TerrAscend Corp. (“TerrAscend” or “the Company”) (CSE:TER, OTCQX: TRSSF), a leading North American cannabis operator, today announced it has launched a portfolio of its Kind Tree branded products in Maryland.
TerrAscend recently entered the Maryland market with the closing of the acquisition of HMS Health this past month. The Maryland facility is already cultivating over 15 strains of flower under the Kind Tree brand and is now launching manufactured form factors of Kind Tree vapes and half gram pre-rolls. Additional cultivation capacity, brands and formulations will come online in the second half of this year.
“The integration of HMS is progressing well, and the introduction of our Kind Tree brand is an important milestone in this process,” said Jason Wild, Executive Chairman of TerrAscend. “Maryland is a key limited license market with strong growth potential, strategically located near our core Northeast markets of Pennsylvania and New Jersey. During the second half of 2021, we plan to significantly expand our cultivation and processing capacity in each of these underserved states.”
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