Business
TerrAscend to Close Acquisition of Gage Cannabis on Thursday March 10th
TerrAscend to Close Acquisition of Gage Cannabis on Thursday March 10th Canada ...
About this update from Terrascend Corp.
[{"type":"text","content":"\n \n \n \n TerrAscend to Close Acquisition of Gage Cannabis on Thursday March 10th\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n Combines Strong Leadership Teams, a Portfolio of Powerful Brands and Operations Delivering Quality at Scale\n \n \n \n \n Expanded Footprint Includes 7 Cultivation Facilities and 25 Retail Locations with Operations in 5 States and\n \n Canada\n \n \n \n \n \n TORONTO\n \n ,\n \n March 9, 2022\n \n /CNW/ - TerrAscend Corp. (\"\n \n TerrAscend\n \n \" or the \"\n \n Company\n \n \") (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, and Gage Growth Corp. (\"Gage\") (CSE: GAGE) (OTCQX: GAEGF), a leading high-quality premium cannabis brand and operator in\n \n Michigan\n \n , today announced that they intend to close the previously announced acquisition of Gage by TerrAscend by way of a court-approved plan of arrangement under the\n \n Canada Business Corporations Act\n \n (the \"\n \n Transaction\n \n \") on\n \n March 10, 2022\n \n , subject to satisfaction or waiver of all remaining closing conditions.\n \n \n Upon completion of the Transaction, TerrAscend will have an expanded footprint with owned and managed operations in\n \n California\n \n ,\n \n Michigan\n \n ,\n \n Maryland\n \n ,\n \n New Jersey\n \n ,\n \n Pennsylvania\n \n , and\n \n Canada\n \n , including 7 cultivation and processing facilities and 25 operating dispensaries serving medical and adult-use cannabis markets in the U.S. and\n \n Canada\n \n .\n \n \n \"This is a defining moment for TerrAscend as we combine two leading vertically integrated operators with proven cultivation and manufacturing expertise, deep portfolios of proprietary f...