TerrAscend Signs Agreement to Acquire Fourth Dispensary in New Jersey

TerrAscend Signs Agreement to Acquire Fourth Dispensary in New Jersey

Union Chill, a single dispensary operator in Hunterdon County, is generating over $11 million in annualized revenue

TerrAscend Acquires Fourth New Jersey Dispensary

TORONTO — TerrAscend Corp., a leading North American cannabis company, signed an agreement where its consolidated entities will operate a fourth dispensary in New Jersey. Union Chill Cannabis Company LLC, a high-performing, single dispensary operator in Hunterdon County, is expected to be immediately accretive to TerrAscend on an EBITDA and cashflow basis and further solidifies the Company’s leadership position in the state. The closing remains …

TerrAscend acquires Union Chill dispensary in Lambertville

Less than two years after Union Chill Cannabis Co. opened as the first recreational dispensary in Lambertville, multistate operator TerrAscend will acquire the business. In a May 6 press release, the Toronto-based cannabis giant announced it signed an agreement to acquire the North Union Street shop. Financial terms were not disclosed. Upon closing of the transaction, Union Chill will increase TerrAscend’s retail footprint to 39 dispensaries acr…

TerrAscend Signs Agreement to Acquire 4th Dispensary in New Jersey

Union Chill, a single dispensary operator in Hunterdon County, is generating more than $11 million in annualized revenue.