TerrAscend Corp. (TSX:TSND)

Canada flag Canada · Delayed Price · Currency is CAD
0.9350
-0.0150 (-1.58%)
Jun 15, 2026, 3:59 PM EST
Market Cap289.44M +80.1%
Revenue (ttm)365.43M -0.5%
Net Income-114.07M
EPS-0.37
Shares Out 309.56M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume24,650
Open0.9400
Previous Close0.9500
Day's Range0.9250 - 0.9800
52-Week Range0.3250 - 2.0000
Beta2.03
AnalystsStrong Buy
Price Target1.80 (+92.51%)
Earnings DateAug 6, 2026

About TerrAscend

TerrAscend Corp. cultivates, produces, and sells cannabis products in Canada and the United States. The company manufactures vaporizables, concentrates, topicals, flowers, tinctures, and edibles. It offers its products under the brand name Kind Tree Cannabis, Legend, Valhalla Confections, State Flower Cannabis, Ilera Healthcare, Wana, and Cookies. The company also operates retail dispensaries under the Apothecarium brand name. It serves medical patients and adult-use consumers in North America. The company was incorporated in 2017 and is headqu... [Read more]

Sector Healthcare
Founded 2017
Employees 1,038
Stock Exchange Toronto Stock Exchange
Ticker Symbol TSND
Full Company Profile

Financial Performance

In 2025, TerrAscend's revenue was $260.56 million, a decrease of -2.81% compared to the previous year's $268.08 million. Losses were -$86.23 million, 7.47% more than in 2024.

Financial numbers in USD Financial Statements

Analyst Summary

According to 3 analysts, the average rating for TSND stock is "Strong Buy." The 12-month stock price target is $1.80, which is an increase of 92.51% from the latest price.

Price Target
$1.80
(92.51% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

TerrAscend Announces Results of Annual General Meeting

TORONTO, June 09, 2026 (GLOBE NEWSWIRE) -- TerrAscend Corp. (“TerrAscend” or the “Company”) (TSX: TSND) (OTCQX: TSNDF), a leading North American cannabis operator, today announced the results of its a...

6 days ago - GlobeNewsWire

TerrAscend Transcript: AGM 2026

The meeting addressed director elections, auditor ratification, and approvals for stock option and RSU plans, all of which passed with shareholder approval. Voting was conducted online, and results will be announced via press release and Form 8-K.

6 days ago - Transcripts

TerrAscend Schedules Special Meeting of Shareholders in Preparation for U.S. Stock Exchange Uplisting

Special meeting will allow shareholders to vote on share consolidation to support potential uplisting to a U.S. stock exchange Special meeting will allow shareholders to vote on share consolidation to...

10 days ago - GlobeNewsWire

TerrAscend Slides: Investor presentation

TerrAscend has posted slides in relation to its latest quarterly earnings report, which was published on May 8, 2026.

5 weeks ago - Filings

TerrAscend Earnings Call Transcript: Q1 2026

Revenue reached $65.5M in Q1 2026 with strong gross and EBITDA margins, driven by operational efficiencies and growth in core Northeast markets. Regulatory changes, including medical cannabis rescheduling, are expected to further boost profitability and strategic flexibility.

5 weeks ago - Transcripts

TerrAscend Earnings release: Q1 2026

TerrAscend released its Q1 2026 earnings on May 7, 2026, summarizing the period's financial results.

5 weeks ago - Filings

TerrAscend Slides: Q1 2026

TerrAscend has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 7, 2026.

5 weeks ago - Filings

TerrAscend Reports First Quarter 2026 Financial Results

Net Revenue of $65.5 million and Gross Profit Margin of 52.8% for Q1 2026 Q1 2026 Net Cash Provided from Continuing Operations of $8.7 million, representing 13.3% Operating Cash Flow Yield 1 Q1 2026 F...

5 weeks ago - GlobeNewsWire

TerrAscend Slides: Investor presentation

TerrAscend has posted slides in relation to its latest quarterly earnings report, which was published on April 28, 2026.

