{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-062037","form_type":"8-K","ticker":"TSNDF","cik":"0001778129","company_name":"TerrAscend Corp.","filed_at":"2023-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.392570+00:00","generated_at":"2026-06-08T07:16:02.121865+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 Q3 revenue $89.2M (+34.7% YoY); raises FY2023 guidance to $320M revenue, $73M EBITDA","bullets":["Net revenue $89.2M, up 23.7% sequentially and 34.7% YoY; gross margin 53.6% vs 50.2% in Q2 2023.","Adjusted EBITDA from continuing operations $24.2M (27.1% margin), up 89% sequentially from $12.8M.","GAAP net loss from continuing operations improved to $8.4M from $12.9M QoQ and $300.6M YoY (prior year included $331M impairment).","Raised FY2023 guidance: net revenue to $320M (from at least $317M) and adjusted EBITDA to $73M (from $63M).","Improved to #2 market share position in New Jersey at 18.6%; commenced adult-use sales in Maryland with four dispensaries."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-062037","json":"https://secwatch.observer/filing/0000950170-23-062037.json","markdown":"https://secwatch.observer/filing/0000950170-23-062037.md","text":"https://secwatch.observer/filing/0000950170-23-062037.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1778129/000095017023062037/0000950170-23-062037-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1778129/000095017023062037/tsndf-20231109.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T07:16:02.121865+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":"bd2e5ce84b507d7f00cbf6de71b58fe8eee27aa1","claim":"TerrAscend Corp. updated its the third quarter ended September 30, 2023 guidance (raised).","evidence_excerpt":"On November 9, 2023, TerrAscend Corp. (the “Company”) issued a press release announcing its financial results and business highlights for the quarter ended September 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1778129/000095017023062037/0000950170-23-062037-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2023"},{"label":"Guidance","value":"raised"},{"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"}