TerrAscend Corp. (TSX: TSND)

Canada flag Canada · Delayed Price · Currency is CAD
1.600
+0.040 (2.56%)
Oct 25, 2024, 4:00 PM EDT
-35.74%
Market Cap 453.56M
Revenue (ttm) 457.08M
Net Income (ttm) -109.77M
Shares Out 290.75M
EPS (ttm) -0.39
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 194,617
Open 1.570
Previous Close 1.560
Day's Range 1.570 - 1.630
52-Week Range 1.510 - 3.210
Beta 1.90
Analysts n/a
Price Target n/a
Earnings Date Nov 6, 2024

About TerrAscend

TerrAscend Corp. cultivates, processes, and sells medical and adult use cannabis in Canada and the United States. The company produces and distributes hemp-derived wellness products to retail locations; and manufactures vaporizables, concentrates, topicals, tinctures and edibles. It also operates retail dispensaries under the Apothecarium and State Flower brand names. The company was incorporated in 2017 and is headquartered in Mississauga, Canada. [Read more]

Sector Healthcare
Founded 2017
Employees 1,165
Stock Exchange Toronto Stock Exchange
Ticker Symbol TSND
Full Company Profile

Financial Performance

In 2023, TerrAscend's revenue was $317.33 million, an increase of 28.04% compared to the previous year's $247.83 million. Losses were -$95.55 million, -71.04% less than in 2022.

Financial numbers in USD Financial Statements

News

These Marijuana Stocks Could See Big Gains During The Presidential Race

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10 hours ago - MarijuanaStocks

Top Marijuana Penny Stocks to Watch Next Week for Potential Gains

As the cannabis industry continues to grow, marijuana stocks have gained significant attention from investors. In 2023, the U.S. cannabis market generated over $32 billion in sales, and projections su...

6 days ago - MarijuanaStocks

Marijuana Operator TerrAscend To Report Quarterly Earnings Soon, Hear From Its Top Exec At Benzinga Cannabis Conference

North American cannabis company TerrAscend Corp. (TSX: TSND) (OTCQX: TSNDF) will host a scheduled conference call to discuss the results for its third quarter ended Sept. 30, 2024 on Wednesday, Nov....

17 days ago - Benzinga

TerrAscend to Host Third Quarter 2024 Earnings Conference Call

TORONTO, Oct. 07, 2024 (GLOBE NEWSWIRE) -- TerrAscend Corp. ("TerrAscend" or the "Company") (TSX: TSND) (OTCQX: TSNDF), a leading North American cannabis company, today announced that it will host a s...

18 days ago - GlobeNewsWire

Cannabis Company TerrAscend Secures Second And Final $26M Loan, Reduces Debt In Michigan

TerrAscend Corp. (OTC: TSNDF) cannabis company announced that it has completed the second and final draw of $26 million as part of its $140 million senior secured term loan . The loan, managed by Foc...

24 days ago - Benzinga

TerrAscend Closes on Remaining US$26 Million Draw of US$140 Million Debt Financing

Proceeds from second draw used to pay down higher interest Michigan debt Proceeds from second draw used to pay down higher interest Michigan debt

24 days ago - GlobeNewsWire

Top Marijuana Stocks To Watch During The Presidential Race

What should people looking for the best marijuana stocks to buy be searching for? Now there are some basic principles most know to follow. Some of these principles may include investing in a profitabl...

4 weeks ago - MarijuanaStocks

Chart Of The Week: Cannabis Credit Markets Are Hot Across the Credit Quality Spectrum

The cannabis debt market is HOT! The five issues shown on the chart were all completed in the third quarter of 2024 (with two weeks remaining) and account for approximately $632M of proceeds, greater ...

5 weeks ago - Benzinga

TerrAscend to Participate in the ATB Capital Markets 2024 Life Sciences Institutional Investor Conference on September 18th in NYC

TORONTO, Sept. 05, 2024 (GLOBE NEWSWIRE) -- TerrAscend Corp. (“TerrAscend” or the “Company”) (TSX: TSND) (OTCQX: TSNDF), a leading North American cannabis company, today announced that its executive m...

