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Terrascend Corp TSNDF


Primary Symbol: T.TSND

Healthcare Cannabis
TerrAscend Corp. is a Canada-based cannabis company. The Company provides cannabis products, brands, and services to the United States and Canadian cannabinoid markets. It operates in Pennsylvania, New Jersey, Maryland, Michigan and California through TerrAscend Growth Corp. (TerrAscend Growth) and retail operations in Canada. The Company operates The Apothecarium and Gage dispensary retail locations as well as scaled cultivation, processing, and manufacturing facilities in its core markets. It also operates Peninsula Alternative Health, a medical dispensary in Maryland. The Company owns or licenses several synergistic businesses and brands, including Gage Cannabis, The Apothecarium, Cookies, Lemonnade, Ilera Healthcare, Kind Tree, Legend, State Flower, and Valhalla Confections. Ilera Healthcare is a medical cannabis cultivator, processor and dispenser with operations in New Jersey. Valhalla Confections is a manufacturer of cannabis-infused edibles.


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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