# TerrAscend Corp.

TerrAscend Corp. is an Asset Manager based in Mississauga, Canada.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Mississauga, Canada
- **Region:** North America
- **Address:** Mississauga, Ontario, Canada
- **Founded:** 2017
- **Assets under management:** Undisclosed
- **Website:** terrascend.com
- **LinkedIn:** https://www.linkedin.com/company/terrascend

## Regulatory record

- **Reports private funds:** No

## About

TerrAscend is a leading North American cannabis operator with vertically integrated operations in California, Maryland, New Jersey, Ohio and Pennsylvania, as well as retail operations in Canada.

## Sectors

- Cannabis

## People

- Jason Wild — Co-Founder (as of founding)

## Questions

### Who runs investment decisions at TerrAscend?

The firm's executive leadership team, composed of seven members, drives strategic and operational decisions. The board of directors provides oversight. Jason Wild co-founded the company and was a key investor at inception, but current day-to-day investment authority is not publicly specified beyond the executive team and board structure.

### How does TerrAscend source proprietary deal flow?

TerrAscend has historically grown through acquisitions of cultivation facilities, manufacturing plants, and dispensaries in states where it holds licenses. The firm does not publicly detail a proprietary sourcing model beyond organic expansion and M&A in regulated cannabis markets.

### Does TerrAscend participate in fund commitments or only direct deals?

The firm primarily executes direct operational investments — acquiring cultivation and retail assets — rather than committing capital to external funds. Its public filings describe direct ownership of facilities and brands.

### What investment stages does TerrAscend typically target?

TerrAscend focuses on established, licensed cannabis operations in states with legal medical or recreational markets. Its acquisitions have been of operating businesses with existing licenses, cultivation capacity, or retail footprints, rather than seed-stage investments.

### Which sectors does TerrAscend explicitly avoid?

The firm's disclosed activities are exclusively within the cannabis sector, including cultivation, manufacturing, branding, and retail. It does not appear to invest in any other industry.

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Last updated: 2026-06-03T20:00:00.000Z

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