TerrAscend is a company that offers prescription cannabinoids and medical cannabis solutions for patients suffering from chronic pain and debilitating illnesses.In June 2023, TerrAscend Corp acquired Peninsula Alternative Health. Later that month, TerrAscend Corp entered into a definitive agreement to aacquire Herbiculture Inc.In June 2023, TerrAscend Corp closed the first tranche of its concurrent private placements leading to total gross proceeds of approximately US $16 million. Later that month, the company closed the second tranche of private placements with total gross proceeds of US$20.5 million