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TerrAscend Corp.

corporate_fare Company Profile

TerrAscend Corp.

TSNDF·OTC·Industrial Applications And Services·CIK 0001778129

TerrAscend Corp. is a North American cannabis company focused on the cultivation, production, and sale of cannabis products. The company operates as a single reportable segment. TerrAscend has vertically-integrated licensed operations in Pennsylvania, New Jersey, Maryland, and California. Additionally, it has retail operations in Ohio and Ontario, Canada. Its portfolio of operating businesses includes: TerrAscend New Jersey, a majority-owned operation with four dispensaries and a cultivation/processing facility; TerrAscend Maryland, a wholly-owned operation with four dispensaries and a cultivation/processing facility; TerrAscend Pennsylvania, a wholly-owned operation with six dispensaries and a cultivation/processing facility; and TerrAscend California, a wholly-owned operation with four dispensaries and a cultivation facility. Retail operations include TerrAscend Ohio, a cannabis retailer in New Philadelphia, Ohio, with one wholly-owned dispensary, and TerrAscend Canada, a cannabis retailer in Ontario, Canada, with a majority-owned dispensary in Toronto, Ontario, Canada, known as Cookies Canada. The use of cannabis remains illegal under U.S. federal law via the Controlled Substances Act of 1970. The company's head office is located at 77 City Centre Drive, Suite 501 - East Tower, Mississauga, Ontario, L5B 1M5, Canada.

TerrAscend Corp. (OTC:TSNDF) is a publicly traded company in the Industrial Applications And Services sector. Wiseek has independently scored 10 items for TSNDF at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-08-24, rated 7/10. Across its 10 most recent items scored 7 or higher, the top rating is 9/10, with 4 rated 8 or above. Recent SEC coverage for TSNDF spans 8-K, DEF 14A, PRE 14A, 10-Q.

Recent high-impact activity:

  • TerrAscend Shareholders Approve Reverse Split; Board Renews $10M Buyback
  • TerrAscend Schedules Shareholder Vote on Reverse Stock Split for U.S. Exchange Listing
  • TerrAscend Proposes 1:5 to 1:20 Reverse Stock Split for Potential U.S. Exchange Listing
  • TerrAscend Secures $21.7M Convertible Debenture Financing at Premium, Reduces Debt, and Funds M&A
  • TerrAscend Faces Michigan Receivership and $10.7M DOJ Tax Claim Amidst Mixed Q1 Results and Cannabis Rescheduling

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$260.56M
Net Income
-$81.33M
Diluted EPS
-$0.29
Op. Cash Flow
$21.53M
Free Cash Flow
$12.91M
Gross Profit
$136.32M
Operating Income
$42.02M
Cash & Equivalents
$37.41M
Total Debt
$225.45M
Debt / Equity
2.28×
Net Margin
-31.2%
Shares Outstanding
308.53M sh
Source: 10-K · filed 2026-03-12 · accession 0001193125-26-104092

Short Interest & Short Volume

3.08 days to cover

FINRA reported short interest of 979,974 shares in TSNDF as of the September 15, 2026 settlement, a 7.4% decrease from the prior period — about 3.1 days to cover at its recent average daily volume. On October 2, 2026, 60.4% of TSNDF volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)979,974 shares as of September 15, 2026
Change vs prior period▼ 7.4%
Days to cover3.08 at avg daily volume of 318,287
Daily short volume (FINRA facilities)60.4% of 362,059 shares on October 2, 2026
5-day average short volume33.0%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

Browse all tickers starting with T →
$0.518 -0.01% today
52-week range · as of 2026-08-24 $0.3501 – $1.45
Market cap
$193.04M
Volume
376.6K (1.3× avg)
3-mo avg 279.8K
Live data · 2026-10-05 04:25 UTC · Market overnight

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feed TSNDF - Latest Insights

TSNDF
Aug 24, 2026, 6:44 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $0.6217
Real-time Price: $0.518 info
Change: -$0.1037 (-17%) info
Market Cap: $193.042M info
TSNDF
Jul 06, 2026, 9:14 AM EDT
Filing Type: DEF 14A
Importance Score:
7
Price at Filing: $0.630
Real-time Price: $0.518 info
Change: -$0.112 (-18%) info
Market Cap: $193.042M info
TSNDF
Jun 25, 2026, 5:06 PM EDT
Filing Type: PRE 14A
Importance Score:
8
Price at Filing: $0.6814
Real-time Price: $0.518 info
Change: -$0.1634 (-24%) info
Market Cap: $193.042M info
TSNDF
Jun 25, 2026, 4:58 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $0.6814
Real-time Price: $0.518 info
Change: -$0.1634 (-24%) info
Market Cap: $193.042M info
TSNDF
May 07, 2026, 7:35 AM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $0.7569
Real-time Price: $0.518 info
Change: -$0.2389 (-32%) info
Market Cap: $193.042M info
TSNDF
Apr 27, 2026, 8:45 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $0.930
Real-time Price: $0.518 info
Change: -$0.412 (-44%) info
Market Cap: $193.042M info
TSNDF
Apr 16, 2026, 4:36 PM EDT
Filing Type: DEF 14A
Importance Score:
7
Price at Filing: $0.6619
Real-time Price: $0.518 info
Change: -$0.1439 (-22%) info
Market Cap: $193.042M info
TSNDF
Apr 16, 2026, 4:08 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $0.6619
Real-time Price: $0.518 info
Change: -$0.1439 (-22%) info
Market Cap: $193.042M info
TSNDF
Mar 12, 2026, 4:45 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $0.6563
Real-time Price: $0.518 info
Change: -$0.1383 (-21%) info
Market Cap: $193.042M info
TSNDF
Mar 12, 2026, 4:05 PM EDT
Filing Type: 10-K
Importance Score:
8
Price at Filing: $0.6563
Real-time Price: $0.518 info
Change: -$0.1383 (-21%) info
Market Cap: $193.042M info
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