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Terrascend Corp T.TSND

Alternate Symbol(s):  TSNDF

Healthcare Cannabis
TerrAscend Corp. is a Canada-based cannabis company. The Company has vertically integrated licensed operations in Pennsylvania, New Jersey, Maryland, Michigan and California through TerrAscend Growth Corp. and retail operations in Canada through TerrAscend Canada Inc. (TerrAscend). TerrAscend operates The Apothecarium, Gage and other dispensary retail locations as well as scaled cultivation, processing, and manufacturing facilities in its core markets. TerrAscend’s cultivation and manufacturing practices yield consistent, high-quality cannabis, providing product selection to both the medical and legal adult-use markets. The Company a variety of product types including flower, vaporizable, concentrates, topicals, tinctures, and edibles. The Company owns or licenses several synergistic businesses and brands including Gage Cannabis, The Apothecarium, Cookies, Lemonnade, Ilera Healthcare, Kind Tree, Legend, State Flower, Wana, and Valhalla Confections.


TSX:TSND - Post by User

Terrascend Corp > Great progress getting ready for the USA expansion. ..
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Post by proneon May 20, 2021 4:20pm
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Post# 33242260

Great progress getting ready for the USA expansion. ..

Great progress getting ready for the USA expansion. ..

BRIEF-TerrAscend Reports Qtrly Net Sales Increased 106% To $53.4 Mln

7:37AM ET on Wednesday May 19, 2021 by Thomson Reuters
Companies Mentioned: TER
 

May 19 (Reuters) - TERRASCEND:

* TERRASCEND - QTRLY NET SALES INCREASED 106% TO $53.4 MILLION; QTRLY LOSS PER SHARE $0.08

* TERRASCEND - QTRLY ADJUSTED EBITDA OF $22.6 MILLION VERSUS $3.7 MILLION; QTRLY ADJUSTED. GROSS PROFIT MARGIN INCREASED TO 65% VERSUS 45%

* TERRASCEND - RAISES FY 2021 GUIDANCE FOR NET SALES TO EXCEED $300 MILLION & ADJUSTED EBITDA TO EXCEED $128 MILLION

* TERRASCEND - PREPARING TO MEET REQUIREMENTS NECESSARY FOR SECURITIES TO BE TRADED ON A NATIONAL U.S. EXCHANGE SHOULD IT BECOME PERMISSIBLE BY LAW Source text for Eikon: [ID: nCNWgg5Vka] Further company coverage:

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