Exclusive: TerrAscend Is Partnering With Cannabis Hardware Co. That's Already Sold More Than $100M
Portfolio Pulse from Javier Hasse
TerrAscend Corp. (OTC:TRSSF) has partnered with Dablicator, a California-based cannabis hardware manufacturer, to participate in Dablicator's Oil Applicator Brand Partner Program. This partnership will expand the reach of TerrAscend's in-house brands, such as Gage Cannabis, Kind Tree, and Ilera Healthcare.
May 31, 2023 | 11:00 pm
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POSITIVE IMPACT
TerrAscend's partnership with Dablicator will expand the reach of its in-house brands and potentially increase its revenue streams in the concentrates sector.
TerrAscend's partnership with Dablicator will allow it to participate in the Oil Applicator Brand Partner Program, expanding the reach of its in-house brands such as Gage Cannabis, Kind Tree, and Ilera Healthcare. This partnership will help TerrAscend bolster its revenue streams in the concentrates sector, as Dablicator has generated over $100 million in retail revenue for its partners. The increased reach and potential revenue growth make this news positive for TerrAscend's stock in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100