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.

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Terrascend Corp > Completes Sale of Facility in Canada for CAD$19.7 Million.

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Post by Betteryear2on May 23, 2023 4:11pm

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Post# 35460824

Completes Sale of Facility in Canada for CAD$19.7 Million.

Further strengthens balance sheet by paying down debt and reducing interest expense

Company continues to operate Canadian retail business including its Toronto Cookies store

TORONTO, May 23, 2023 /CNW/ - TerrAscend Corp. ("TerrAscend" or the "Company") (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, announces that, as of today, it has completed the sale of its facility located in Mississauga, Canada for CAD$19.7 million.

TerrAscend Completes Sale of Facility in Canada for CAD$19.7 Million (newswire.ca)