TerrAscend Receives Cannabis Oil Sales License in Canada

Published: July 9, 2019

TerrAscend Receives Cannabis Oil Sales License in Canada

TerrAscend Corp. announced that its subsidiary, TerrAscend Canada, has received an amendment to its license from Health Canada to allow it to sell cannabis oils from its EU-GMP certified facility in Mississauga, Ontario.

Sales of TerrAscend’s cannabis oils will begin immediately through its medical marketplace, Solace Health (www.solacehealth.com), and to the Canadian adult use market in the coming weeks. The Company is also pursuing export of its oils to international medical markets and will share news of these milestones as it achieves them.

“The addition of oils to our product line enables us to better meet the needs of our patients and customers, who demand safe, standardized products,” said Michael Nashat, TerrAscend’s CEO. “It also helps us meet the growing demand for non-combustible cannabis products. As with every product, we make our oils with a relentless, pharmaceutical-grade focus on quality, safety and consistency. Today is an important milestone in our journey to be the world’s most trusted provider of top quality cannabinoid products.”

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