TerrAscend is a Canadian cannabis company engaged in providing products, brands, and services to the cannabinoid market.
TerrAscend is a vertically-integrated Canadian cannabis company that strives to create and deliver quality products and services that meet the evolving needs of the cannabis market. It provides support to patients through its wholly-owned subsidiaries, Solace Health Inc., a licensed producer of cannabis under the Access to Cannabis for Medical Purposes Regulations, and Terra Health Network Inc., a provider of clinical support and education programs led by health care professionals. TerrAscend offers prescription cannabinoids and medical cannabis solutions for patients suffering from chronic pain and debilitating illnesses and focuses on drug research and development, cannabis devices, delivery systems, and hemp health products.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Nov 30, 2022 | Post-IPO Debt | $55M | — | — | — | Detail |
Oct 12, 2022 | Post-IPO Debt | $45.50M | 1 | Pelorus Equity Group | — | Detail |
Dec 18, 2020 | Post-IPO Debt | $120M | — | — | — | Detail |
May 25, 2020 | Post-IPO Equity | $30M | — | — | — | Detail |
Jan 13, 2020 | Post-IPO Equity | $33.50M | — | — | — | Detail |
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Apr 6, 2022
Binance.US
|
Seed | $200M | Cryptocurrency | — |
Mar 11, 2020
Canopy Growth
|
Post-IPO Debt | $58.80M | Cannabis | — |
Sep 24, 2019
Stacks
|
Initial Coin Offering | $23M | Apps | — |
May 24, 2016
BitOasis
|
Seed | — | Bitcoin | — |
Feb 2, 2016
FiscalNote
|
Series C | $10M | Artificial Intelligence | — |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Pelorus Equity Group | Yes | Post-IPO Debt |
RIV Capital | Yes | Post-IPO Equity |
JW Asset Management | Yes | Post-IPO Equity |
Canopy Growth | — | Post-IPO Equity |
TerrAscend has had 1 exits. TerrAscend most notable exits include Canopy Growth
Date | Company Name | Exit Type | Industry | |
---|---|---|---|---|
Jul 27, 2016 | Canopy Growth | IPO | Cannabis | Detail |
TerrAscend has acquired 7 organizations. Their most recent acquisition was The Apothecarium on Feb 12, 2019. They acquired The Apothecarium for $118.40M.
Date
Company Name
|
Industry | Acquisition Type | Price | |
---|---|---|---|---|
Feb 12, 2019
The Apothecarium
|
Cannabis | acquisition | $ 118.40M | Detail |
Aug 2, 2019
Ilera Healthcare
|
Alternative Medicine | acquisition | — | Detail |
May 3, 2021
Keystone Canna Remedies
|
Cannabis | acquisition | $ 70M | Detail |
May 4, 2021
HMS Health
|
Cannabis | acquisition | $ 27.50M | Detail |
Sep 1, 2021
Gage Cannabis
|
Cannabis | acquisition | $ 545M | Detail |