New Risk • Jul 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable next year (US$8.2m net loss next year). Share price has been volatile over the past 3 months (11% average weekly change). Price Target Changed • Jul 01
Price target increased by 56% to US$16.00 Up from US$10.25, the current price target is an average from 2 analysts. New target price is 23% above last closing price of US$13.00. Stock is up 89% over the past year. The company posted a net loss per share of US$0.55 last year. Live News • Jun 26
Glass House Brands Approved to Join NYSE Following Schedule III Cannabis Shift Glass House Brands said its subordinate voting shares have been approved for listing on the New York Stock Exchange, with trading expected to begin on June 30, 2026, following the recent reclassification of medical cannabis to Schedule III.
Management is tying the uplist to a period of regulatory change for medical cannabis, which could broaden institutional access and improve liquidity compared with trading on over-the-counter markets.
The stock last traded at $12.74, with the share price up 42.0% year to date, highlighting how the market has already been reacting to recent developments around Glass House Brands.
This uplist gives Glass House Brands a chance to tap a wider pool of capital and potentially lower its cost of financing, but it also brings tighter listing standards and disclosure requirements that investors should watch closely over the next few quarters. Announcement • May 15
Glass House Brands Inc. Reiterates Production and Revenue Guidance Full Year 2026 Glass House Brands Inc. reiterated production and revenue guidance for the full year 2026. The company expects wholesale cannabis biomass production forecast of approximately 1,000,000 pounds and $95 per pound annual production cost target.
The company anticipates strong revenue growth in 2026, with revenue increasing progressively during the course of the year. Announcement • May 08
Glass House Brands Submits Applications to Register Certain California-Licensed Medical Cannabis Operations with U.S. Drug Enforcement Administration Glass House Brands Inc. had submitted applications to register certain California-licensed medical cannabis operations with the U.S. Drug Enforcement Administration (DEA) pursuant to the expedited registration pathway established by the recent rescheduling of medical cannabis to Schedule III under the Controlled Substances Act. In connection with the Schedule III reclassification of medical cannabis, the DEA established an expedited registration process for eligible state-licensed medical marijuana operators. Medical cannabis dispensaries that register with the DEA during the 60-day window may operate under Schedule III while the DEA processes those applications. Announcement • Apr 30
Glass House Brands Inc. Provides Earnings and Production Guidance for the First Quarter Ended March 31, 2026 and Reiterates Earnings and Production Guidance for Full Year 2026 Glass House Brands Inc. provided earnings and production guidance for the first quarter ended March 31, 2026 and reiterated earnings and production guidance for full year 2026. For the quarter, the company expects Net Revenues of $40 million, ahead of guidance of $39 million and compared to $39 million in the fourth quarter of 2025 and $45 million in the first quarter of 2025 and Biomass Production of 151,000 lbs., ahead of guidance of 138,000 lbs.
For the full year, the company expects net revenues to be between $235 million and $245 million, in line with prior guidance and Biomass Production of approximately 1,000,000 lbs., in line with prior guidance. Announcement • Apr 29
Glass House Brands Inc. to Report Q1, 2026 Results on May 13, 2026 Glass House Brands Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on May 13, 2026 Announcement • Apr 14
Glass House Brands Inc., Annual General Meeting, Jun 18, 2026 Glass House Brands Inc., Annual General Meeting, Jun 18, 2026. Announcement • Mar 20
Glass House Brands Inc. to Report Q4, 2025 Results on Mar 24, 2026 Glass House Brands Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Mar 24, 2026 Announcement • Feb 25
Glass House Brands Inc. Announces the Establishment of A Special Committee of Its Board of Directors Glass House Brands Inc. announced the establishment of a Special Committee of its Board of Directors to oversee new products and business expansion beyond the Company’s legacy California cannabis business and to evaluate ongoing and future partnership opportunities with traditional industry participants. The Special Committee consists of Board members Kyle Kazan, Co-Founder, Chairman and CEO of Glass House, Graham Farrar, Co-Founder and President, Co-Founder Joceyln Rosenwald; and Independent Directors Jay Nichols and Alison Payne. Mr. Nichols has been appointed Chairman of the Special Committee. He has over four decades of experience in corporate strategy and operations, having most recently served as Chairman of the Board and Interim CEO of Protective Insurance Company, and prior to that as CEO of Axis Reinsurance Ltd.Ms. Payne is an expert in branding and marketing, with extensive experience in driving brand growth across multiple categories including beer, spirits, snacks and breakfast foods in the US and Europe. She also currently serves as the Chief Marketing Officer of Heineken, USA. Announcement • Jan 29
