TerrAscend Corp. (CNSX:TER) acquired an additional 12.5% stake in TerrAscend NJ LLC from Blue Marble Ventures, LLC and BWH NJ, LLC for $50 million on August 20, 2021. As a part of the transaction, an initial cash payment of $25 million with an additional $25 million payment comprised of a combination of cash and common shares to be paid on or before December 31, 2021. As a result, the TerrAscend now owns 87.5% of the issued and outstanding equity of TerrAscend New Jersey. In addition, the TerrAscend and the sellers have agreed to terms whereby TerrAscend will have the option to purchase an additional 6.25% of TerrAscend New Jersey. TerrAscend Corp. (CNSX:TER) completed the acquisition of an additional 12.5% stake in TerrAscend NJ LLC from Blue Marble Ventures, LLC and BWH NJ, LLC on August 20, 2021.