TerrAscend Bolsters Ownership of New Jersey Cannabis License In Anticipation Of Adult-Use Rollout

company TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) wrapped up the acquisition of an additional 12.5% of the issued and outstanding of TerrAscend NJ, LLC from BWH NJ, LLC and Blue Marble Ventures, LLC.

The move comes on the heels of announcing an agreement with Berner's Cookies to bring its products to shops in New Jersey.

In return, the New York and Toronto-based company said Friday that it agreed to pay $25 million in cash and an additional $25 million in the combination of cash and its common shares before the year-end.

Currently, TerrAscend owns 87.5% of the issued …

Full story available on Benzinga.com

More TerrAscend Bolsters Ownership of New Jersey Cannabis License In Anticipation Of Adult-Use Rollout