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TerrAscend Receives Conditional Approval to List on the TSX

North American cannabis operator TerrAscend Corp. has announced that it has received conditional approval from the Toronto Stock Exchange (TSX) to list its common shares on the TSX.

Final approval of the TSX Listing is subject to the company meeting certain customary conditions required by the exchange. TerrAscend Corp. will issue a press release once the TSX confirms the date that trading will commence on the exchange.

Executive Chairman of TerrAscend, Jason Wild, said: “I would like to express my sincere appreciation to the teams at the TSX, TerrAscend and Cassels for working so hard to get us to this point.

READ MORE: Canadian Cannabis Sales Beat Estimates Growing 1.3% in April

“I speak for everyone at TerrAscend when I say we are honored to be in the position to blaze this trail for the industry.

“We have an exciting future ahead of us and we can’t wait to share the TerrAscend story with the larger audience of participants that this listing brings.”

In connection with the TSX Listing, TerrAscend Corp. has submitted a request to voluntarily delist its Common Shares from the Canadian Securities Exchange (CSE). The CSE delisting is expected to be effective on or shortly after the date the Common Shares commence trading on the TSX.

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