Jason Wild was a pharmacist. He then launched his fund in 1998 with $80,000 of his own money. He invested in Amazon and other types of stocks, and then he bought controlling interest in in a small pharma company Arbor Pharmaceuticals. A few years later Arbor was doing $100 million in operating income. He sold a portion to KKR, and parlayed that into betting big on Cannabis, first in Canada, and then in the US by building TerrAscend (TSND.TO / TSNDF).
TerrAscend is a vertically integrated North American cannabis company with operations in Pennsylvania, New Jersey, Maryland, Michigan, and California. TerrAscend is the fastest growing MSO in its peer group.
87% of all global equities that went up 1000% or more over the past ten years were microcaps.
In this business breakdowns, Ian Cassel sits down with Jason Wild, Executive Chairman of TerrAscend (TSND.TO / TSNDF). This MicroCap Business Breakdowns discussion aired on December 6th on the MicroCapClub Community.
MicroCap Business Breakdowns (MCBB) is a monthly program where we invite leaders of unique microcap businesses to have in depth conversations with the MicroCapClub member/investor that knows the business best. In each conversation we look to drill down into the history, business, strategy, vision, and bull/bear case. The MicroCapClub community can tune in live and ask questions. We publicize each episode 2-4 weeks after the live discussion. Not part of the MicroCapClub community? Join Us.
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