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Terrascend Corp C.TER


Primary Symbol: T.TSND Alternate Symbol(s):  TSNDF

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

Comment by therivercardon May 17, 2022 4:59pm
150 Views
Post# 34690440

RE:Poor Results

RE:Poor Results

If you factor out the one time expansion related costs in NJ & Md & the rectified PA product recall, the results look more like a wash with all of the upside sales growth expectations to factor in for 22Q2-Q4 and beyond.  During the conference Wild and the other management members explained these Q1 sped bumps while at the same time expressing their excitement going forward as an industry leader with lots of additional accreative prospects to consider. With this outlook, picking up a couple of thousand shares at the end of the day seems like a gift to me.  Thanks and GLTAlongs

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