TerrAscend Corp. (OTCQX: TRSSF) (CSE:TER) opened The Apothecarium Lodi, the company's third retail location in New Jersey and 27th overall. The dispensary began medical and adult-use sales on July 26, 2022. "Built with the state's first drive-thru, off of Route 17 and I-80, two of the...
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TerrAscend And Berner's Cookies Opening Cookies Corner In Maplewood, New Jersey
Friday, July 22, 2022 - 10:49am | 320TerrAscend Corp. (OTCQX: TRSSF) (CSE:TER) and Cookies, are opening a New Jersey's "Cookies Corner" at The Apothecarium location in Maplewood. Additional Cookies Corners are scheduled to launch in Lodi and Phillipsburg in the near future. All three retail spaces will offer exclusive...
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Tyson 2.0 Completes $9 Million Series A to Expand Celebrity Brand Portfolio
Thursday, June 30, 2022 - 9:54am | 372Mike Tyson's cannabis brand Tyson 2.0, closed its oversubscribed $9 milllion series A round led by JW Asset Management. Additional investors in the round include K2, Ambria Capital, Tress Capital, and Patrick Carroll. Tyson 2.0 co-founder, president and chairman, Chad Bronstein stated, "...
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Khalifa Kush To Launch At Gage Cannabis Dispensaries In Michigan
Friday, June 24, 2022 - 8:26am | 388TerrAscend Corp. (OTCQX: TRSSF) (CSE:TER) is launching Khalifa Kush ("KK"), a premium cannabis brand founded by Grammy award nominated recording artist Wiz Khalifa, at Gage Cannabis dispensaries in Michigan starting Saturday, June 25th. In March 2022, TerrAscend secured the exclusive...
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Riv Capital Is Being Sued By JW Asset Management, Here Are The Details
Tuesday, May 24, 2022 - 1:14pm | 465RIV Capital Inc. (OTCPK: CNPOF) (CSE: RIV) received notice of an Ontario Superior Court of Justice application by JW Asset Management in connection with the company's process regarding its acquisition of ownership and control of Etain, LLC and Etain IP LLC, owners and operators of legally...
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TerrAscend Says It's Launching First-Ever Cannabis Concentrates In New Jersey
Monday, May 16, 2022 - 10:48am | 392TerrAscend Corp. (CSE:TER) (OTCQX: TRSSF) says it has launched the first-ever cannabis concentrates in the state of New Jersey. Kind Tree Liquid Live Resin Vape Cartridges and Kind Tree Live Resin Crumble are available exclusively at The Apothecarium Maplewood and Phillipsburg locations....
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TerrAscend To See Top-Line & Margin Improvement In 2022, Analyst's Thoughts Post Q1 Earnings
Friday, May 13, 2022 - 1:11pm | 580TerrAscend Corp. (CSE: TER)(OTCQX: TRSSF) reported its first-quarter financial results late Thursday, reporting net sales of $49.7 million, up 1% sequentially. The gross profit margin was 30.5% for the period compared to 42.3% in the prior quarter. The adjusted gross profit margin was 38.4% versus...
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TerrAscend Reports First Quarter 2022 Financial Results, Net Sales Up To $49.7M
Thursday, May 12, 2022 - 10:25pm | 640TerrAscend 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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A Clash Of Titans: Tim Seymour and Jason Wild Speak At Benzinga Cannabis Conference
Thursday, April 21, 2022 - 8:32pm | 356The 2022 Benzinga Cannabis Capital Conference had a slew of great presenters and speakers but only one Clash of Titans: Tim Seymour and Jason Wild. Seymour and Wild, both investors in the cannabis space, offered insights into the industry. Jason Wild is the founder and chief...