Business

TerrAscend Utah, LLC Awarded Processing License in Utah

TerrAscend Utah, LLC Awarded Processing License in Utah Canada NewsWire TORONTO,...

articleTerrascend Corp.January 30, 20204/company/terrascend-corp/news/terrascend-utah-llc-awarded-processing-license-in-utah
TerrAscend Utah, LLC Awarded Processing License in Utah

About this update from Terrascend Corp.

[{"type":"text","content":"\n\n\n\nTerrAscend Utah, LLC Awarded Processing License in Utah\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\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Jan. 30, 2020\n\n\n\nTORONTO, Jan. 30, 2020 /CNW/ - TerrAscend Corp. (CSE: TER; OTCQX: TRSSF) (\"TerrAscend\" or \"the Company\"), the first global cannabis company licensed for sales in the U.S., Canada, and the EU, announced today that its majority owned subsidiary, TerrAscend Utah, LLC (\"TerrAscend Utah\") was awarded approval for a Medical Cannabis Processor License by the Utah Department of Agriculture and Food on January 29, 2020.  TerrAscend Utah's processing facility will be located in St George, Utah.  \n\n \n \n\n \n\"We are pleased St. George will have a company like TerrAscend in our community,\" said Jeriah Threlfall, President, St George Economic Development. \"TerrAscend has a proven record of pharmaceutical research and development of products that meet the high standards our state policymakers intended when they passed the law.\" \n\"We are thrilled to have been chosen by the Utah Department of Agriculture and Food for a Medical Cannabis Processor License,\" said Jason Ackerman, TerrAscend's Executive Chairman. \"We look forward to becoming an integral part of the St. George community and serving the patients of Utah.  We will begin the process of transferring TerrAscend's cannabis processing and product manufacturing know-how, as well as our house of brands, to meet patients' needs as soon as possible.\" \nTerrAscend's minority partner in TerrAscend Utah is Spin City USA, LLC.  \nThe Canadian Securities Exchange (\"CSE\") has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.\nAbout TerrAscendTerrAscend provides quality products, brands, and services to the global cannabinoid market. As the first North American Operator (NAO), with scale operations in both Canada and the US, the Company participates in t...

More updates from Terrascend Corp.