Glass House Brands (OTCMKTS:GLASF) Stock Price Up 1.6% – Time to Buy?

Glass House Brands Inc. (OTCMKTS:GLASFGet Free Report) shares traded up 1.6% during mid-day trading on Friday . The stock traded as high as C$8.21 and last traded at C$8.09. 126,455 shares were traded during mid-day trading, a decline of 33% from the average session volume of 187,789 shares. The stock had previously closed at C$7.96.

Glass House Brands Price Performance

The firm’s fifty day moving average is C$7.12 and its 200-day moving average is C$6.12.

Glass House Brands Company Profile

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Glass House Brands Inc, together with its subsidiaries, operates as an integrated cannabis company in the United States. The company operates in three segments: Retail; Wholesale Biomass; and Cannabis-Related Consumer Packaged Goods. It cultivates, manufactures, and distributes cannabis bulk flowers and trims to wholesalers; and consumer packaged goods to third-party retail stores in California.

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