---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-094012"
form_type: "8-K"
ticker: "TSNDF"
cik: "0001778129"
company_name: "TerrAscend Corp."
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T11:06:57.399404+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TerrAscend Q2 revenue $77.5M (+7.5% YoY), Adj. EBITDA up 22%, $140M term loan secured

## Summary
- Net revenue $77.5M, +7.5% YoY; gross margin 48.6% vs 50.2%.
- Adjusted EBITDA $15.6M (+21.9% YoY); margin 20.2% vs 17.8%.
- Net loss from continuing ops improved to $6.2M from $12.9M YoY.
- Free cash flow $11.7M (vs -$0.2M); 8th consecutive quarter positive ops cash flow.
- Closed $140M term loan at 12.75%, maturing 2028, for M&A and debt refinancing.

## SEC filing metadata
- accession: 0000950170-24-094012
- form_type: 8-K
- ticker: TSNDF
- cik: 0001778129
- company_name: TerrAscend Corp.
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1778129/000095017024094012/0000950170-24-094012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1778129/000095017024094012/tsndf-20240808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-094012
- JSON: https://secwatch.observer/filing/0000950170-24-094012.json
- Plain text: https://secwatch.observer/filing/0000950170-24-094012.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.