Glass House Brands (OTCMKTS:GLASF) Trading Down 6.7% – Here’s What Happened

Glass House Brands Inc. (OTCMKTS:GLASFGet Free Report) fell 6.7% during mid-day trading on Thursday . The company traded as low as C$6.83 and last traded at C$7.01. 434,956 shares changed hands during mid-day trading, an increase of 136% from the average session volume of 184,639 shares. The stock had previously closed at C$7.51.

Glass House Brands Trading Down 6.7%

The company’s 50 day moving average price is C$7.56 and its 200 day moving average price is C$6.73.

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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