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TerrAscend Releases Financial Results for Q1 2018

Stockhouse Editorial
0 Comments| May 28, 2018

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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.


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