TerrAscend

#5481

Rank

$554.89M

MarketCap CA

CA Canada

Country

Summary
TerrAscend Corp. cultivates, processes, and sells medical and adult use cannabis in Canada and the United States. It produces and distributes hemp-derived wellness products to retail locations; and manufactures cannabis infused artisan edibles. The company also operates three retail dispensaries under the Apothecarium brand name in California and Pennsylvania. In addition, it owns various synergistic under Gage Cannabis, Ilera Healthcare, Kind Tree, Prism, State Flower, Valhalla Confections, and Arise Bioscience Inc. brands. As of July 26, 2022, the company operated 27 dispensaries, including 3 Cookies dispensaries in Michigan and 1 in Toronto. TerrAscend Corp. was incorporated in 2017 and is headquartered in Mississauga, Canada.

History

TerrAscend began in 2011 in Toronto, Canada as the parent company of Solace Health, a leading telemedicine platform for medical cannabis. In 2017, the company became a publicly traded company on the Toronto Stock Exchange, and has since grown to become one of the most dynamic and innovative cannabis companies in North America.


Mission
Our mission is to provide industry-leading, innovative and responsible cannabis solutions to improve the quality of life for our customers.

Vision
Our vision is to be a global leader in the field of cannabinoid-based solutions and in the medical, recreational and wellness cannabis markets.

Key Team

Mr. David Wheeler (Sr. VP & Chief Information Officer)

Mr. Matthew Chesler C.F.A. (Head of Investor Relations)

Ms. Lynn Gefen (Chief Legal Officer & Corp. Sec.)

Ms. Dawn Vanek-Mithra (Director of Marketing)

Mr. Charles Oster (Sr. VP of Sales)

Mr. Jared Anderson (Sr. VP of Fin. & Strategy)

Karim Bouaziz (Pres of the Northeast Region)


Recognition and Awards
TerrAscend has been awarded numerous industry awards, including the 2019 Best Low-THC Cannabis Company in Canada, the 2018 and 2019 Best Extract Award at the Canadian Cannabis Awards, and the 2018 and 2020 Canadian Cannabis Industry Award for Best Cultivation Facility.

References
TerrAscend
Leadership team

Mr. Jason Garrett Wild R.Ph. (Exec. Chairman)

Mr. Keith Stauffer (Chief Financial Officer)

Mr. Ziad Ghanem (Pres & COO)

Products/ Services
Cannabis, Clinical Trials, Health Care, Medical, Pharmaceutical
Number of Employees
500 - 1000
Headquarters
Mississauga, Ontario, Canada
Established
2017
Company Registration
SEC CIK number: 0001778129
Revenue
100M - 500M
Traded as
TRSSF
Social Media
Mon Feb 26 2024
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