TerrAscend Closes on Ohio Dispensary Acquisition

Date:

Transaction marks the Company’s entry into its sixth U.S. state

Acquisition is expected to be immediately accretive on an EBITDA and cashflow basis

TORONTO, May 07, 2025 (GLOBE NEWSWIRE) — TerrAscend Corp. (“TerrAscend” or the “Company”) (TSX: TSND, OTCQX: TSNDF), a leading North American cannabis company, today announced the closing of its previously announced acquisition of the assets of Ratio Cannabis LLC (“Ratio Cannabis”), a cannabis dispensary located in Goshen Township, Ohio. The acquisition represents TerrAscend’s initial entry into its sixth state, Ohio, and is expected to be immediately accretive on an EBITDA and cashflow basis. This acquisition…

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