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Bullboard - Stock Discussion Forum Terrascend Corp T.TSND

Alternate Symbol(s):  TSNDF

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

TSX:TSND - Post Discussion

Terrascend Corp > Poor Results
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Post by Bullknit101 on May 13, 2022 7:55am

Poor Results

Dr. James V. Baker @caster561 The superior cannabis revenue growth thesis suffered another body blow when $TRSSF reported its Q1 2022 YOY revenue growth was NEGATIVE 7.4% & its per share rate of YOY revenue growth was NEGATIVE 24.4%. Painfully, its YOY gross profit margin fell from 65.5% to 30.5%. #Cannabis 5:35 AM May 13, 2022Twitter Web App
Comment by therivercard on May 17, 2022 4:59pm
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 ...more  
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