---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-034533"
form_type: "8-K"
ticker: "TSNDF"
cik: "0001778129"
company_name: "TerrAscend Corp."
filed_at: "2022-03-16T23:59:59+00:00"
generated_at: "2026-06-26T22:25:55.493775+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# TerrAscend reports FY 2021 net sales up 42% to $210.4M; Q4 flat; Gage acquisition closed

## Summary
- Full year 2021 net sales $210.4M, up 42% YoY; adjusted EBITDA $65.6M, up 57% YoY.
- Q4 net sales $49.2M (flat QoQ); net loss $5.9M, impacted by lease termination and transaction costs.
- Closed acquisition of Gage Growth Corp, gaining top Michigan cannabis operator and brand.
- NJ retail/wholesale ready for adult-use pending approval; PA facility recaptured top-3 market share.
- Appointed Ziad Ghanem as President & COO; other senior management and board appointments.

## SEC filing metadata
- accession: 0001104659-22-034533
- form_type: 8-K
- ticker: TSNDF
- cik: 0001778129
- company_name: TerrAscend Corp.
- filed_at: 2022-03-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1778129/000110465922034533/0001104659-22-034533-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1778129/000110465922034533/tm228288d3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-034533
- JSON: https://secwatch.observer/filing/0001104659-22-034533.json
- Plain text: https://secwatch.observer/filing/0001104659-22-034533.txt

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