newsfilter
← Earnings
Earnings Releases·

TerrAscend — Third Quarter 2026 Earnings Summary

TSNDF
  • Net revenue rose 4.8% year-over-year to $68.2 million, while GAAP net loss narrowed to $5.5 million from $9.9 million in the prior year period; EBITDA increased to $20.2 million from $14.3 million.
  • The company closed the acquisition of Aunt Mary's, adding a New Jersey dispensary with over $10 million in annualized revenue, and launched One and Cuue brands in New Jersey and Maryland.
  • The Board authorized a normal course issuer bid to repurchase up to 10,000,000 shares or $10 million USD over 12 months, following the repurchase of 1,013,000 shares in the first nine months of 2026.
  • Ziad Ghanem was appointed President and CEO and joined the Board, while shareholders approved a share consolidation to facilitate a potential major U.S. stock exchange listing.
  • The U.S. Department of Justice issued a final rule rescheduling certain marijuana products from Schedule I to Schedule III, effective April 28, 2026.