TerrAscend Exiting Michigan, Will Sell 4 Cultivation Facilities, 20 Dispensaries | How to order Skittles Moonrock online

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[PRESS RELEASE] – TORONTO, June 30, 2025 – TerrAscend Corp., a leading North American cannabis company, announced that it has completed a strategic review of its Michigan business operations and decided to exit the Michigan market.

As part of the exit plan, TerrAscend and its consolidated entities intend to sell or divest all of the company’s Michigan assets, including four cultivation and processing facilities, 20 retail dispensaries, and real estate. Net proceeds from the divestitures will be used to pay down existing company debt.