representative work

TerrAscend Announces Third Tranche Closing of Private Placement Offering


On November 26, 2019, TerrAscend Corp. announced that it closed the third tranche of a previously announced non-brokered private placement offering of units of TerrAscend for additional gross proceeds of approximately $2.65 million. Each unit is comprised of one unsecured convertible debenture of TerrAscend Canada Inc. and 25.2 common share purchase warrants of TerrAscend.

Cassels represented TerrAscend with a deal team that included Sean Maniaci, Jamie Litchen, Jonathan Sherman, Kyle Simpson and James Lyle (Securities and Cannabis) and James Morand (Taxation and Cannabis).

RELATED EXPERTISE: Securities | Cannabis | Taxation