Chief Financial Officer

Job description

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!

It’s a Joint Effort

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.

Sound like weed be a good fit? Here’s where you come in.

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.

All benefits-eligible employees are provided 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

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 highly regulated industries.
• Deep understanding of Section 280E, tax structures, and banking limitations affecting cannabis operations.
• Proven success in capital markets, investor relations, and navigating high-growth or IPO-ready environments.
• Strong grasp of GAAP accounting, financial modeling, controls, and audit processes.
• Track record of leading cross-functional teams, scaling systems, and driving measurable financial results.
• Executive presence and exceptional communication skills, with experience presenting to Boards and external stakeholders.
• High integrity, sound judgment, and ability to operate with discretion and confidentiality in a dynamic industry.
• Proficiency with financial systems and ERP platforms; NetSuite or similar system experience preferred.

$300,000 - $450,000 a year

This role offers a competitive base salary, commensurate with experience, along with annual performance-based bonus eligibility and participation in the company’s long-term incentive plan, including stock options. Additional benefits and executive-level perks are also included as part of the total rewards package.

\*\*\* Background Check Requirement ***

As a condition of employment, a complete background investigation will be conducted based on the rules of the specific State in which the employee is hired. Typically, the state investigative process includes a state and federal background check.

EEO Statement

At TerrAscend, employees and applicants are evaluated based on their qualifications, skills, and ability to perform the duties and responsibilities of the position. TerrAscend is committed to assuring equal employment opportunities to all employees and applicants.

TerrAscend is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination based on race, color, religion, creed, gender, pregnancy or related medical conditions, age, national origin or ancestry, physical or mental disability, genetic information, sexual orientation, to include gay, lesbian, bisexual, transgender and gender identity, or any other consideration protected by federal, state or local laws. Our commitment to equal opportunity employment applies to all persons involved in our operations and prohibits unlawful discrimination by any employee, including supervisors and coworkers.

Disclaimer

This job description is not an employment agreement or contract. Management has the exclusive right to alter this job description at any time without notice. The list of job responsibilities, skills, duties, requirements, and the like is not exhaustive, rather it is illustrative of the current essential functions required for the position.

This organization participates in E-Verify.

This employer participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. If E-Verify cannot confirm that you are authorized to work, this employer is required to give you written instructions and an opportunity to contact Department of Homeland Security (DHS) or Social Security Administration (SSA) so you can begin to resolve the issue before the employer can take any action against you, including terminating your employment. Employers can only use E-Verify once you have accepted a job offer and completed the Form I-9. E-Verify Works for Everyone For more information on E-Verify, or if you believe that your employer has violated its E-Verify responsibilities, please contact DHS.

Esta Organización Participa en E-Verify.

Este empleador participa en E-Verify y proporcionará al gobierno federal la información de su Formulario I-9 para confirmar que usted está autorizado para trabajar en los EE.UU.. Si E-Verify no puede confirmar que usted está autorizado para trabajar, este empleador está requerido a darle instrucciones por escrito y una oportunidad de contactar al Departamento de Seguridad Nacional (DHS) o a la Administración del Seguro Social (SSA) para que pueda empezar a resolver el problema antes de que el empleador pueda tomar cualquier acción en su contra, incluyendo la terminación de su empleo. Los empleadores sólo pueden utilizar E-Verify una vez que usted haya aceptado una oferta de trabajo y completado el Formulario I-9. Para más información sobre E-Verify, o si usted cree que su empleador ha violado sus responsabilidades de E-Verify, por favor contacte a DHS.

Statement on External Recruiting Agencies

TerrAscend and all affiliates do not accept blind resume submissions from external recruiting agencies. No fee will be paid to agencies who submit candidates without being under contract for an active search with TerrAscend.