Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Nicolás Jose Rodriguez

New Jersey Adult-Use Sales 'Got Off To A Great Start': TerrAscend Second Quarter 2022 Revenue Increases 10% YoY

TerrAscend Corp. (CSE:TER) (OTCQX:TRSSF) reported its financial results for the second quarter ending June 30, late Thursday.

Jason Wild, executive chairman of TerrAscend, noted the firm grew revenue 31% sequentially for the second quarter as New Jersey adult-use sales “got off to a great start.” In a press release, Wild commented that growth should continue as the firm remains “on track” for each store in New Jersey “to achieve at least a $40 million run rate in their first full year of adult-use sales.”

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.