Glass House Brands Inc. Announces Appointment of Alison Payne to Board of Directors, Effective January 27, 2026 Glass House Brands Inc. announced the appointment of Alison Payne, a seasoned branding and marketing leader, to its Board of Directors effective January 27, 2026. Ms. Payne fills the vacant seat on the Company’s Board vacated by the passing of long-term Board Member George Raveling in September 2025. Ms. Payne is an expert in branding and marketing, with extensive experience in driving brand growth across multiple categories including beer, spirits, snacks and breakfast foods in the US and Europe. She currently serves as the Chief Marketing Officer of Heineken, USA. During her career she held senior roles at PepsiCo, Kellogg Company, and Diageo. She received her BA in Commerce with a major in Marketing from The University of New South Wales and an MBA in Marketing & Strategy from The London Business School. Announcement • Oct 30
Glass House Brands Inc. to Report Q3, 2025 Results on Nov 12, 2025 Glass House Brands Inc. announced that they will report Q3, 2025 results After-Market on Nov 12, 2025 Announcement • Sep 03
Glass House Brands Inc Announces the Passing of Board Member George Raveling Glass House Brands Inc. announced with great sadness the passing of Mr. George Raveling, a valued member of the Company’s Board of Directors and the Glass House family. Mr. Raveling joined the Board in 2021 when the company went public, bringing with him extensive experience in marketing and corporate governance. As an inductee of the Naismith Basketball Hall of Fame and the College Basketball Hall of Fame for his coaching career accomplishments and having been Nike’s Director of International Basketball, Mr. Raveling brought immeasurable leadership to the Board, providing invaluable insight, integrity, and thoughtful oversight during a critical period of growth and development for the Company. Announcement • Aug 06
Glass House Brands Inc. to Report Q2, 2025 Results on Aug 13, 2025 Glass House Brands Inc. announced that they will report Q2, 2025 results After-Market on Aug 13, 2025 Announcement • Apr 29
Glass House Brands Inc. to Report Q1, 2025 Results on May 13, 2025 Glass House Brands Inc. announced that they will report Q1, 2025 results After-Market on May 13, 2025 Announcement • Apr 07
Glass House Brands Inc., Annual General Meeting, Jun 20, 2025 Glass House Brands Inc., Annual General Meeting, Jun 20, 2025. Announcement • Mar 26
Glass House Brands Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2025 Glass House Brands Inc. provided earnings guidance for the first quarter and full year of 2025. For the quarter, the company expects revenue to be between $42 million to $44 million, an increase of 43% year-over-year at the mid-point of guidance. Anticipated growth year-over-year reflects a meaningful increase across all business segments but led by wholesale biomass.
For the full year 2025 revenue to be between $220 million and $230 million, an increase of 12% year-over-year at the mid-point of guidance. Anticipated growth year-over-year reflects meaningful increase across business segments and led by wholesale biomass. The company expects consolidated gross profit margin to be approximately 48%, versus 48.5% last year. Gross profit margin comparison stems from lower average sales prices being partially offset by reduced cost of production. Announcement • Mar 11
Glass House Brands Inc. to Report Q4, 2024 Results on Mar 25, 2025 Glass House Brands Inc. announced that they will report Q4, 2024 results After-Market on Mar 25, 2025 Announcement • Feb 12
Glass House Brands Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2024 Glass House Brands Inc. provided earnings guidance for the fourth quarter and full year 2024. For the fourth quarter of 2024, the company expected total revenue to be between $52 to $54 million versus previous guidance of $47 million to $49 million. This would represent growth of 31% YoY at the midpoint of updated guidance as the company is projected growth will exceed 20% for all three business segments (Wholesale, Retail and CPG). The company projected average selling price will exceed $215 per pound for wholesale biomass business, compared to previous guidance of $195 to $200 per pound and to $229 per pound in third quarter.
The company expected that revenue will be a record high $200 to $202 million, up 25% year-over-year versus the midpoint of updated guidance and representing a compound average annual growth rate of 47% since 2021. The company projected the full year average selling price for wholesale biomass to exceed $243 per pound, versus $312 per pound in 2023. Announcement • Nov 15
Glass House Brands Inc. has filed a Follow-on Equity Offering. Glass House Brands Inc. has filed a Follow-on Equity Offering.
