{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-036248","form_type":"8-K","ticker":"TSNDF","cik":"0001778129","company_name":"TerrAscend Corp.","filed_at":"2023-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.194951+00:00","generated_at":"2026-06-12T18:42:15.140979+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"TerrAscend preannounces Q2 revenue $72.1M (+12.7% YoY), gross margin 50.2%; guides FY23 revenue ≥$305M","bullets":["Q2 2023 net revenue $72.1M, up 12.7% YoY and 3.9% sequentially; gross profit margin 50.2% vs 48.8% in Q1 2023.","Full-year 2023 guidance: net revenue at least $305M (23% YoY growth), Adjusted EBITDA at least $58M (49% YoY growth).","Preliminary results exceeded internal forecasts; company cites improved margins, balance sheet transformation, and positive cashflow.","Acquired four dispensaries in Maryland and listed on TSX during the quarter; conference call scheduled for August 10, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-036248","json":"https://secwatch.observer/filing/0000950170-23-036248.json","markdown":"https://secwatch.observer/filing/0000950170-23-036248.md","text":"https://secwatch.observer/filing/0000950170-23-036248.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1778129/000095017023036248/0000950170-23-036248-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1778129/000095017023036248/tsndf-20230801.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T18:42:15.140979+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e250bd71fd382b1f90223ea984eaf758dfbf93d1","claim":"TerrAscend Corp. reported second quarter ended June 30, 2023 results: revenue $72.1 million. Guidance initiated.","evidence_excerpt":"(EX-99.1) --- EX-99.1 TerrAscend Preannounces Strong Second Quarter 2023 Revenue and Gross Margins and Provides Full Year Guidance Record second quarter 2023 Net Revenue of $72.1 million, up 12.7% year-over-year and 3.9% sequentially, representing the 7 th consecutive quarter of sequential growth Gross Profit Margin increased to 50.2% compared to 48.8% in Q1 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1778129/000095017023036248/0000950170-23-036248-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"$72.1 million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}