TerrAscend Reports Fourth Quarter and Full Year 2023 Full year 2023 record Net Revenue of $317.3 million, an increase of 28.0% year-over-year
Full year 2023 Gross Profit margin of 50.3%, a 930 basis-point improvement year-over-year
Full year 2023 Adjusted EBITDA from continuing operations1 of $68.8 million, an increase of 77.1% year-over-year
Delivered first full year of both positive Cash Flow from continuing operations and Free Cash Flow2
TORONTO, March 14, 2024 (GLOBE NEWSWIRE) -- TerrAscend Corp. (“TerrAscend” or the “Company”) (TSX: TSND, OTCQX: TSNDF), a leading North American cannabis company, today reported its financial results for the fourth quarter and full year ended December 31, 2023. All amounts are expressed in U.S. dollars and are prepared under U.S. Generally Accepted Accounting Principles (GAAP), unless indicated otherwise.
TerrAscend Reports Fourth Quarter and Full Year 2023 (globenewswire.com)