{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-053212","form_type":"8-K","ticker":"TSNDF","cik":"0001778129","company_name":"TerrAscend Corp.","filed_at":"2023-10-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.392362+00:00","generated_at":"2026-06-10T00:06:56.080173+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"TerrAscend raises FY2023 guidance: net revenue at least $317M, adjusted EBITDA at least $63M","bullets":["New FY2023 guidance: net revenue at least $317M (up 28% YoY) vs prior $305M; adjusted EBITDA at least $63M (up 62% YoY) vs prior $58M.","Preliminary Q3 Michigan gross margin >40%, an 1800-basis-point YoY improvement.","Expects gross margin to exceed 50% in H2 2023 and positive free cashflow from continuing operations in H2.","Investor Day held Oct 13, 2023, with leadership presenting strategy and long-term growth outlook."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-053212","json":"https://secwatch.observer/filing/0000950170-23-053212.json","markdown":"https://secwatch.observer/filing/0000950170-23-053212.md","text":"https://secwatch.observer/filing/0000950170-23-053212.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1778129/000095017023053212/0000950170-23-053212-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1778129/000095017023053212/tsndf-20231013.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T00:06:56.080173+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":"163f08c600a9a9e64a5774193ff5b3515598f92b","claim":"TerrAscend Corp. reported full year 2023 results: revenue at least $317 million. Guidance raised.","evidence_excerpt":"TerrAscend Raises Full Year 2023 Guidance Company expects full year 2023 Net Revenue and Adjusted EBITDA from continuing operations 1 of at least $317 million and $63 million, respectively, versus previous guidance of at least $305 million and $58 million, respectively","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1778129/000095017023053212/0000950170-23-053212-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2023"},{"label":"Revenue","value":"at least $317 million"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}