In December 2018, TerrAscend was one of six new entities awarded a vertically integrated license in New Jersey. The Department received 146 timely applications submitted by 103 applicants, with several applicants submitting applications to operate Alternative Treatment Centers in multiple regions.
The New Jersey facility is on a 16-acre site, with up to 80,000 sq. ft of cultivation and 40,000 sq. ft of processing in initial phase. The retail dispensary will be located in Phillipsburg, NJ, with sales expected to begin Q4 2019.