Gage Growth Corp.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Healthcare
- Industry
- Drug Manufacturers - Specialty & Generic
- Address
- 77 King Street West Toronto ON Canada M5K 0A1
- IPO Date
- May 18, 2021
- CIK
- 0001810254
- Website
- gageusa.com
- Similar Companies
- Business
- Gage Growth Corp. (GAEGF) operates as a subsidiary of TerrAscend Corp. and provides branding and support services to affiliated licensed operators engaged in the cultivation, processing, distribution, and retail sale of medical and recreational cannabis products primarily in Michigan; its core offerings encompass premium cannabis flower strains, branded products including Gage Cannabis and partnerships such as Cookies, management consulting, human resources, financing, intellectual property licensing, and real estate support services. The company maintains vertically integrated operations with approvals for multiple Class C cultivation licenses, processing facilities, and provisioning centers (dispensaries) across locations in Michigan such as Traverse City, Lansing, Jackson, Grand Rapids, and Ann Arbor. Founded through predecessors and headquartered in Toronto, Canada, Gage Growth Corp., formerly known as Wolverine Partners Corp., targets adult-use and medical cannabis consumers in the U.S. state-legal market. Acquired by TerrAscend in March 2022 via a court-approved plan of arrangement involving the issuance of TerrAscend shares to Gage shareholders, the company most recently faces a strategic divestiture of its Michigan operations—including four cultivation and processing facilities, twenty dispensaries, and related real estate—announced by TerrAscend in June 2025, with substantial completion expected in the second half of 2025 and proceeds directed toward debt reduction. This exit reflects a shift to concentrate resources in TerrAscend's core markets outside Michigan, accompanied by a planned workforce reduction of approximately 21%.
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