TerrAscend closes on Ohio dispensary acquisition

TerrAscend (TSNDF) announced the closing of its previously announced acquisition of the assets of Ratio Cannabis, a cannabis dispensary located in Goshen Township, Ohio. The acquisition represents TerrAscend’s initial entry into its sixth state, Ohio, and is expected to be immediately accretive on an EBITDA and cashflow basis. This acquisition increases TerrAscend’s retail footprint to 39 dispensaries across six U.S. states and Canada. The Company intends to acquire additional Ohio dispensaries in the future.