TerrAscend prelim Q1 net revenue $65.5M, gross margin 52.8%, cash flow positive

TerrAscend Corp.

2026-Q1 EPS reported -$0.03 revenue$65,539,000

Net revenue of $65.5M from continuing operations, up from $64.3M in Q1 2025.
Gross profit margin of 52.8% exceeded internal targets; G&A expenses flat QoQ.
15th consecutive quarter of positive cash flow from operations.
Executive Chairman cited medical cannabis rescheduling and strong balance sheet.
Earnings conference call scheduled for May 7, 2026 at 8:00 a.m. ET.

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