TerrAscend

Chief Financial Officer

Remote

Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Cannabis, RetailIndustries

Chief Financial Officer (CFO)

Employment Type: Full-Time

Position Overview

At TerrAscend, we’re on a mission to elevate the lives of our patients and customers. We cultivate exceptional marijuana therapies for patients and high-quality products for legalized adult recreational use. As one of North America's largest and fastest-growing multi-state, vertically integrated cannabis operators, we’re at the forefront of innovation and excellence. Together we grow, shaping the future of cannabis. Join us on this exciting journey and be part of something extraordinary!

As a key member of the Executive Leadership Team, the Chief Financial Officer (CFO) at TerrAscend will serve as a strategic advisor and financial steward of the organization. Reporting directly to the President & CEO, the CFO is responsible for leading the company’s financial strategy, operational planning, and compliance within the unique landscape of the regulated cannabis industry. This role will shape financial policy, drive growth initiatives, and ensure disciplined execution and risk management across all finance-related activities.

Responsibilities:

Strategic Financial Leadership

  • Partner with the CEO, Board, and Executive Team to develop and execute long-term financial strategy aligned with business goals.
  • Provide financial guidance on business expansion, operational efficiencies, capital allocation, and corporate development (M&A).

Financial Planning & Analysis

  • Oversee budgeting, forecasting, cost modeling, and financial reporting.
  • Translate financial insights into strategic recommendations to support informed decision-making at all levels.

Investor Relations & Capital Management

  • Lead all investor relations and capital-raising efforts (equity, debt, strategic partnerships).
  • Maintain relationships with banks, auditors, advisors, and financial institutions to support liquidity and funding needs.

Regulatory Compliance & Risk

  • Ensure compliance with cannabis industry financial regulations, including Section 280E, tax reporting, and limited access to traditional banking.
  • Implement and maintain strong internal controls, risk management systems, and financial compliance frameworks.

Operational Finance Leadership

  • Manage all core financial functions including accounting, FP&A, treasury, tax, and procurement.
  • Oversee monthly, quarterly, and annual reporting, including GAAP compliance and audit readiness.
  • Optimize and modernize financial systems, processes, and reporting infrastructure.

Mergers, Acquisitions & Corporate Development

  • Lead financial due diligence, valuation modeling, and integration planning for M&A and strategic partnerships.

Team Development

  • Lead, mentor, and scale a high-performing Finance and Accounting team across multiple regions and business units.
  • Drive a culture of accountability, collaboration, and continuous improvement.

Experience & Requirements:

  • 15+ years of progressive financial leadership experience, ideally within cannabis, consumer packaged goods (CPG), life sciences, or other high-growth industries.

Benefits:

All benefits-eligible employees are provided with the following benefits:

  • Employee Discount (all employees eligible)
  • Paid-Time-Off (varies by State, please ask your Recruiter for more info)
  • Health, vision, and dental insurance
  • 98Point6 (remote primary care)
  • 401k with 4% matching (100% vested immediately)
  • Employee Assistance Program
  • Paid Parental Leave
  • Life Insurance
  • Short & Long Term Disability
  • Flexible Spending Account
  • Wellness Program

Company Information:

At TerrAscend, we believe that how we work together truly matters. Our employees are passionate about what we do and how and why we do it. TerrAscend’s most successful team members understand that serving our patients, customers, and each other is what excels our growth. To keep thriving, we continue to bring together the brightest minds in business with best-in-class cultivation and outstanding patient and customer experiences. This is how we continue to set the industry standard.

Salary: [Not Specified] Location Type: [Not Specified]

Skills

Financial Strategy
Operational Planning
Compliance
Financial Policy
Growth Initiatives
Risk Management
Financial Reporting
Budgeting
Forecasting
Cannabis Industry Regulations

TerrAscend

Produces and sells cannabis products and services

About TerrAscend

TerrAscend specializes in producing and selling cannabis products for both medicinal and recreational use. The company grows cannabis plants and processes them into various forms, including dried flower, oils, and edibles, which are then sold through their own retail brands and other distribution channels. Unlike many competitors, TerrAscend has a comprehensive business model that includes cultivation, processing, manufacturing, and retail, allowing them to control the quality of their products from start to finish. Their goal is to provide high-quality cannabis offerings while ensuring compliance with safety and efficacy standards, and they aim to expand their market presence through strategic acquisitions and innovation.

Ontario, CaliforniaHeadquarters
2017Year Founded
$19.9MTotal Funding
IPOCompany Stage
Food & Agriculture, BiotechnologyIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Unlimited Paid Time Off
401(k) Retirement Plan
401(k) Company Match
Employee Assistance Program
Paid Parental Leave
Short & Long Term Disability
Flexible Spending Account
Wellness Program
Employee Discount
Paid Vacation

Risks

High competition in Ohio may impact TerrAscend's profitability.
The 12.75% interest rate on debt financing could strain financial resources.
Reliance on promotions like 'Green Wednesday' may indicate inconsistent revenue streams.

Differentiation

TerrAscend is a vertically-integrated cannabis company with a global presence.
The company focuses on both medicinal and recreational cannabis products and services.
TerrAscend's strategic acquisitions enhance its growth and market presence.

Upsides

TerrAscend's entry into Ohio expands its footprint to six states.
The $140M financing strengthens TerrAscend's financial position for future growth.
Innovative product offerings like Legend mini pre-rolls boost brand visibility.

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