TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) reported its financial results for the first quarter that ended March 31, 2023.

"Despite a challenging environment, revenue in the first quarter increased 42.8% year-over-year, gross margins significantly improved by 420 basis points sequentially to 48.8% and, importantly, we generated positive free cash flow of $5.9 million," Jason Wild, executive chairman of TerrAscend stated.

First Quarter 2023 Financial Highlights

Full story available on Benzinga.com

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