Cannabis company TerrAscend to list on TSX under TSND ticker in early July

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TerrAscend’s executive chairman says the move will offer the company greater access to a broader group of institutional and retail investors

The company spent recent months acquiring a cultivation facility in Maryland, reducing expenses and working to become cash-flow positive.

Its listing comes as several Canadian cannabis companies are struggling to reach profitability, and after an auditor said it had substantial doubt about the ability of Canopy Growth Corp.

 

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