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TerrAscend Canada cannabis gummy recall affects over 330,000 units

Cannabis producer TerrAscend Canada has recalled more than 330,000 units of THC-infused gummies in relation to possible mold contamination. The recall of TerrAscend’s Haven St.-brand Rise No. 570 Wild Berry THC Infused Gummies was initially annou…

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Cannabis firms Canopy Growth, Canopy Rivers split; Rivers looks to US

Canopy Growth Corp.’s partly owned strategic investment subsidiary, Canopy Rivers, is selling some of its assets to the former and cutting ties with the company in a transaction worth nearly 300 million Canadian dollars ($232.2 million) that Rive…

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TerrAscend borrows $120M to make payments on marijuana acquisition

U.S. and Canadian marijuana operator TerrAscend borrowed $120 million from a syndicate of lenders to help finance earn-out payments related to its acquisition of Ilera Healthcare in Pennsylvania. The financing, announced Dec. 18, is senior secured debt…

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Cannabis operator TerrAscend signals profit, rising revenue for third quarter

North American cannabis operator TerrAscend expects to report a profit and strong revenue growth for its third quarter.
Cannabis operator TerrAscend signals profit, rising revenue for third quarter is a post from: Marijuana Business Daily: Financial, …