TerrAscend Reports Second Quarter 2025 Financial Results
GlobeNewswire News Room·2025-08-07 20:10
Net Revenue totaled $65 million and Gross Profit Margin was 51.1% from continuing operations, excluding Michigan 12th consecutive quarter of positive Cash Flow from continuing operations and 8th consecutive quarter of positive Free Cash Flow¹ Announced exit from Michigan market to reduce existing debt and enable concentrated growth and improved profitability in core markets Subsequent to quarter end, completed a $79 million non-dilutive refinancing of existing debt with an additional uncommitted term loan f ...