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

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 92%

United States News News

United States United States Latest News,United States United States Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tech and energy stocks lift S&P/TSX composite, U.S. stock markets mixed | Globalnews.caTech and energy stocks lift S&P/TSX composite, U.S. stock markets mixed
Source: GlobalNational - 🏆 81. / 51 Read more »

Tech and energy stocks lift S&P/TSX composite, U.S. stock markets mixedCanada's main stock index posted modest gains Wednesday as strength in energy and technology, among other sectors, helped outweigh weakness in base metals, while U.S. markets were mixed.
Source: CTVNews - 🏆 1. / 99 Read more »

Cannabis company Canopy Growth completes sale of California facility, changes auditorsCanopy is selling some of its facilities as part of an organizational transformation announced last year to help cut spending
Source: globeandmail - 🏆 5. / 92 Read more »

Bank stocks need to recover before the TSX can go higher this year: Technical strategist - BNN BloombergThe Toronto Stock Exchange does not have a chance at ending this year higher unless Canadian bank stocks improve, a technical strategist says.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Too much TSX? Vanguard says Canadians need foreign stocks to cut riskHome bias is a global phenomenon, with investors in Australia, Japan, and the U.K. showing a strong preference for domestic stocks.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »