TerrAscend Corp. TSNDF

What this company does

The company operates under one reportable segment, which is the cultivation, production and sale of cannabis products. It operates four cultivation and processing facilities and twenty operational dispensaries serving thousands of medical patients and adult-use consumers across North America. It owns a portfolio of operating businesses, including TerrAscend New Jersey, a majority-owned operation with four dispensaries and a cultivation/processing facility; TerrAscend Maryland, a wholly-owned operation with four dispensaries and a cultivation/processing facility; TerrAscend Pennsylvania, a wholly-owned operation with six dispensaries and a cultivation/processing facility; TerrAscend California, a wholly-owned operation with four dispensaries and a cultivation facility; TerrAscend Ohio, a cannabis retailer with one wholly-owned dispensary in New Philadelphia, Ohio; and TerrAscend Canada, a cannabis retailer with a majority-owned dispensary in Toronto, Ontario, Canada. Approximately 50% of the products sold in the company's own retail stores are sourced from its own cultivation and manufacturing operations. As of December 31, 2025, the company employed 1,038 employees, of which approximately 828 were engaged on a full-time basis, and 86 were subject to a collective bargaining agreement. The company was incorporated under the Business Corporations Act (Ontario) on March 7, 2017.

Written from the business description in TerrAscend Corp.'s annual report to the U.S. Securities and Exchange Commission, filed 12 March 2026. Every sentence was checked against that document before publication.