John SchroyerNovember 15, 2023
CEO Kyle Kazan predicts that federal rescheduling will happen within the next year.
Tag: Glass House
John SchroyerNovember 15, 2023John SchroyerMay 30, 2023
Many companies dealt with significant one-time writedowns in 2022.
StaffSeptember 15, 2022
The Daily Hit is a recap of cannabis business news for Sept. 15, 2022. ON THE SITE Schwazze To Snap Up Two Colorado Lightshade Dispensaries Schwazze (OTCQX: SHWZ) (NEO:SHWZ) has agreed to acquire Lightshadeâs adult-use dispensaries in the Denver area: one in Aurora and the other in Denverâs Washington Park neighborhood. The acquisition continues the multistate operatorâs aggressive expansion in […]
Debra BorchardtAugust 11, 2022
Glass House Brands Inc. (OTCQX: GLASF and GHBWF) reported financial results for its second quarter ending June 30, 2022, with sales falling by 12% to $16.5 million from $18.7 million for the same time period in 2021. On a positive note, sales increased 18% sequentially from $14.0 million in the first quarter. the loss from […]
Kaitlin DomangueNovember 5, 2021California-based, vertically integrated Glass House Brands Inc. (NEO: GLAS.A.U) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF) announced its subsidiary, GH Group Inc., has filed a lawsuit against Element 7 CA, LLC (E7), a California dispensary with multiple locations across the state, and its principals Josh Black and Robert âBobbyâ DiVito. The claim was filed at the […]
StaffAugust 17, 2021After the market closed on Monday, Glass House Brands Inc. (OTC: GLASF) (OTC: GHBWF)reported financial results for its second quarter ending June 30, 2021. Glass House‘s revenue increased 62% for the quarter to $18.7 million from last year’s $11.6 million. Glass House said the increase in revenue was primarily due to an increase in cannabis […]
Debra BorchardtJuly 2, 2021Glass House Brands Inc. (NEO: GLAS.A.U ) has called off its previously announced conditional agreement to accept a $50 million strategic investment from The Parent Company, whose official name is TPCO Holding Corp (OTC: GRAMF). Glass House said that it was a mutual agreement and that the Strategic Investment will not be completed at this time. Glass […]
Debra BorchardtJune 30, 2021The Mercer Park brand SPAC will begin trading next week on July 5 on the NEO exchange in Canada under the name GH Group, Inc. or Glass House Brands. The subordinate, restricted, and limited voting shares and warrants of Glass House were approved for listing on the NEO Exchange under the symbols “GLAS.A.U” and “GLAS.WT.U”, […]
StaffApril 8, 2021Mercer Park Brand Acquisition Corp. (OTCQX: MRCQF), a Special Purpose Acquisition Company (SPAC), just announced its agreement to acquire Glass House Group, a vertically integrated California operator, for $567M USD. The deal has a $1.024B equity valuation and a $691M approximate enterprise valuation, and with plans for a whopping 6M sqft greenhouse and 21 retail […]
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