Welcome to our dedicated page for Terrascent SEC filings (Ticker: TSNDF), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
TerrAscend Corp. filings document the regulatory record of a Canadian cannabis operator whose common shares trade on OTCQX under TSNDF. Its Form 8-K reports furnish quarterly and annual operating results, preliminary results, business highlights, and continuing-operations measures for the company’s retail, wholesale, cultivation, processing, and manufacturing activities.
Other filings cover governance and capital-structure matters, including definitive proxy materials for annual shareholder votes, director elections, auditor ratification, executive officer appointments and compensation arrangements, and unregistered securities disclosures involving convertible promissory notes. The filing record also reflects material agreements, risk-factor context, and disclosures tied to TerrAscend’s cannabis operations and discontinued Michigan operations.
TerrAscend Corp. filed its Q3 2025 report, showing stable quarterly revenue and continued restructuring. Revenue for the quarter was $65.1 million, essentially flat year over year, with gross profit of $33.9 million and income from operations of $11.1 million. After finance costs and taxes, the company recorded a net loss from continuing operations of $9.9 million, and a total net loss of $24.6 million including discontinued operations tied to its Michigan exit.
Year to date, revenue was $194.4 million versus $201.6 million last year, and the net loss totaled $84.9 million. Cash and cash equivalents rose to $36.5 million from $26.4 million at year-end. The balance sheet reflected total assets of $555.3 million, liabilities of $459.8 million, and shareholders’ equity of $95.5 million. The company upsized its FocusGrowth term loan, with $222.1 million outstanding, and used proceeds to retire the $45.5 million Pelorus loan, recognizing a loss on extinguishment. TerrAscend classified Michigan operations as discontinued, recognized asset impairments, and continued asset sales efforts. Common shares outstanding were 306,967,397 as of September 30, 2025.
TerrAscend ownership update: Multiple reporting persons affiliated with JW Asset Management reported changes to their holdings in TerrAscend Corp. following distributions on August 27, 2025 that reduced fund-level positions. The filing shows specific beneficial ownership counts: JW Asset Management reports 82,814,306 shares (26.19%), JW GP reports 82,654,322 shares (26.14%), JW Partners reports 57,621,892 shares (18.40%), JW Opportunities Fund reports 22,532,576 shares (7.29%) and Jason G. Wild reports 93,775,822 shares (29.54%).
The distributions arose from liquidations and a share-class closure; as part of the distributions Jason Wild received and continues to hold 6,300,567 shares. The filing also discloses a June 24, 2025 grant of 1,364,423 restricted stock units to Jason Wild and the expiration on June 23, 2025 of warrants to purchase 400,001 shares with strike prices above market.