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TerrAscend (TSNDF)

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Earnings summaries and quarterly performance for TerrAscend.

Recent press releases and 8-K filings for TSNDF.

TerrAscend closes Union Chill Dispensary acquisition, expanding New Jersey footprint
TSNDF
M&A
New Projects/Investments
Debt Issuance
  • TerrAscend Corp. closed the acquisition of Union Chill Cannabis Company LLC on December 26, 2025, expanding its retail footprint in New Jersey to four dispensaries.
  • The acquired dispensary generates over $11 million in annualized revenue and is expected to be immediately accretive to EBITDA and cashflow.
  • The total consideration for the transaction was $13 million, consisting of $9 million in 6.5% convertible notes and $4 million in cash upon the exercise of an option to purchase 35% of Union Chill.
  • Upon full consolidation, TerrAscend's total retail footprint will increase to 20 dispensaries across five U.S. states and Canada.
Dec 30, 2025, 2:09 PM
TerrAscend Reports Q3 2025 Financial Results and Strategic Updates
TSNDF
Earnings
Debt Issuance
Share Buyback
  • TerrAscend Corp. reported net revenue of $65.1 million and a gross profit margin of 52.1% from continuing operations for the third quarter ended September 30, 2025.
  • The company achieved Adjusted EBITDA of $17.0 million and net cash provided from continuing operations of $7.1 million for Q3 2025, marking its 13th consecutive quarter of positive cash flow from continuing operations.
  • During the quarter, TerrAscend completed a $79 million non-dilutive refinancing of existing debt and its Board of Directors authorized a $10 million share repurchase program.
  • TerrAscend announced its decision to exit the Michigan market, with plans to divest substantially all Michigan assets by year-end 2025.
Nov 6, 2025, 12:44 PM