Glass House Brands (OTCMKTS:GLASF) Trading 2.2% Higher – Here’s Why

Glass House Brands Inc. (OTCMKTS:GLASFGet Free Report)’s share price shot up 2.2% during trading on Thursday . The stock traded as high as C$6.50 and last traded at C$6.49. 44,553 shares traded hands during mid-day trading, a decline of 64% from the average session volume of 124,844 shares. The stock had previously closed at C$6.35.

Glass House Brands Trading Up 2.2 %

The business has a fifty day moving average price of C$5.85 and a two-hundred day moving average price of C$7.49.

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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