Pelorus Equity Group, a provider of commercial real estate loans for the cannabis sector, closed its $45.5 million debt financing agreement with TerrAscend Corp.
An analysis of financial filings by Green Market Report showed that ten publicly traded multistate cannabis companies are carrying over $500 million in federal tax debts.
TerrAscend Corp. (OTCQX: TRSSF) (CSE:TER) a North American cannabis operator, has entered into an agreement with TRP - the cannabis holding and operating company with the exclusive rights to introduce Cookies products to Pennsylvania.
TerrAscend Names New President Of Northeast Region
TerrAscend Corp. (OTCQX: TRSSF) has tapped Karim Bouaziz to serve as president of the Northeast region.
With cannabis use becoming widespread, new challenges such as understanding and avoiding possible negative interactions with pharmaceutical drugs are important issues.
Investors who believed in the potential of U.S. cannabis operator TerrAscend (OTC: TRSSF) (CNSX: TER) some five years ago are now enjoying their solid gains.
On Thursday, analyst Pablo Zuanic from Cantor Fitzgerald offered an industry update on four recent M&A deals and Glasshouse Series B Preferred stock issuance.