Gage Growth Corp. (?Gage? or the ?company?) announced it has closed on a senior secured term loan (the ?Term Loan?) for aggregate gross proceeds of USD 55 million (the ?Offering?). Gage intends to use the proceeds (i) to finance the Company's retail acquisition strategy in Michigan, (ii) to support the Company's future growth, and (iii) for general working capital purposes. All retail acquisitions are expected to be accretive to Gage and TerrAscend Corp. (?TerrAscend?) upon and subject to the completion of its proposed acquisition of Gage. The Term Loan bears interest at a per annum rate equal to the greater of 7.00% plus prime rate and 10.25%, payable monthly in arrears, with a maturity date of November 30, 2022. The Term Loan is secured by a first lien on all Company assets.