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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Fri., Feb. 3, 12:18 PM

Slide #41. TerrAscend Corp. Allegany Medical Marijuana Dispensary

Acquirer: TerrAscend Corp. (TRSSF)
Acquiree: Allegany Medical Marijuana Dispensary
Details: TerrAscend Corp. ("TerrAscend") (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced the closing of its previously announced acquisition of Allegany Medical Marijuana Dispensary ("AMMD"), a medical dispensary in Cumberland, Maryland. Under the terms of the agreement (the "Transaction"), TerrAscend has acquired a 100% equity interest in AMMD for total consideration of US$10 million in cash, in addition to entering into a long-term lease with the option to purchase the real estate.

  TerrAscend Corp.: TRSSF
  Allegany Medical Marijuana Dispensary: PRIVATE
 

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