This story was republished with permission from Crain’s Cleveland. TerrAscend Corp., a multistate cannabis company headquartered in Mississauga, Canada, has announced the signing of a definitive agreement to acquire Ratio Cannabis, a dispensary in New Philadelphia, in a deal that signals more to come. TerrAscend, which is publicly traded on the Toronto Stock Exchange (TSX: TSND)(OTCQX: […]
TerrAscend Corp., a multistate operator with an office in Canada, said it is entering the Ohio marijuana market through an acquisition. The company signed a definite agreement to buy Ratio Cannabis, which operates a retail outlet in Goshen Township, for $10.3 million, according to a Wednesday news release. The deal includes $5 million in cash, […]
TerrAscend Corp., a Canadian-headquartered marijuana multistate operator with U.S. assets, said it withdrew $26 million from its $140 million loan to pay off higher-interest debt it holds in Michigan. An initial $114 million disbursement from the senior secured term loan was used in August to pay TerrAscend’s debt related to its Pennsylvania operations. The remainder […]
