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.

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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)