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TerrAscend Gains Foothold In NJ Medical Market, 1st Licensed Greenhouse In State

the black and orange/brown logo of TerrAscend
TerrAscend
COURTESY: TERRASCEND

 Earlier this week, TerrAscend’s greenhouse located at its Boonton facility became the first greenhouse in New Jersey to receive a cannabis cultivation permit by the Department of Health. The leading North American Operator expects to start harvesting its first batch of cannabis in the fall and unveil a comprehensive suite of medical products in November.  

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TerrAscend Emerging As This Year’s Breakout Star Among Cannabis Operators

Terrascend's logo on a white background
TerrAscend
COURTESY: TERRASCEND

TerrAscend Emerging As This Year’s Breakout Star Among Cannabis Operators

As competition tightens among vertically integrated operators in the cannabis space, one under the radar company has secured its position as one of the leaders of the pack. TerrAscend, one of the fastest growing multi-state operators in North America, reported $34.8 million in net sales, amounting to a 139% year-over year increase, in its first quarter earnings report yesterday. 

Please Read More Here At Forbes: