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GlobeNewswire·

TerrAscend Announces Results of Special Meeting of Shareholders

  • TerrAscend Corp. announced results of its August 24, 2026 special shareholder meeting where common shareholders approved a share consolidation resolution.
  • The vote resulted in 143,095,552 shares (99.25%) in favor, 141,435 shares (0.10%) withheld, with no votes against reported.
  • Executive Chairman Jason Wild stated the vote marks a key milestone in preparing the company to list on a major U.S. stock exchange.
  • TerrAscend operates across North America with cultivation, processing, manufacturing, retail, \& licensed brands including The Apothecarium, Cookies, Wana, \& Valhalla.
  • The U.S. Department of Justice rescheduled FDA-approved cannabis products \& state-licensed medical marijuana from Schedule I to Schedule III effective April 28, 2026.
  • Non-FDA-approved marijuana \& non-medical cannabis remain Schedule I controlled substances under federal law, carrying significant legal \& financial risks.
  • The press release includes forward-looking statements regarding potential NASDAQ or NYSE listings, regulatory developments, \& management expectations.