On August 1, 2024, TerrAscend Corp. and TerrAscend USA, Inc., as guarantors, and each of WDB Holding CA, Inc., WDB Holding PA, Inc., WDB Holding MI, Inc., Moose Curve Holdings, LLC, and Hempaid, LLC, including certain of each of their respective subsidiaries, as borrowers, and FG Agency Lending LLC, as the Administrative Agent entered into a loan agreement. The loan provides for a four-year, $140 million senior-secured term loan with an initial draw on August 1, 2024, upon closing, of $114 million and a delayed draw of $26 million expected to occur on September 30, 2024.