Bullboard - Stock Discussion Forum 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... see more

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Terrascend Corp > TerrAscend Accelerates Michigan Retail Expansion

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Post by Betteryear2 on Apr 14, 2022 5:26pm

TerrAscend Accelerates Michigan Retail Expansion

Adds 5 operational dispensaries, expanding TerrAscend's retail footprint to 17 in Michigan and 32 nationwide

Immediately accretive to TerrAscend on both a Sales and EBITDA basis

TORONTO, April 14, 2022 /CNW/ - TerrAscend Corp. ("TerrAscend" or the "Company") (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced that it has entered into a definitive agreement to acquire KISA Enterprises MI, LLC and KISA Holdings, LLC ("Pinnacle"), a dispensary operator in Michigan, and related real estate, for total consideration of US$28.5 million (the "Transaction"). The Transaction is expected to be immediately accretive to TerrAscend on both a Sales and EBITDA basis.

https://www.newswire.ca/en/releases/archive/April2022/14/c9706.html

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