Strict Regulations Leave Cookies Baltimore Store In Peril: Marijuana Regulator Issues License Suspension
Portfolio Pulse from Jelena Martinovic
Cookies Baltimore, a flagship store of global cannabis brand Cookies, faces license suspension by the Maryland Cannabis Administration (MCA) due to violations of state marijuana laws and regulations. TerrAscend Corp. (OTCQX:TRSSF) has a 5-year licensing agreement with Cookies to cultivate and manufacture its products in Maryland.

June 15, 2023 | 4:44 pm
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TerrAscend Corp.'s 5-year licensing agreement with Cookies to cultivate and manufacture its products in Maryland may be affected by Cookies Baltimore's license suspension.
TerrAscend Corp. has a 5-year licensing agreement with Cookies to cultivate and manufacture its products in Maryland. The recent license suspension of Cookies Baltimore by the Maryland Cannabis Administration due to violations of state marijuana laws and regulations may negatively impact this agreement and, in turn, affect TerrAscend Corp.'s operations and revenues in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80