TerrAscend Corp. (TSX:TSND)

Canada flag Canada · Delayed Price · Currency is CAD
0.980
-0.090 (-8.41%)
Apr 28, 2026, 3:59 PM EST
106.32%
Market Cap 331.23M
Revenue (ttm) 357.26M
Net Income (ttm) -118.23M
Shares Out 309.56M
EPS (ttm) -0.39
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 433,865
Average Volume 443,594
Open 1.050
Previous Close 1.070
Day's Range 0.975 - 1.050
52-Week Range 0.305 - 2.000
Beta 2.00
RSI 52.20
Earnings Date May 7, 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

News

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%

1 day 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.

6 weeks ago - Transcripts

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...

6 weeks ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

5 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.

6 months ago - Transcripts

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 ...

6 months ago - GlobeNewsWire

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...

6 months ago - MarijuanaStocks

JW Asset Management Completes a Pro-Rata Distribution in Kind of Common Shares to Investors In JW Select Investments, LP and JW Opportunities Fund, LLC

New York, New York--(Newsfile Corp. - August 27, 2025) - JW Asset Management, LLC ("JW"), as adviser to several funds, has completed a pro-rata in-kind distribution of 14,715,981 common shares of Terr...

8 months ago - Newsfile Corp

TerrAscend Announces Renewal and Replenishment of $10 Million Share Repurchase Program

TORONTO, Aug. 20, 2025 (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...

8 months ago - GlobeNewsWire

TerrAscend Earnings Call Transcript: Q2 2025

Exited Michigan to focus on core markets, reporting $65M Q2 revenue and improved gross margin. Strong performance in New Jersey, Maryland, and Pennsylvania, with continued positive cash flow and disciplined M&A. Debt maturities extended to 2028.

9 months ago - Transcripts

TerrAscend Reports Second Quarter 2025 Financial Results

Net Revenue totaled $65 million and Gross Profit Margin was 51.1% from continuing operations, excluding Michigan 12 th consecutive quarter of positive Cash Flow from continuing operations and 8 th con...

9 months ago - GlobeNewsWire

TerrAscend to Host Second Quarter 2025 Earnings Conference Call

TORONTO, July 10, 2025 (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...

10 months ago - GlobeNewsWire

TerrAscend Announces Strategic Exit from Michigan Market

Net Proceeds from divestitures to pay down Company debt Enables concentrated growth and improved profitability in core markets TORONTO, June 30, 2025 (GLOBE NEWSWIRE) -- TerrAscend Corp. (“TerrAscend”...

10 months ago - GlobeNewsWire

TerrAscend Announces Results of Annual General Meeting

TORONTO, June 24, 2025 (GLOBE NEWSWIRE) -- TerrAscend Corp. (“TerrAscend” or the “Company”) (TSX: TSND, OTCQX: TSNDF), a leading North American cannabis company, today announced the results of its ann...

11 months ago - GlobeNewsWire

TerrAscend Transcript: AGM 2025

The meeting, held virtually, covered director elections, auditor ratification, and approval of a stock option amendment for insiders. All proposals passed with the required majority, and no shareholder questions were raised during the proceedings.

11 months ago - Transcripts

TerrAscend Earnings Call Transcript: Q1 2025

Q1 2025 saw revenue of $71M, gross margin expansion to 51.8%, and adjusted EBITDA of $15.3M, with continued positive cash flow and cost reductions. M&A activity remains robust, with new acquisitions in Ohio and New Jersey, and further expansion and margin improvements expected.

1 year ago - Transcripts

TerrAscend Reports First Quarter 2025 Financial Results

Net Revenue of $71 million Gross Profit Margin of 51.8%, up 160 basis points from 50.2% in the fourth quarter of 2024 Net Cash provided by operations of $8.0 million and Free Cash Flow¹ of $5.5 millio...

1 year ago - GlobeNewsWire

TerrAscend Closes on Ohio Dispensary Acquisition

Transaction marks the Company's entry into its sixth U.S. state Acquisition is expected to be immediately accretive on an EBITDA and cashflow basis TORONTO, May 07, 2025 (GLOBE NEWSWIRE) -- TerrAscend...

1 year ago - GlobeNewsWire

TerrAscend Signs Agreement to Acquire Fourth Dispensary in New Jersey

Union Chill, a single dispensary operator in Hunterdon County, is generating over $11 million in annualized revenue Acquisition further solidifies TerrAscend's leadership position in the state TORONTO...

1 year ago - GlobeNewsWire

High Potential: U.S. Marijuana Penny Stocks to Watch This April

Investing in marijuana penny stocks continues gaining traction among retail traders and long-term investors. Typically trading under $5, these stocks offer exposure to the fast-growing cannabis market...

1 year ago - MarijuanaStocks

TerrAscend Earnings Call Transcript: Q4 2024

Q4 revenue reached $74.4M with gross margin expanding to 50.2%, and full year revenue was $306.7M, driven by strong performance in New Jersey and Maryland. The company expects further G&A reductions and continued margin strength in 2025, with expansion plans in Ohio and ongoing M&A activity.

1 year ago - Transcripts

TerrAscend Reports Fourth Quarter and Full Year 2024 Financial Results

Fourth Quarter Net Revenue of $74.4 million, up 0.3% from $74.2 million in the third quarter of 2024 Fourth Quarter Gross Profit Margin of 50.2%, up 140 basis points from 48.8% in the third quarter of...

1 year ago - GlobeNewsWire

Cannabis Stock Valuations Reflect No Expectation Of Federal Reform: Study

A new valuation analysis by Viridian Capital Advisors suggests that U.S. multi-state cannabis operators (MSOs) are trading at levels that indicate no expectation of federal rescheduling or 280E tax re...

1 year ago - Benzinga

TerrAscend Announces Preliminary Fourth Quarter 2024 Financial Results and Schedules Earnings Conference Call

Net Revenue of $74.4 million, up 0.3% from $74.2 million in the third quarter of 2024 Gross Profit Margin of 50.2%, an increase of 140 basis points quarter-over quarter Generated Positive Cashflow fro...

1 year ago - GlobeNewsWire