TerrAscend Corp. (
CSE: C.TER,
Forum) released its Q1 2018 financial results on Monday.
Highlights:
- The Company was granted a licence by Health Canada to sell dried cannabis
- Cash flow used in operating activities was $4.1 Million compared to $0.9 million for the prior year period
- Michael Nashat was appointed President and CEO
More information can be found
here.
TerrAscend was also in the news recently when it
made a strategic investment in cannabis innovation firm AHLOT as well as offering corporate and regulatory guidance to support AHLOT's rapid growth.
Full Disclosure: TerrAscend Corp. is a paid client of Stockhouse Publishing.