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TerrAscend Schedules Special Meeting of Shareholders in Preparation for U.S. Stock Exchange Uplisting
TORONTO, June 05, 2026 (GLOBE NEWSWIRE) -- TerrAscend Corp. ("TerrAscend" or the "Company") (TSX...
About this update from Terrascend Corp.
TerrAscend Schedules Special Meeting of Shareholders in Preparation for U.S. Stock Exchange UplistingSpecial meeting will allow shareholders to vote on share consolidation to support potential uplisting to a U.S. stock exchange TORONTO, June 05, 2026 (GLOBE NEWSWIRE) -- TerrAscend Corp. ("TerrAscend" or the "Company") (TSX: TSND) (OTCQX: TSNDF), a leading North American cannabis operator, today announced that it has filed a notice to hold a Special Meeting of Shareholders (the “Special Meeting”) on August 24, 2026 to approve a share consolidation of the Company’s common shares (the “Share Consolidation”). The record date for the Special Meeting is June 30, 2026. Further details regarding the Share Consolidation, including the proposed consolidation ratio and related information, will be provided in the management information circular to be filed with the SEC and on SEDAR+ in advance of the Special Meeting. The Share Consolidation is intended to position the Company to meet share price criteria established by major U.S. stock exchanges and the Company’s Board of Directors believes it is prudent to take the steps necessary to be prepared to act on that opportunity when it arrives. “The regulatory progress that has occurred over the past several months is real and meaningful. We believe uplisting to a major U.S. exchange is no longer a question of if, it is a question of when,” said Jason Wild, Executive Chairman of TerrAscend. “We have been positioning the Company for this moment since 2022 when we became an SEC filer. More recently, we have been in consultation with the U.S. stock exchanges. This shareholder vote is an important step, and we look forward to sharing additional details ahead of the meeting.” About TerrAscendTerrAscend is a leading TSX-listed cannabis company with interests across the North American cannabis sector, including operations in Pennsylvania, New Jersey, Maryland, Ohio, and California through TerrAscend Growth Corp. and retail operations in Canada. TerrAscend operates The Apothecarium and other dispensary retail locations as well as scaled cultivation, processing, and manufacturing facilities in its core markets. TerrAscend’s cultivation and manufacturing practices yield consistent, high-quality cannabis, providing industry-leading product selection to bot...