TerrAscend Corp. (TRSSF)
TerrAscend Corp. operates in the Drug Manufacturers - Specialty & Generic industry of the Healthcare sector, headquartered in Mississauga, ON, CA. The stock last traded at $1.72, down 11.79% on the session, giving a market capitalisation of $601.9M. On trailing twelve-month figures it carries a trailing P/E of -13.62, a net margin of -13.2%. Its beta of 2.00 implies it has historically moved more than the broad market.
TerrAscend Corp. operates as a vertically integrated cannabis company, engaged in the cultivation, processing, and sale of both medical and adult-use cannabis across Canada and the United States. Beyond its core cannabis offerings, the company also produces and distributes hemp-derived wellness products to various retail outlets and manufactures artisanal cannabis-infused edibles. As of July 26, 2022, TerrAscend maintained a significant retail footprint with 27 dispensaries in operation. This network includes three dispensaries under its Apothecarium brand in California and Pennsylvania, as well as three Cookies-branded locations in Michigan and one in Toronto. The company further boasts a diverse portfolio of synergistic brands, including Gage Cannabis, Ilera Healthcare, Kind Tree, Prism, State Flower, Valhalla Confections, and Arise Bioscience Inc. Established in 2017, TerrAscend Corp. is headquartered in Mississauga, Canada.
TerrAscend Corp. is most often compared with the following Healthcare names: