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: