TerrAscend Recruits This Retail Veteran As New CFO To Support Next Phase Of Growth

TerrAscend Corp. (TSX: TSND) (OTCQX: TSNDF) has appointed Eric Jackson to lead its finance department.

What Happened

Jackson joins the company as a professional with more than two decades of experience across the retail, consumer, and manufacturing sectors.

Most recently, he served as CFO at American Signature Inc., where he oversaw a broad range of functions including finance, IT, analytics, and supply chain. Before that, he spent more than ten years at L Brands, working across major brands like Victoria’s Secret and Bath & Body Works.

The appointment is effective April 27, 2026.

Why It Matters

Jackson’s CFO appointment strengthens the company’s leadership team as it continues to expand across North America.

Jackson’s focus will be on enhancing financial performance, improving operating leverage, and driving long-term shareholder value.

Ziad Ghanem, president and CEO of TerrAscend, welcomed the new CFO.

“Eric brings a proven track record of financial and operational leadership across complex, competitive retail and consumer businesses,” Ghanem said. “His expertise in driving efficiency, expanding margins, and navigating dynamic operating environments will be invaluable as we continue to scale and execute on our strategy.”

TerrAscend’s appointment of a seasoned CFO from large-scale retail points signals a transition from growth-at-all-costs to disciplined scaling.

The North American cannabis vertically integrated operator focuses on cultivation, manufacturing, and retail, running business across Pennsylvania, New Jersey, Maryland, and California, with retail exposure in Canada and Ohio.

Founded in 2017 in Canada as a licensed producer, it shifted its focus in 2018 to higher-growth state markets via acquisitions of dispensaries and cultivation assets.

Full-year 2025 earnings results reported in March revealed a 2.8% year-over-year decrease to $260.6 million, gross margin of roughly 52%, and the 10th consecutive quarter of positive free cash flow.

TSNDF Price Action

TerrAscend shares traded 0.15% lower at $0.66 per share at the time of writing on Friday.