TerrAscend Corp.

Businessfiled

TerrAscend Corp. operates in Other, based in MISSISSAUGA.

Sector still resolves to a broad 'Other' bucket, so operating comparables below are weaker than for a tightly-classified peer.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

TerrAscend Corp. has raised $135M in disclosed capital across 9 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).

Largest single filing: $38M on 2019-06-06.

Most recent recorded round closed around 2020-05-22.

Valuation (modeled)modeled

Provath models TerrAscend Corp. at approximately $357M (range $54M–$1.4B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 1.19× the median modeled value of Series B Other companies in 2019–2021 (371 peers) — value vs value, same stage and era. Within the normal band (119% of peer median) for its niche.

Financing rhythm & timingmixed

Historic cadence: a new round about every 1 months.

Last raise 6.1 yr ago; this sector typically re-raises about every 11 months.

Silent for over 3× the sector's normal cadence.

The last round was 1.1× smaller than the prior — a bridge or down round.

Comparablesmixed

Capital scale ranks ahead of 97% of Other peers (25015 compared).

Modeled value ranks above 92% of those peers.

Closest niche peers: MStar Holding Corp, Chlorum Solutions Llc, IFS Management Holdco, LLC, Benefit Recovery Group, LLC, Shenandoah Growers, Inc..

Peoplefiled

15 named people on file across officers, directors and signatories.

Risks & flagsmixed

Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.

Broad sector classification weakens peer comparison.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.