secwatch.observer — SEC 8-K summary
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Issuer:     TerrAscend Corp. (TSNDF)
CIK:        0001778129
Form:       8-K
Filed at:   2025-01-31T23:59:59+00:00
Accession:  0000950170-25-011446
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TerrAscend prelim Q4 net revenue $74.4M, gross margin 50.2%, positive cash flow
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- Net revenue of $74.4M, up 0.3% QoQ from Q3 2024's $74.2M.
- Gross profit margin 50.2%, up 140 bps from 48.8% in Q3 2024.
- Generated positive cash flow from operations in Q4 2024.
- Retained #1 market share in New Jersey for all 2024 quarters (BDSA).
- Signed Ohio Ratio Cannabis deal, expected to close Q1 2025, entering 6th state.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1778129/000095017025011446/0000950170-25-011446-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1778129/000095017025011446/tsndf-20250131.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-011446

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer