TerrAscend Announces CFO Transition Amid Strategic Growth

TerrAscend Corp ( (TSE:TSND) ) has issued an announcement.

TerrAscend Corp announced the departure of its Chief Financial Officer, Keith Stauffer, who will leave the company on July 18, 2025, to pursue opportunities outside the cannabis industry. Alisa Campbell, currently the Senior Vice President of Corporate Finance & Accounting, will take over on an interim basis. The company is conducting a comprehensive search for a permanent replacement. This transition is significant as Stauffer played a crucial role in strengthening TerrAscend’s financial foundation and strategic growth. The leadership change is expected to maintain continuity in the company’s financial strategy, with Campbell’s extensive experience and involvement in the company’s financial operations.

The most recent analyst rating on (TSE:TSND) stock is a Buy with a C$3.75 price target. To see the full list of analyst forecasts on TerrAscend Corp stock, see the TSE:TSND Stock Forecast page.

Spark’s Take on TSE:TSND Stock

According to Spark, TipRanks’ AI Analyst, TSE:TSND is a Neutral.

TerrAscend Corp’s overall stock score is constrained by mixed financial performance and weak valuation metrics, partially offset by strategic corporate events. The company’s expansion efforts are promising but need to be matched with improved profitability and financial stability.

To see Spark’s full report on TSE:TSND stock, click here.

More about TerrAscend Corp

TerrAscend is a leading TSX-listed cannabis company with operations across North America, including vertically integrated operations in Pennsylvania, New Jersey, Maryland, Michigan, and California. The company operates retail locations such as The Apothecarium and Gage, and engages in cultivation, processing, and manufacturing to serve both medical and legal adult-use markets. TerrAscend owns or licenses several brands including Gage Cannabis, Cookies, and Wana.

Average Trading Volume: 176,319

Technical Sentiment Signal: Sell

Current Market Cap: C$176.7M

For detailed information about TSND stock, go to TipRanks’ Stock Analysis page.