TerrAscend to acquire Union Chill.

TerrAscend, an American cannabis company, agreed to acquire Union Chill, a cannabis dispensary operator in Hunterdon County. Financial terms were not disclosed. "Union Chill is a strong performer, generating more than $11 million in annualized revenue from its location in Hunterdon County. We see a clear opportunity to enhance sales and margins by introducing our portfolio of premium brands, including Kind Tree, Legend, Valhalla, Cookies, and Wana. We are actively evaluating additional expansion opportunities in New Jersey and expect to sign multiple additional transactions by the end of 2025," Jason Wild, TerrAscend Chairman.