TerrAscend Corp. (TSX: TSND)

Canada flag Canada · Delayed Price · Currency is CAD
1.090
-0.060 (-5.22%)
Nov 20, 2024, 3:59 PM EST
-49.77%
Market Cap 317.23M
Revenue (ttm) 430.80M
Net Income (ttm) -124.99M
Shares Out 291.04M
EPS (ttm) -0.44
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 443,125
Open 1.150
Previous Close 1.150
Day's Range 1.080 - 1.200
52-Week Range 0.930 - 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

Leafly Holdings' 20% YoY Drop In Q3 Revenue And Customer Accounts

Online cannabis discovery marketplace Leafly Holdings (NASDAQ: LFLY) announced its financial results Thursday for the third quarter ended Sept. 30, 2024, with revenue of $8.4 million down from $10.6 ...

12 days ago - Benzinga

TerrAscend Corp. (TSNDF) Q3 2024 Earnings Call Transcript

TerrAscend Corp. (OTCQX:TSNDF) Q3 2024 Earnings Conference Call November 6, 2024 5:00 PM ETCompany ParticipantsJason Wild - Executive ChairmanZiad Ghanem -...

14 days ago - Seeking Alpha

TerrAscend Expands Footprint Despite Q3 Losses, Can A Move To Ohio Turn The Tide?

The company recently secured a $140 million senior loan maturing in 2028, carrying a 12.75% interest rate, with no prepayment penalties. Positive Cash Flow Amid Market Challenges TerrAscend Corp. (OTC...

14 days ago - Benzinga

TerrAscend Expands Footprint Despite Q3 Losses, Can A Move To Ohio Turn The Tide?

The company recently secured a $140 million senior loan maturing in 2028, carrying a 12.75% interest rate, with no prepayment penalties.

14 days ago - Benzinga

TerrAscend Reports Third Quarter 2024 Financial Results

Net Revenue of $74.2 million and Gross Profit Margin of 48.8% 9 th consecutive quarter of positive Cash Flow from continuing operations and fifth consecutive quarter of positive Free Cash Flow 1 Close...

14 days ago - GlobeNewsWire

TerrAscend Enters Ohio with the Signing of Definitive Agreement to Acquire a Well Situated and Profitable Dispensary

Acquisition represents the Company's initial entry into its sixth state ; Intends to be a leader in Ohio through additional acquisitions

14 days ago - GlobeNewsWire

These Marijuana Stocks Could See Big Gains During The Presidential Race

Is there a need to fear marijuana stock investing even after all the growth and progress? Some may still have their doubts but you can not deny how far along things have come in the last 5 years. Over...

26 days 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...

4 weeks 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....

6 weeks 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...

6 weeks 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...

7 weeks 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

7 weeks 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...

7 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 ...

2 months 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...

2 months 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...

3 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...

3 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...

3 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 ...

3 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...

3 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...

3 months ago - GlobeNewsWire