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Glass House Brands Closes Acquisition Of Two Cannabis Dispensaries
Wednesday, September 7, 2022 - 10:32am | 613Glass House Brands Inc. (OTCQX: GLASF) (OTCQX: GHBWF) (NEO:GLAS.A.U) (NEO:GLAS.WT.U) obtained all local regulatory approvals for the acquisition of the Natural Healing Center ("NHC") dispensaries located in Grover Beach and Lemoore, California, and the transactions have officially closed...
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Glass House Brands Raises $14.7M In Initial Tranche Of Private Placement Offering
Thursday, September 1, 2022 - 10:00am | 975Glass House Brands Inc. (OTCQX: GLASF) (OTCQX: GHBWF) (NEO:GLAS.A.U) (NEO:GLAS.WT.U) closed the first tranche of the non-brokered private placement of series B preferred stock, at face value of $1,000 per share of GH Group, Inc., a subsidiary of the company. The initial closing of the offering...
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Glass House Brands Partners With Seed Junky Genetics To Expand Its Cannabis Offerings
Wednesday, August 24, 2022 - 10:31am | 517Glass House Brands, Inc., (OTCQX: GLASF) (OTCQX: GHBWF) (NEO:GLAS.A.U) (NEO:GLAS.WT.U) entered into partnership with Seed Junky Genetics. Under the terms of the partnership, Seed Junky will partner with Glass House to breed and select strains that will be exclusively made available in Glass House...
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Glass House Brands Acquires Remaining Equity Ownership In The Pottery Cannabis Dispensary
Friday, July 29, 2022 - 9:02am | 388Glass House Brands Inc. (OTCQX: GLASF) (OTCQX: GHBWF) (NEO:GLAS.A.U) (NEO:GLAS.WT.U) has acquired the remaining equity ownership interest of The Pottery Inc. Glass House previously owned 50% of the dispensary business, located at 5042-5044, 5048-5052 and 5054-5058 Venice Boulevard, Los Angeles,...
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Glass House Brands Completes Acquisition Of PLUS Cannabis Edibles Brand For $25.6M
Friday, April 29, 2022 - 9:43am | 427Glass House Brands Inc. (OTCQX: GLASF) (OTCQX: GHBWF) (NEO:GLAS.A.U) (NEO:GLAS.WT.U) and Plus Products Inc. announced that Glass House has completed the acquisition of the business of PLUS. The company acquired PLUS for approximately $25.6 million through a combination of unsecured convertible debt...
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Glass House Full Year Revenue Grows 44% To $69.4M, Adjusted EBITDA Loss Reaches $11.8M
Thursday, March 17, 2022 - 8:36am | 393Vertically integrated cannabis company Glass House Brands Inc. (NEO: GLAS.A.U) (GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF) reported unaudited financial results for its fourth quarter and year ending December 31, 2021, with quarterly net sales of $18.4 million, up by 7% from the previous quarter....
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Glass House Receives Licenses To Operate SoCal Cannabis Greenhouse Facility
Monday, March 14, 2022 - 2:19pm | 369Glass House Brands Inc. (OTCQX: GHBWF) (NEO:GLAS.A.U) (NEO:GLAS.WT.U) (OTCQX: GLASF) has received California state cannabis licenses, as well as a cannabis business license from Ventura County, for the phase-one retrofit of the company's 5.5 million square foot greenhouse located in...
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Plus Products Seeks Sanction Order To Complete Transaction With Glass House Cannabis Brands
Friday, January 21, 2022 - 1:15pm | 572Cannabis and hemp branded products company Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) is seeking a sanction order to complete its previously announced transaction with Glass House Brands (NEO: GLAS.A.U) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF). What Happened On Thursday, the ...
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Glass House Brands To Acquire California Cannabis Edibles Manufacturer For $25.6M
Monday, December 20, 2021 - 11:12am | 624Vertically-integrated cannabis company Glass House Brands Inc. (NEO: GLAS.A.U) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF) is acquiring California-based cannabis edibles company Plus Products Inc. The Deal Details The Long Beach-based company agreed to buy Plus Products for roughly $25.6 million...
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Glass House Brand Lands $100M Term Loan For Construction Of California Cannabis Grow Facility
Monday, December 13, 2021 - 12:01pm | 572Vertically-integrated cannabis company Glass House Brands Inc. (NEO: GLAS.A.U) (NEO GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF) is looking to raise up to $100 million through a senior secured term loan agreement with a U.S.-based private credit investment fund. The company said that the...
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Cannabis Movers & Shakers: MediPharm Labs, Kannaway, Affinor Growers, The Weldon Project
Wednesday, December 8, 2021 - 12:10pm | 1154MediPharm Labs Announces Board Shake-Up CBD-focused pharmaceutical company MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) announced changes to its board of directors Tuesday. The company, based in Barrie, Ontario, revealed that Pat McCutcheon, Warren Everitt and Keith...
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Cash From Cannabis Companies Support Charities And Help Groups Free Pot Prisoners
Tuesday, December 7, 2021 - 1:41pm | 471Cannabis companies Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) and Glass House Brands Inc. (NEO: GLAS.A.U) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF) have joined a long list of cannabis companies that are sharing their profits with relevant charities and non-profits. On Monday, Glass...
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Cannabis Earnings: Glass House Brands Reports Third Quarter 2021 Financial Results
Thursday, November 11, 2021 - 7:36pm | 529Glass House Brands Inc. (NEO: GLAS.A.U) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTC: GHBWF), a vertically integrated cannabis company, reported its financial results Thursday afternoon for the third-quarter ending September 30, 2021. Third Quarter 2021 Highlights Net Sales increased 29% to $17....
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Glass House Brands Closes $93M Acquisition Of Huge Southern California Greenhouse Facility
Wednesday, September 15, 2021 - 8:35am | 499Vertically integrated cannabis company Glass House Brands Inc. (NEOGLAS.A.U) (NEO: GLAS.WT.U) (OTCQX: GHBWF) said Wednesday that its subsidiary has wrapped up the previously announced acquisition of a roughly 5.5 million square foot greenhouse facility in Southern California. Deal Details Under the...
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Cannabis Movers & Shakers: Creo, Harvest Health & Recreation, Glass House, Flora Growth, Anebulo, Cannformatics, Republic Brands
Friday, August 13, 2021 - 3:09pm | 1208Creo Taps Graeme Kenny To Serve As New CRO Cannabinoid ingredient company Creo has appointed Graeme Kenny as its new chief revenue officer. With over two decades of experience working for Croda International Plc, Kenny will lead commercial rollout in the category of cannabinoid ingredients. Kenny...