Key Highlights

• On 6 August 2026, TerrAscend reported second-quarter results that showed steady operational progress.
• Net Revenue was about US$67.1 million, up about 3.3% year over year and about 2.4% sequentially, with revenue increasing sequentially across New Jersey, Maryland and Pennsylvania in both retail and wholesale channels.
• Modest revenue growth combined with roughly 290 basis points of gross-margin expansion and an 11% rise in adjusted EBITDA points to operational discipline and a better product and market mix.
• Positive free Cash Flow of about US$5.7 million is particularly important in a sector where cash generation has been scarce, and the extension of Debt maturities…