On May 6, 2025, TerrAscend Corp., a leading North American cannabis company, entered into an agreement to acquire Union Chill Cannabis Company LLC, a high-performing, single dispensary operator in Hunterdon County, New Jersey, where TerrAscend’s consolidated entities will operate its fourth dispensary in New Jersey.

Upon completion, the acquisition is expected to immediately enhance TerrAscend’s EBITDA and cash flow and enhance its leadership in New Jersey.

Cassels is acting for TerrAscend.