---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-122339"
form_type: "8-K"
ticker: "TSNDF"
cik: "0001778129"
company_name: "TerrAscend Corp."
filed_at: "2024-11-06T23:59:59+00:00"
generated_at: "2026-05-30T04:42:44.862686+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TerrAscend Q3 revenue $74.2M, net loss widens to $21.4M; announces Ohio dispensary acquisition

## Summary
- Net revenue $74.2M (-4.3% QoQ); gross margin 48.8% vs 48.6% in Q2.
- GAAP net loss from continuing ops $21.4M versus $6.2M in Q2, driven by $13M in one-time non-cash items.
- Adjusted EBITDA from continuing ops $13.7M (18.5% margin) vs $15.6M (20.2%) in Q2.
- Closed $140M senior secured term loan at 12.75% to refinance PA and MI debt; no warrants or prepayment penalties.
- Signed definitive agreement to enter Ohio through acquisition of a profitable dispensary; $10M share repurchase authorized.

## SEC filing metadata
- accession: 0000950170-24-122339
- form_type: 8-K
- ticker: TSNDF
- cik: 0001778129
- company_name: TerrAscend Corp.
- filed_at: 2024-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1778129/000095017024122339/0000950170-24-122339-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1778129/000095017024122339/tsndf-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-122339
- JSON: https://secwatch.observer/filing/0000950170-24-122339.json
- Plain text: https://secwatch.observer/filing/0000950170-24-122339.txt

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