TerrAscend Reports First Quarter Net Sales of USD $53.4 Million and Adjusted EBITDA of USD $22.6 Million
Raises full year 2021 guidance for Net Sales to exceed USD $300 million and Adjusted EBITDA to exceed USD $128 million 2 Substantial cash balance of USD $234 million provides ample support for future growth initiatives TerrAscend Corp. a leading North American cannabis operator, today reported financial results for its first quarter ending March 31 2021. First Quarter 2021 Financial Highlights 2 Net Sales … Raises full year 2021 guidance for Net Sales to exceed USD $300 million and Adjusted EBITDA to exceed USD $128 million 2 Substantial cash balance of USD $234 million provides ample support for future growth initiatives
Cannabis company opens its flagship dispensary in N.J. It’s the 17th in the state.
Updated 9:25 AM;
Today 9:15 AM
The Apothecarium, owned by TerrAscend, opened in Maplewood, Friday May 7, 2021. The medical cannabis dispensary became the 17th in the state as New Jersey continues to find its footing in a legalized market. (Jelani Gibson | NJ Advance Media)
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A cannabis company has opened its flagship medical marijuana dispensary in North Jersey, becoming the 17th in the state as buzz continues to grow around legal weed sales.
The Apothecarium, owned by the Canadian company TerrAscend, opened in Maplewood Friday afternoon. It’s the company’s second medical dispensary to open in New Jersey (the first opened in Phillipsburg in November), but TerrAscend hopes it will also serve the 21 and older market once legal weed sales begin.
TerrAscend acquires Maryland cannabis growing, processing operations — a dispensary may be next bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.