Company Overview - TerrAscend Corp. is a leading North American cannabis company with operations in Pennsylvania, New Jersey, Maryland, Michigan, and California, as well as retail operations in Canada [3] - The company operates various dispensary retail locations and has scaled cultivation, processing, and manufacturing facilities in its core markets [3] - TerrAscend owns or licenses several brands including Gage Cannabis, The Apothecarium, Cookies, and Wana [3] Recent Acquisition - TerrAscend has signed an agreement to operate its fourth dispensary in New Jersey through the acquisition of Union Chill Cannabis Company LLC, which generates over $11 million in annualized revenue [1][2] - The acquisition is expected to be immediately accretive to TerrAscend on an EBITDA and cash flow basis, further solidifying the company's leadership position in New Jersey [1][2] - Upon closing, Union Chill will increase TerrAscend's retail footprint to 39 dispensaries across five U.S. states and Canada [2] Growth Strategy - The company plans to enhance sales and margins by introducing its portfolio of premium brands at the new dispensary [2] - TerrAscend is actively evaluating additional expansion opportunities in New Jersey and expects to sign multiple transactions by the end of 2025 [2] - The company is also on track with the expansion of cultivation and manufacturing capacity at its Boonton facility to meet increased demand [2]