Latest In: TerrAscend

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Cannabis MSO lands in receivership over $210 million debt to lender

New Jersey-based TerrAscend Corp. is in receivership in Michigan after defaulting on a $210 million loan.

News May 22
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‘Reckless’ 280E gamble backfires as feds demand millions from cannabis MSO

In a troubling sign for cannabis operators that claimed 280E relief before rescheduling, the IRS wants TerrAscend USA…

News May 20
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How cannabis MSO TerrAscend is responding to federal marijuana rescheduling

TerrAscend will leverage federal rescheduling of medical cannabis to drive growth, shape policy with a focus on compliance…

News April 30
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MSO TerrAscend sells 3 stores as it exits Michigan cannabis market

Lume Cannabis will acquire three former Gage Cannabis retail locations following the exit of Gage’s parent company from…

News October 2
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Cookies cannabis stores close as part of TerrAscend Michigan exit

Cookies' presence in Michigan will decrease significantly as a result of marijuana MSO TerrAscend's exit from the state's…

News August 29
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Marijuana MSO TerrAscend completes $79 million in debt financing

Marijuana multistate operator TerrAscend Corp. has completed $79 million in debt financing as it exits the Michigan market.

News July 10
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Marijuana vape company Ispire launches $10 million stock-repurchase program

Ispire Technology's board has authorized the repurchase of up to $10 million in shares of the marijuana vaping…

News January 24
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Ohio marijuana retailers double sales after adult-use market launch

Ohio experienced a threefold increase in revenue in the days after launching adult-use marijuana sales, and, two weeks…

News August 20
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Cannabis operator TerrAscend secures $140 million loan

TerrAscend Corp., a Canadian-headquartered cannabis operator with U.S. assets, has closed on a $140 million senior secured term…

News August 14
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