About TerrAscend
TerrAscend is a company based in Mississauga (Canada) founded in 2017. The company has 1,160 employees as of December 31, 2024. TerrAscend has completed 12 acquisitions, including Allegany Marijuana, Apothecarium and Blue Ridge Wellness. TerrAscend operates in a competitive market with competitors including Auxly, Cresco Labs, Green Tank Technologies, Neptune Wellness and Goodness Growth Holdings, among others.
- Headquarter Mississauga, Canada
- Employees 1160 as on 31 Dec, 2024
- Stage Public
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Sectors
Consumer
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Terrascend Corp.
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Annual Revenue
$292 M (USD)-1.9as on Dec 31, 2024
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Net Profit
-$76.39 M (USD)14.77as on Dec 31, 2024
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EBITDA
$49.13 M (USD)-9.35as on Dec 31, 2024
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Latest Funding Round
$21.84 M (USD), Post-IPO
Jun 23, 2026
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Investors
FLUENT
& 2 more
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Employee Count
1160
as on Dec 31, 2024
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Investments & Acquisitions
Allegany Marijuana
& 11 more
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IPO & Listings of TerrAscend
TerrAscend is a publicly listed company on the TSX with ticker symbol TSND in Canada, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of TerrAscend
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Leadership Team
23 people
Software Development Team
21 people
Sales and Marketing
7 people
Operations Team
6 people
Finance and Accounting
5 people
Legal and Compliance
5 people
Senior Team
3 people
Human Resources and Administration
2 people
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Funding Insights of TerrAscend
Investors in TerrAscend
TerrAscend has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include FLUENT, Entourage Effect Capital and JW Asset Management.
| Investor | Description | Founded Year | Domain | Location |
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Investment firm focused on cannabis industry growth and leadership.
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Locked | Locked | Locked | |
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FLUENT Corp. is engaged in cannabis cultivation and distribution.
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Locked | Locked | Locked | |
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Investment services are offered in healthcare and cannabis sectors.
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Locked | Locked | Locked |
Investor details for TerrAscend
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Investments & Acquisitions by TerrAscend
TerrAscend has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include Allegany Marijuana, Apothecarium and Blue Ridge Wellness.
Investment portfolio details for TerrAscend
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Medical cannabis products and patient resources are provided by dispensary.
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Locked | Locked | 2022 | Locked | |
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Cannabis-derived nutritional and wellness products are offered online.
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Locked | Locked | 2019 | Locked | |
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Cannabis medical products are retailed in Parkville.
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Locked | Locked | 2017 | Locked |
Complete acquisition details for TerrAscend
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Financial Statements - TerrAscend
Detailed financials for TerrAscend
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Terrascend Comparisons
Peer comparison for TerrAscend
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Competitors of TerrAscend
TerrAscend operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Auxly, Cresco Labs, Green Tank Technologies, Neptune Wellness and Goodness Growth Holdings, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Platform for managing cannabis manufacturing operations is provided.
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Retailer of cannabis based products
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| Locked | Locked | Locked |
Private label vape products including vaporizers and cartridges are manufactured.
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| Locked | Locked | Locked |
Manufacturer of cannabis products and retail services
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| Locked | Locked | Locked |
Retailer of cannabis products
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Detailed competitors of TerrAscend
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Terrascend
Complete news archive for TerrAscend
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Frequently Asked Questions about TerrAscend
TerrAscend was founded in 2017.
TerrAscend is headquartered in Mississauga, Canada. It is registered at Mississauga, Ontario, Canada.
Ziad Ghanem is the current CEO of TerrAscend.
As of Dec 31, 2024, the latest employee count at TerrAscend is 1,160.
Annual revenue of TerrAscend is $292M as on Dec 31, 2024.
TerrAscend was founded in 2017 and is headquartered in Mississauga, Canada. Operations focus on the cannabis sector, where dispensaries are managed for retail distribution. Medical cannabis products are supplied to consumers through these outlets. The company maintains a presence in the North American market, emphasizing regulated cultivation and sales processes. Leadership is provided by CEO Ziad Ghanem.
TerrAscend's top competitors include Auxly, Cresco Labs and HEXO.
Yes, TerrAscend is publicly traded on TSX under the ticker symbol TSND.
TerrAscend has made 12 acquisitions, including Allegany Marijuana, Apothecarium, and Blue Ridge Wellness.
TerrAscend has 3 investors. Key investors include FLUENT, Entourage Effect Capital, and JW Asset Management.
The ticker symbol of TerrAscend is TSND on TSX.