Connect with us

Hi, what are you looking for?

Saturday, Apr 19, 2025
Mugglehead Investment Magazine
Alternative investment news based in Vancouver, B.C.
TerrAscend completes acquisition of Pinnacle
TerrAscend completes acquisition of Pinnacle
Photo via TerrAscend

Business

TerrAscend expands leadership team

The new VPs will oversee marketing, sales, finance and strategy

North American cannabis operator TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) is expanding its leadership, hiring three senior vice presidents to oversee marketing, sales, finance and strategy.

On Thursday, the company said it’s appointing Charishma Kothari as SVP of marketing, Jared Anderson as SVP of finance strategy and Charles Oster as SVP of sales.

Kothari will oversee marketing and product development strategy for Gage Growth Corp. (CSE: GAGE) (OTCQX: GAEGF), which the firm acquired in September. She has more than 15 years of international experience managing business-to-business and business-to-consumer product marketing for pharmaceutical and consumer-packaged-goods companies, including Sanofi and Essity Professional Hygiene.

Read more: Q3 sales slow for TerrAscend

Read more: TerrAscend reports record Q4 sales, drops CEO

Oster will work closely with Kothari and oversee sales activities. He has 20 years of experience in sales including cannabis, consumer goods and technology. Previously, he oversaw international sales at Tilray Brands, Inc. (TSX: TLRY) (Nasdaq: TLRY).

Anderson will focus on finance, accounting and strategic planning. He used to work as a senior director at Canopy Growth Corp. (TSX: WEED) (Nasdaq: CGC), where he led U.S. finance, as well as commercial strategy and planning. Before Canopy, Anderson worked as a strategy consultant for professional services company Accenture.

Executive chairman Jason Wild says the new hires have unique and differentiated backgrounds that are indispensable for the company’s next phase of growth.

“On behalf of our team, I’d like to welcome Charishma, Charles, and Jared to TerrAscend and look forward to collaborating with them as we broaden our product offerings, expand our selling capabilities, and effectively plan for and manage our business,” Wild said in a statement.

In March 2021, former CEO Jason Ackerman stepped down. TerrAscend has yet to find a replacement.

 

Follow Mugglehead on Twitter

Like Mugglehead on Facebook

Follow Natalia Buendia Calvillo on Twitter

natalia@mugglehead.com

 

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Bitcoin

Colocation is a service where companies rent space in third-party data centers to house their servers and equipment

AI and Autonomy

The dispute arose when Kpler failed to meet certain obligations, leading Spire to file a lawsuit in early 2025

Health & Wellness

MASH is a more severe form of metabolic dysfunction-associated steatotic liver disease formerly known as non-alcoholic fatty liver disease

Bitcoin

Bit Digital has ordered 58 Nvidia B200 servers for approximately USD$21 million