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TerrAscend — Third Quarter 2026 Earnings Summary

TerrAscend reported third-quarter 2026 net revenue of $68.2 million, representing a 4.8% year-over-year increase driven by strong retail and wholesale growth in Pennsylvania. The company achieved a gross profit margin of 52.3% and generated $6.1 million in free cash flow, marking its thirteenth consecutive quarter of positive free cash flow. Adjusted EBITDA from continuing operations reached $17.5 million, while the company completed the acquisition of Aunt Mary's, its fifth dispensary in New Jersey. Additionally, TerrAscend maintained a leading market position in New Jersey and saw revenue growth in Maryland and Pennsylvania.