6 weeks ago - Filings

TerrAscend Announces Preliminary First Quarter 2026 Financial Results and Schedules Earnings Conference Call

First Quarter 2026 Net Revenue Totaled $65.5 million with Gross Profit Margin of 52.8% First Quarter 2026 Net Revenue Totaled $65.5 million with Gross Profit Margin of 52.8%

7 weeks ago - GlobeNewsWire

TerrAscend Earnings Call Transcript: Q4 2025

Q4 and full year 2025 saw strong margins, positive cash flow, and stable Adjusted EBITDA despite revenue headwinds. Expanded in New Jersey and Ohio, exited Michigan, and maintained disciplined M&A and capital allocation. Gross margins exceeded 52% for the year.

3 months ago - Transcripts

TerrAscend Earnings release: Q4 2025

TerrAscend released its Q4 2025 earnings on March 12, 2026, summarizing the period's financial results.

3 months ago - Filings

TerrAscend Slides: Q4 2025

TerrAscend has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on March 12, 2026.

3 months ago - Filings

TerrAscend Reports Fourth Quarter and Full Year 2025 Financial Results

Net Revenue of $66.1 million for Q4 2025 and $260.6 Million for FY 2025  Gross Profit Margin of 52.1% for Q4 2025 and 52.3% for FY 2025 from continuing operations Q4 2025 Net Cash provided from contin...

3 months ago - GlobeNewsWire

TerrAscend closes Union Chill dispensary transaction

TerrAscend (TSNDF) announced that its consolidated entities closed on the previously announced transaction with Union Chill Cannabis Company, a high-performing dispensary in Hunterdon County. The tran...

5 months ago - TheFly

TerrAscend Increases Retail Footprint in New Jersey with Closing of Union Chill Dispensary Transaction

Expands New Jersey retail footprint to four dispensaries  Dispensary generates over $11 million in annualized revenue and is expected to be immediately accretive to EBITDA and cashflow Transaction fur...

5 months ago - GlobeNewsWire

TerrAscend, Mike Tyson partner to launch Tyson 2.0 in Maryland, Pennsylvania

TerrAscend (TSNDF) announced an exclusive licensing agreement with Tyson 2.0 to launch its products across Maryland and Pennsylvania. In Maryland, TerrAscend will manufacture and distribute premium fl...

7 months ago - TheFly

Mike Tyson and TerrAscend Team Up To Launch Tyson 2.0 In Maryland And Pennsylvania

TORONTO, Nov. 25, 2025 (GLOBE NEWSWIRE) -- TerrAscend Corp. (“TerrAscend” or the “Company”) (TSX: TSND) (OTCQX: TSNDF), a leading North American cannabis company, today announced an exclusive licensin...

7 months ago - GlobeNewsWire

TerrAscend Earnings Call Transcript: Q3 2025

Q3 2025 revenue was $65.1M, flat year-over-year, with improved gross and EBITDA margins and continued positive cash flow. Strategic exits and M&A, especially in New Jersey, are driving future growth, while the company remains well-positioned for regulatory changes and expansion.

7 months ago - Transcripts

TerrAscend Earnings release: Q3 2025

TerrAscend released its Q3 2025 earnings on November 6, 2025, summarizing the period's financial results.

7 months ago - Filings

TerrAscend Slides: Q3 2025

TerrAscend has posted slides in relation to its Q3 2025 quarterly earnings report, which was published on November 6, 2025.

7 months ago - Filings

TerrAscend reports Q3 EPS (4c) vs. (6c) last year

Reports Q3 revenue $65.1M vs. $65.2M last year. “I’m pleased to report that both gross margins and Adjusted EBITDA margins improved meaningfully in the third quarter of 2025, marking another…

7 months ago - TheFly

TerrAscend Reports Third Quarter 2025 Financial Results

Net Revenue of $65.1 million  Gross Profit Margin of 52.1% from continuing operations, up 110 basis points from 51.0% in the third quarter of 2024 Net Cash provided from continuing operations of $7.1 ...

7 months ago - GlobeNewsWire

TerrAscend reschedules Q3 earnings conference call

TerrAscend (TSNDF) has rescheduled its November 6, 2025 earnings conference call to discuss the results for the third quarter ended September 30, 2025. The call will still be held on…

8 months ago - TheFly

3 Marijuana Stocks To Start Your Cannabis Investing Journey

When searching for the best marijuana stocks to buy, here are the key factors most investors consider beforehand. To begin, educate yourself on the industry, including which companies are publicly tra...

8 months ago - MarijuanaStocks