Cannabis Companies On The Move: TerrAscend, Gage Shareholders Overwhelmingly Approve Merger

company Gage Growth Corp. (CSE: GAGE) (OTCQX: GAEGF) is a step closer to a takeover by company TerrAscend Corp. (CSE: TER) (OTCQX:TRSSF), as its shareholders approved the previously announced arrangement at the special meeting held on Thursday.

TerrAscend's shareholders followed suit and approved the transaction, pursuant to which the company and Toronto-based company will acquire all of the issued and outstanding subordinate voting shares of Gage.

Gage Shareholders

Gage's shareholders carrying an aggregate of 120,076,552 votes, representing approximately 56.26% of votes entitled to be cast at the meeting, were represented in person or by proxy at the special meeting.

The special resolution was approved by 99.57% of the votes cast by Gage's shareholders, voting together as a single class, as well as 99.22% of the votes cast by the Shareholders, …

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More Cannabis Companies On The Move: TerrAscend, Gage Shareholders Overwhelmingly Approve Merger