{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-041350","form_type":"8-K","ticker":"TSNDF","cik":"0001778129","company_name":"TerrAscend Corp.","filed_at":"2023-08-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.195220+00:00","generated_at":"2026-06-11T18:36:58.784515+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"TerrAscend Q2 2023 record revenue $72.1M (+12.7% YoY); reaffirms FY guidance","bullets":["Net revenue $72.1M, up 12.7% YoY and 3.9% sequentially; gross margin 50.2% (+140bps).","GAAP net loss from continuing ops $12.9M vs $19.2M in Q1; adjusted EBITDA $12.8M (17.8% margin).","Reaffirmed FY2023 outlook: revenue at least $305M, adjusted EBITDA at least $58M.","Closed Maryland dispensary acquisitions, $25M loan at prime+2.25%, paid down $43M of high-interest debt.","Commenced trading on TSX under 'TSND'; cash and equivalents $34.5M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-041350","json":"https://secwatch.observer/filing/0000950170-23-041350.json","markdown":"https://secwatch.observer/filing/0000950170-23-041350.md","text":"https://secwatch.observer/filing/0000950170-23-041350.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1778129/000095017023041350/0000950170-23-041350-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1778129/000095017023041350/tsndf-20230810.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T18:36:58.784515+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":"f3d87addf2f70c446f53fd5eb1842b001eafa1d7","claim":"TerrAscend Corp. reported the second quarter ended June 30, 2023 results: revenue $72.1 million, net income $12.9 million. Guidance reaffirmed.","evidence_excerpt":"Act, except as expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- EX-99.1 TerrAscend Reports Second Quarter 2023 Record Net Revenue of $72.1 Million, an Increase of 12.7% Year-Over-Year and 3.9% Sequentially, Representing its 7 th Consecutive Quarter of Sequential Revenue Growth Gross profit margin increased to 50.2%, an","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1778129/000095017023041350/0000950170-23-041350-index.htm","confidence":0.92,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended June 30, 2023"},{"label":"Revenue","value":"$72.1 million"},{"label":"Net income","value":"$12.9 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}