First American Marijuana MSO To Trade On TSX: TerrAscend Becomes 'Truly Independent'
Portfolio Pulse from Vuk Zdinjak
TerrAscend Corp. (OTCQX:TRSSF) (CSE:TER) will start trading on the Toronto Stock Exchange under the new ticker symbol 'TSND' on July 4, 2023. The company has made significant financial improvements over the past year, including reducing expenses, transforming the balance sheet, lowering interest expense, and becoming cash flow positive. The TSX listing is expected to provide greater access to a broader group of investors. The company's common shares will be delisted from the Canadian Securities Exchange on June 30, 2023.
June 29, 2023 | 12:59 pm
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POSITIVE IMPACT
TerrAscend's move to the TSX could attract a broader group of investors, potentially leading to increased demand for its shares. The company's improved financial position could also boost investor confidence.
The news of TerrAscend's listing on the TSX is directly related to the company and its shares. The move could attract more investors, potentially increasing demand for its shares. The company's improved financial position could also boost investor confidence, further supporting the share price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100