User notice: We are aware of the issues affecting the Portfolio page. Our developers are working to resolve the problem as soon as possible. We apologise for the inconvenience.

[ADVERT]
Share Name Share Symbol Market Type
TerrAscend Corp CSE:TER CSE Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.11 -1.52% 7.14 7.12 7.16 7.38 7.10 7.28 202,848 20:37:05

TerrAscend Gets Michigan Pre-Qualification Approval for Gage Growth Deal

17/09/2021 1:38pm

Dow Jones News


TerrAscend (CSE:TER)
Historical Stock Chart


From Jul 2021 to Jan 2022

Click Here for more TerrAscend Charts.

By Adriano Marchese

 

TerrAscend Corp. said Friday that it has received pre-qualification approval for cultivation, processing and retail licenses from a Michigan regulatory body.

The Canadian cannabis operator said that the pre-approval was critical to its $545 million-acquisition of Gage Growth Corp. announced earlier in September.

TerrAscend said it expects the transaction will close as soon as possible after receiving all the necessary court and regulatory approvals.

"Our pre-qualification is an important step as we progress towards closing the acquisition of Gage in a timely manner," Executive Chairman Jason Wild said.

 

Write to Adriano Marchese at adriano.marchese@wsj.com

 

(END) Dow Jones Newswires

September 17, 2021 08:23 ET (12:23 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

1 Year TerrAscend Chart

1 Year TerrAscend Chart

1 Month TerrAscend Chart

1 Month TerrAscend Chart
ADVFN Advertorial
Your Recent History
CSE
TER
TerrAscend
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20220118 20:55:03