On Monday, TerrAscend Corp. (CSE: TER) (OTCQX: TRSSFreported its financial results for the third quarter ending September 30, 2022.

"We took decisive action to reduce our operating expenses in the quarter while still generating record sales. These factors combined to drive substantial improvement in adjusted EBITDA margins quarter over quarter and positive cash flow from operations," Jason Wild, executive chairman of TerrAscend said in a press release.

"Our strong brand presence is evidenced by our retail and wholesale results in New Jersey, where we have quickly established ourselves as a leading operator with three of the top ten flower SKUs, including #1. We look forward to deploying our branded strategy in Maryland and Pennsylvania when these states implement adult use."

Third Quarter …

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