Terrascend (TSE:TSND) has disclosed a new risk, in the Share Price & Shareholder Rights category.
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Terrascend faces a significant business risk due to potential disqualification of its investors from owning interests in the company. This risk arises if an investor is convicted of certain felonies or fails to meet residency requirements as interpreted by U.S. state cannabis agencies. Such disqualifications could lead to the loss of equity holders, which might materially and adversely impact the company. It highlights the importance of compliance with state laws and regulations to safeguard investor participation.
The average TSE:TSND stock price target is C$1.07, implying 52.86% upside potential.
To learn more about Terrascend’s risk factors, click here.