Mr. Ziad Ghanem reports

TERRASCEND ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING

Terrascend Corp. has released the results of its annual meeting of shareholders, held on June 24, 2025. Common shareholders at the meeting affirmatively approved the following resolutions.

Craig Collard, Ira Duarte, Ed Schutter, Kara DioGuardi and Jason Wild were re-elected as directors of the company for the ensuing year, the voting results of which are detailed in an attached table.

The reappointment of MNP LLP as the auditor and independent registered public accounting firm of the company for the fiscal year ending Dec. 31, 2025, as ratified, and the board of directors of the company was authorized to fix its remuneration, as detailed in an attached table.

A resolution to modify the exercise prices of an aggregate of 3,706,250 stock options of the company held by certain insiders of the company, subject to the insider meeting a service period requirement, from their current respective exercise prices to the exercise prices set forth in the company's management information circular and proxy statement dated April 28, 2025, as approved, as detailed in an attached table.

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, Ohio and California, through Terrascend Growth Corp. and retail operations in Canada. 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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