Security Name: Subordinate Voting Shares
Security Type: Common Stock
Transaction Features: At the Market Offering Announcement • Nov 14
Glass House Brands Inc. Provides Earnings Guidance for the Fourth Quarter and Production Guidance for the Fourth Quarter and Full Year 2024 Glass House Brands Inc. Provided Earnings Guidance for the Fourth Quarter and Production Guidance for the Fourth Quarter and Full Year 2024. The company expects fourth-quarter revenue of $47 million to $49 million, an increase of 19% year-over-year at the mid-point of guidance.
The company anticipated fourth quarter biomass production of 160,000 pounds to 165,000 pounds, representing 57% year-over-year growth at the mid-point of guidance.
This guidance, when added to actual results through the third quarter, implies full year 2024 production of about 605,000 pounds which is 25,000 pounds higher than the mid-point of our prior guidance of 580,000 pounds. Announcement • Oct 30
Glass House Brands Inc. to Report Q3, 2024 Results on Nov 13, 2024 Glass House Brands Inc. announced that they will report Q3, 2024 results After-Market on Nov 13, 2024 Announcement • Jul 31
Glass House Brands Inc. to Report Q2, 2024 Results on Aug 13, 2024 Glass House Brands Inc. announced that they will report Q2, 2024 results After-Market on Aug 13, 2024 Announcement • Jul 22
Glass House Brands Inc. Announces Court Dismissal of Catalyst Lawsuit Glass House Brands Inc. announced that a civil complaint against the company has been dismissed with prejudice and judgment has been entered in the company’s favor. On June 25, 2024, the Superior Court of California (Los Angeles County) dismissed a lawsuit (Case 23LBCV01025) filed by 562 Discount Med Inc. (doing business as Catalyst Cannabis Co.) against Glass House for unfair competition. The Court granted Glass House’s motion for judgment on the pleadings with prejudice, finding that a requested injunction to halt the alleged illegal sales would assume the functions of an administrative agency, or to interfere with the functions of an administrative agency, and the enforcement of any injunction would be overly burdensome. On July 15, 2024, the Court entered a judgment in Glass House’s favor, awarding costs against the plaintiff and concluding the case. In an earlier press release dated May 20, 2024, Glass House announced it was voluntarily dismissing without prejudice its defamation lawsuit against Catalyst Cannabis Co., citing serious concerns about Catalyst’s financial viability, which could render a judgment worthless, and harassment threats by Catalyst to Glass House’s customers, and its customers’ customers. Announcement • Jul 16
Glass House Brands Inc. Welcomes Hector De La Torre to its Board of Directors Glass House Brands Inc. announced the reappointment of Hector De La Torre to the Company's Board of Directors. Mr. De La Torre previously served as an original member of the Board until 2023, when he stepped down due to time restraints connected to other commitments. Hector De La Torre is a veteran public servant with significant government and nonprofit experience. He is currently a member of the board and former two-term chair at LA Care (the largest public nonprofit health plan in the United States), a trustee and co-chair of the Obama Scholars Advisory Council at his alma mater Occidental College in Los Angeles, and an Assembly appointee member of the California Air Resources Board. De La Torre served in the California State Assembly from 2004 to 2010, representing the largely Latino 50th District in southeast LA County. He chaired the Budget Subcommittee on Health and Human Services, the Rules Committee and helped create and chair the Accountability and Administrative Review Committee during his tenure. De La Torre was recently the Executive Director of the nonprofit Gasol Foundation focused on children's wellness, and the national non-profit Transamerica Center for Health Studies. Prior to his service in the Assembly, he served as Mayor and as a member of the South Gate City Council, Judicial Administrator in the LA Superior Court, chief of staff to the Deputy Secretary of Labor in the Clinton Administration, and a teacher at Edison Junior High in south LA. De La Torre received his Bachelor's Degree in Diplomacy and World Affairs from Occidental College and attended the Elliot School of International Affairs at The George Washington University. He lives in South Gate. With the addition of Mr. De La Torre, the Company’s Board of Directors has expanded from seven to eight members, which also reflects the recent addition of John “Jay” D. Nichols, Jr. Announcement • Jun 08
