April 21 (Reuters) - Terrace Global Inc TRCE.V :
* TERRACE GLOBAL PROVIDES OPERATIONAL UPDATE AND RESPONSE TO COVID-19 CRISIS
* COMPANY HAS SUSPENDED ALL NON-ESSENTIAL OPERATIONS
* TERRACE GLOBAL - CONTINUES TO EXPECT TO BREAK GROUND LATER THIS YEAR ON ITS MEDICAL CANNABIS GREENHOUSE FACILITIES IN PORTUGAL
* TERRACE GLOBAL CONFIRMS CASH ON HAND OF APPROXIMATELY $17 MILLION AT YEAR-END