TerrAscend Reaches Four Dispensary Cap in Maryland with Closing of Herbiculture Acquisition

TerrAscend Corp. (“TerrAscend” or the “Company”) (TSX: TSND) (OTCQX: TSNDF), a leading North American cannabis company, has announced the closing of its previously announced acquisition of Herbiculture Inc. (d/b/a “Herbiculture”), a medical dispensary in Maryland. With this transaction, TerrAscend has reached the four dispensary cap in the state. With the recent launch of adult-use sales in Maryland on July 1, 2023, the Company believes that Herbiculture is well positioned to achieve substantial sales and profit growth.

Read the full article: TerrAscend Reaches Four Dispensary Cap in Maryland with Closing of Herbiculture Acquisition //

Source: https://www.globenewswire.com/news-release/2023/07/10/2701672/0/en/TerrAscend-Reaches-Four-Dispensary-Cap-in-Maryland-with-Closing-of-Herbiculture-Acquisition.html

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