- TerrAscend (TSX:TSND) signed an exclusive licensing agreement with Tyson 2.0, legendary boxer Mike Tyson’s cannabis brand, to launch its product portfolio in Maryland and Pennsylvania beginning in 2026
- TerrAscend is a vertically integrated cannabis company with interests across North America
- The cannabis stock has given back 45.05 per cent year-over-year and 73.48 per cent since 2020
TerrAscend (TSX:TSND), a top North American cannabis company, signed an exclusive licensing agreement with Tyson 2.0, legendary boxer Mike Tyson’s cannabis brand, to launch its product portfolio in Maryland and Pennsylvania beginning in 2026.
TerrAscend will manufacture and distribute flower, vapes and edibles in Maryland, while offering flower, vapes, concentrates and troches through its Apothecarium dispensaries and wholesale network in Pennsylvania.
The news follows TerrAscend’s standout results for Q3 2025, marked by stable revenue of US$65.1 million and free cash flow of US$4.9 million, representing its 9th consecutive quarter posting a positive figure under the metric.
Management commentary
“Cannabis changed my life and I want to share that with the world,” Mike Tyson, co-founder of Tyson 2.0, said in Tuesday’s news release. “Partnering with TerrAscend lets us reach more people and deliver products we’re proud of in Maryland and Pennsylvania.”
“Thank you, Mike, for your hard work and commitment to advancing the cannabis industry and federal reform,” added Jason Wild, executive chairman of TerrAscend. “I’ve seen firsthand that when you commit to something, you give it everything you’ve got. TerrAscend is proud to partner with Tyson 2.0 and bring that same dedication and energy to Maryland and Pennsylvania.”
About TerrAscend
TerrAscend is a vertically integrated cannabis company with interests across North America, including operations in Pennsylvania, New Jersey, Maryland, Ohio, California and Canada. The company’s owned or licensed brand portfolio includes The Apothecarium, Cookies, Lemonnade, Ilera Healthcare, Kind Tree, Legend, State Flower, Wana and Valhalla Confections.
TerrAscend stock (TSX:TSND) last traded at C$0.61. The stock has given back 45.05 per cent year-over-year and 73.48 per cent since 2020.
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