TORONTO, June 24, 2025  — TerrAscend Corp. (“TerrAscend” or the “Company”) (TSX: TSND, OTCQX: TSNDF), a leading North American cannabis company, today announced the results of its annual meeting of shareholders held on June 24, 2025 (the “Meeting“). Common shareholders at the Meeting affirmatively approved the following resolutions:

  • The re-election of Mr. Craig Collard, Ms. Ira Duarte, Mr. Ed Schutter, Ms. Kara DioGuardi and Mr. Jason Wild as directors of the Company for the ensuing year, the voting results of which are as follows;
Director Number of Shares
For Withheld
Craig Collard 154,140,823 (99.53 %) 726,722 (0.47%)
Ira Duarte 154,141,122 (99.53%) 726,723 (0.47%)
Ed Schutter 154,142,148 (99.53%) 725,397 (0.47%)
Kara DioGuardi 151,700,891(97.96%) 3,166,954 (2.04%)
Jason Wild 154,261,935 (99.61%) 605,910 (0.39%)
  • the ratification of the re-appointment of MNP LLP, as the auditor and independent registered public accounting firm of the Company for the fiscal year ending December 31, 2025 and the authorization of the board of directors of the Company to fix their remuneration; and
Number of Shares
For Withheld
193,909,629 (99.39%) 1,193,696 (0.61%)
  • the approval of a resolution to modify the exercise prices of an aggregate of 3,706,250 stock options of the Company held by certain insiders of the Company, subject to the insider meeting a service period requirement, from their current respective exercise prices to the exercise prices set forth in the Company’s Management Information Circular and Proxy Statement dated April 28, 2025.
Number of Shares
For Against
49,849,207 (79.58%) 12,793,583 (20.42%)

About TerrAscend
TerrAscend is a leading TSX-listed cannabis company with interests across the North American cannabis sector, including vertically integrated operations in Pennsylvania, New Jersey, Maryland, Michigan, Ohio and California through TerrAscend Growth Corp. and retail operations in Canada. TerrAscend operates The Apothecarium, Gage and other dispensary retail locations as well as scaled cultivation, processing, and manufacturing facilities in its core markets. TerrAscend’s cultivation and manufacturing practices yield consistent, high-quality cannabis, providing industry-leading product selection to both the medical and legal adult-use markets. The Company owns or licenses several synergistic businesses and brands including Gage Cannabis, The Apothecarium, Cookies, Lemonnade, Ilera Healthcare, Kind Tree, Legend, State Flower, Wana, and Valhalla Confections. For more information visit www.terrascend.com.

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