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Tag Archives: TerrAscend

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TerrAscend Announces Upsizing of Previously Announced Non-Brokered Private Placement

TerrAscend Announces Upsizing of Previously Announced Non-Brokered Private Placement
TerrAscend Corp. (CSE:TER) ("TerrAscend" or the "Company") is pleased to report that its previously announced private placement (the "Private Placement") was met with strong investor interest, and that the Company now intends to increase the offering size to approximately US$30 million - US$40 million.  The Company has received a lead order from funds advised by JW Asset Management, LLC and its affiliates for a minimum investment of US$10 million.  For further details concerning the Private Placement, please refer to the Company's news release dated April 22, 2019. 
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TerrAscend Provides Business Update Including Preliminary Fourth Quarter Revenue

TerrAscend Provides Business Update Including Preliminary Fourth Quarter Revenue
TerrAscend Corp. (CSE: TER; OTCQX: TRSSF) ("TerrAscend" or "The Company") today announced preliminary fourth quarter and full year revenue ending December 31st, 2018 of CAD$4.8 millionii and CAD$6.6 millioniii, respectively. "We are thrilled with what we accomplished in 2018, and we are seeing increasing momentum across our businesses thus far in 2019. Our sales in Canada have been strong since the October launch of the adult-use market, and our Haven St. Premium brand is clearly resonating with provincial distributors and consumers. Meanwhile, in just four months since the initiation of our US strategy, TerrAscend has positioned itself to be one of the industry's leading multi-state operators. We are excited by our progress towards becoming a leading global cannabinoid company and look forward to providing our full year 2019 outlook at the upcoming investor day on April 25th", said Matthew J. Johnson, President of TerrAscend Corp., and TerrAscend USA, Inc.
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TerrAscend Completes Acquisition of Grander Distribution, a US Hemp-Derived Products Company

TerrAscend Completes Acquisition of Grander Distribution, a US Hemp-Derived Products Company
TerrAscend Corp. (CSE: TER; OTCQX: TRSSF) ("TerrAscend") today announced the closing of the previously reported asset acquisition of Grander Distribution, LLC ("Grander"). Grander is an industry leader in the production and distribution of innovative hemp-derived wellness products. Their whole-plant hemp extract products are made in the USA and are available for sale in ~10,000 retail locations worldwide.
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TerrAscend Completes Acquisition of Grander Distribution, a US Hemp-Derived Products Company

TerrAscend Completes Acquisition of Grander Distribution, a US Hemp-Derived Products Company
Jan. 15, 2019 /CNW/ - TerrAscend Corp. (CSE: TER; OTCQX: TRSSF) ("TerrAscend") today announced the closing of the previously reported asset acquisition of Grander Distribution, LLC ("Grander"). Grander is an industry leader in the production and distribution of innovative hemp-derived wellness products. Their whole-plant hemp extract products are made in the USA and are available for sale in ~10,000 retail locations worldwide.
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