7 weeks ago - GlobeNewsWire

TerrAscend Launches $10M Share Repurchase Program Amid Strong Q2 Results

TerrAscend Corp. (TSX: TSND) (OTC: TSNDF), a leading cannabis operator with headquarters in Canada, announced Tuesday the authorization of a $10 million share repurchase program . This marks the fir...

2 months ago - Benzinga

TerrAscend Announces $10 Million Share Repurchase Program

TORONTO, Aug. 20, 2024 (GLOBE NEWSWIRE) -- TerrAscend Corp. ("TerrAscend" or the "Company") (TSX: TSND) (OTCQX: TSNDF), a leading North American cannabis company, today announced that its Board of Dir...

2 months ago - GlobeNewsWire

Cannabis Chart Of The Week: Which Leverage Metric Should Investors Keep A Close Eye On?

The cannabis credit markets have come back to life with several major refinancings, including Ascend (OTC: AAWH), TerrAscend (OTC: TSNDF), and Jushi (OTC: JUSHF). The market has become more sophist...

2 months ago - Benzinga

Top Marijuana Stocks For You 2024

There is a large amount of speculation on what will take place for marijuana stocks. Currently, speculation is fueling the trading momentum which is impacted by several factors. The biggest factor is ...

2 months ago - MarijuanaStocks

TerrAscend's Q2 2024 Results: Keeps 48.6% Of Revenue As Profit, EBITDA Margin Increases

TerrAscend Corp. (OTC: TSNDF) reported net revenue of $77.5 million for the second quarter of 2024, reflecting a 7.5% increase compared to $72.1 million in the same period in 2023. Executive chairman...

2 months ago - Benzinga

TerrAscend Reports Second Quarter 2024 Financial Results

Net Revenue of $77.5 million, an increase of 7.5% year-over-year Cash Flow from continuing operations of $13.1 million and Free Cash Flow 1 of $11.7 million #1 market share position in New Jersey thro...

2 months ago - GlobeNewsWire

TerrAscend Cannabis Wraps Up $140M Debt Financing, 'No Other Material Debt Maturing' Until 2027, Says Exec Chairman

TerrAscend Corp . (TSX: TSND) (OTCQX: TSNDF) announced on Friday that together with certain entities that are consolidated by the company, it has closed on a senior secured term loan for gross proce...

3 months ago - Benzinga

3 Marijuana Stocks To Buy For Better Trading This Month?

Marijuana stocks are still in a volatile position and this does not present much change in the market. Nevertheless, there are still chances to take advantage of the sector. For those who are not awar...

3 months ago - MarijuanaStocks

TerrAscend Completes $140 Million Debt Financing

Non-dilutive financing bears a coupon of 12.75% with a four-year term and no prepayment penalties No material debt maturing until late 2027 TORONTO, Aug. 02, 2024 (GLOBE NEWSWIRE) -- TerrAscend Corp. ...

3 months ago - GlobeNewsWire

Best Marijuana Stocks to Watch Before August 2024

Investors seek promising opportunities, and marijuana stocks are catching attention this week. These low-cost stocks offer potential high returns, making them attractive despite their inherent risks. ...

3 months ago - MarijuanaStocks

TerrAscend to Host Second Quarter 2024 Earnings Conference Call

TORONTO, July 10, 2024 (GLOBE NEWSWIRE) -- TerrAscend Corp. ("TerrAscend" or the "Company") (TSX: TSND) (OTCQX: TSNDF), a leading North American cannabis company, today announced that it will host a s...

3 months ago - GlobeNewsWire

Cannabis companies to appeal federal commerce clause lawsuit

A group of cannabis companies plans to appeal a lawsuit to overturn a federal prohibition on cannabis because it restricts state-legal commerce, after a judge dismissed it.

4 months ago - Market Watch