TerrAscend Corp. (CNSX:TER) entered into a definitive agreement to acquire Derby 1, LLC for $22.1 million on June 7, 2023. Under the terms of the agreement, TerrAscend will acquire Peninsula Alternative Health for total consideration of $22.1 million, including $1.5 million in cash, with the remainder in a combination of existing debt, a seller?s note, and stock. The transaction, which is expected to be immediately accretive to TerrAscend on an EBITDA and cashflow basis, is subject to customary closing conditions, including regulatory approval. As of June 19, 2023 regulatory board approved the deal. The acquisition is expected to close shortly. The transaction is expected to be immediately accretive to TerrAscend on an EBITDA and cashflow basis.

TerrAscend Corp. (CNSX:TER) completed the acquisition of Derby 1, LLC for $15.4 million on June 28, 2023. As of November 9, 2023 the total consideration of $15.394 million, including $1.23 million in cash, $3.65 million in Loans payable, $2.66 million in Contingent consideration.