Welcome to our dedicated page for Terrascent news (Ticker: TSNDF), a resource for investors and traders seeking the latest updates and insights on Terrascent stock.
TerrAscend Corp. (TSNDF) operates as a vertically integrated cannabis leader across North America's medical and adult-use markets. This page aggregates official announcements and verified news covering operational developments, financial performance, and regulatory compliance milestones.
Investors and industry observers will find timely updates on earnings reports, strategic acquisitions, and product launches across TerrAscend's cultivation, manufacturing, and retail networks. The curated news selection emphasizes material developments impacting the company's position in competitive cannabis markets.
Content highlights include expansion updates from key operational regions, compliance achievements in regulated jurisdictions, and brand portfolio enhancements. All information is sourced from official filings and established financial news outlets to ensure reliability.
Bookmark this page for streamlined access to TerrAscend's evolving business narrative, with updates spanning retail dispensary openings, cultivation capacity increases, and leadership initiatives shaping the cannabis sector.
TerrAscend Corp. (TSX: TSND) (OTCQX: TSNDF), a leading North American cannabis operator, has announced their participation in key conferences this May. The executive management team, including Executive Chairman Jason Wild, CEO Ziad Ghanem, and CFO Keith Stauffer, will represent the company at the 19th Annual Needham Technology, Media, & Consumer Virtual Conference (May 14-16, 2024) and the Canaccord Genuity 8th Annual Global Cannabis Conference in New York City (May 23, 2024). Highlights include a virtual fireside chat by Wild on May 16th at 3:00 PM ET and a panel discussion on emerging US markets on May 23rd at 2:15 PM ET.
TerrAscend Corp. reported a net revenue of $80.6 million, a 16.1% increase year-over-year, with a gross profit margin of 48.0%. The company achieved positive free cash flow and EBITDA growth, showing strong financial performance. Operational highlights include debt reduction, sales growth in Pennsylvania and Michigan, and strategic acquisitions. While net loss decreased, adjusted EBITDA increased by 33%, indicating overall positive business performance.
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