Mr. B.J. Carreta reports

VALHALLA'S INNOVATIVE EXTRA STRENGTH TROCHES SET TO HIT DISPENSARY SHELVES THROUGHOUT PENNSYLVANIA

Terrascend Corp. has expanded its Valhalla product offering to include one of the first 100-milligram edibles in the Keystone State. Valhalla's 100 mg quick-acting, high-potency troches will land on store shelves on Feb. 2. The Valhalla extrastrength troches will be available at all Apothecarium locations and additional dispensaries throughout Pennsylvania.

The innovative Valhalla troches first debuted in Pennsylvania last fall, quickly becoming a patient favourite. Currently available in five mg, 10 mg and 50 mg of THC flavour-forward varieties, including blue raspberry (indica), orange (sativa), and watermelon (hybrid), Valhalla troches are supplied in convenient, resealable packaging optimal for patients on the go. The new 100 mg troches will be available in grape (indica), pineapple (sativa) and green apple (hybrid).

"We are thrilled to launch Valhalla high-dose troches into the Pennsylvania market," said B.J. Carreta, Terrascend's senior vice-president of marketing. "Patients' expectations are rising, and we are excited to expand our offering of high-quality and innovative cannabis products in this important state."

About Terrascend Corp.

Terrascend is a leading Toronto Stock Exchange-listed cannabis company with interests across the North American cannabis sector, including vertically integrated operations in Pennsylvania, New Jersey, Maryland, Michigan and California through Terrascend Growth Corp. and retail operations in Canada through Terrascend Canada Inc. Terrascend operates The Apothecarium, Gage and other dispensary retail locations as well as scaled cultivation, processing and manufacturing facilities in its core markets. Terrascend's cultivation and manufacturing practices yield consistent, high-quality cannabis, providing industry-leading product selection to both the medical and legal adult-use markets. The company owns or licenses several synergistic businesses and brands including Gage Cannabis, The Apothecarium, Cookies, Lemonnade, Ilera Healthcare, Kind Tree, Legend, State Flower, Wana and Valhalla Confections.

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