Glass House Brands Inc. Announces Resignation of Jamie Mendola as Board Member Glass House Brands Inc. announced that Jamie Mendola has stepped down from the Company's Board of Directors, due to the time requirements of his increasing professional commitments. Upon Mr. Mendola's departure, the Company's Board of Directors reduced the size of the Board from eight to seven, which reflects the recent addition of John "Jay" D. Nichols, Jr. and results in there being no vacancy following the departure of Mr. Mendola. Due to his resignation, Mr. Mendola is removed from the slate of director nominees to be voted upon at the annual and special meeting of the Company to be held on June 21, 2024. Announcement • May 23
Glass House Brands Inc. Announces Appointment of John 'Jay' Nichols Jr. to Its Board of Directors Glass House Brands Inc. announced the appointment of former Protective Insurance Company Chairman and Interim CEO, John "Jay" D. Nichols Jr., as the newest member of the Company's Board of Directors, effective immediately. Mr. Nichols is an accomplished insurance and reinsurance executive with more than four decades of experience. Most recently, Nichols served as Chairman of the Board and Interim CEO – by request of the board – at Protective Insurance Company, where he oversaw the acquisition of the company by Progressive Insurance Company. Prior to that, he was the CEO of Axis Reinsurance Ltd., where he was tasked with the turn-around of the company's global reinsurance business after significant losses in 2011. Before this, Nichols spent 15 years at Renaissance Re Holdings Ltd, eventually serving as President of RenaissanceRe Ventures. After having joined as the Controller in 1995, Mr. Nichols spearheaded the company's growth via strategic acquisitions and joint ventures. He also previously held senior executive and financial reporting positions at Hartford Steam Boiler and Monarch Life Insurance Company, and at the leading international forensic accounting firm, Matson, Driscoll & Damico. Announcement • May 16
Glass House Brands Inc. Provides Earnings Guidance for the Second Quarter and Maintaining Earnings Guidance for the Full Year of Fiscal Year 2024 Glass House Brands Inc. provided earnings guidance for the second quarter and maintaining earnings guidance for the full year of fiscal year 2024. For the quarter, The company expects to set a new record high for single quarter revenue at $52.0 million to $54.0 million, up 76% sequentially and 19% year-on-year at the mid-point of guidance. The company maintaining revenue guidance of $215 million to $220 million for 2024, a 35% increase at the mid-point of guidance. Announcement • May 03
Glass House Brands Inc. to Report Q1, 2024 Results on May 14, 2024 Glass House Brands Inc. announced that they will report Q1, 2024 results After-Market on May 14, 2024 Announcement • Apr 26
Glass House Brands Inc., Annual General Meeting, Jun 21, 2024 Glass House Brands Inc., Annual General Meeting, Jun 21, 2024. Agenda: Annual General and Special Meeting. Announcement • Mar 30
Glass House Brands Inc. Provides Revenue Guidance for the First Quarter and Fiscal Year 2024 Glass House Brands Inc. provided revenue guidance for the first quarter and Fiscal Year 2024. For the quarter, company expects total revenue to be between $28.0 million and $29.0 million. For the year, company expects revenue guidance of $215 to $220 million. Announcement • Mar 22
Glass House Brands Inc. to Report Fiscal Year 2023 Results on Mar 28, 2024 Glass House Brands Inc. announced that they will report fiscal year 2023 results Pre-Market on Mar 28, 2024 Announcement • Feb 09
Glass House Brands Inc. Announces Resignation of Board Member John Pérez Glass House Brands Inc. announced that John Pérez has stepped down from the Board, due to increasing commitments with his current employer. Announcement • Dec 13
Glass House Brands Inc. announced that it has received $15 million in funding from GH Group, Inc. On December 12, 2023, Glass House Brands Inc. closed the transaction. The company amended the terns of the transaction and the company raised $4.1 million in its second and final tranche bringing gross proceeds to $15 million. Holders of the Series D Preferred Stock will be entitled to an annual cash dividend at a rate of 15% for the first five years after the date of initial issuance of Series D Preferred Stock, and 20% annually thereafter. The Warrants and the Warrant Shares issuable upon exercise of the Warrants are subject to a four-month statutory hold period from the date of issuance of the Warrants under applicable Canadian securities laws. Announcement • Nov 08
Glass House Brands Inc. Announces Appointment of Yelena Katchko to its Board of Directors Glass House Brands Inc. announced the appointment of Yelena Katchko, Partner and founding member at Katchko, Vitiello & Karikomi, PC, as the newest member of the company's Board of Directors, effective immediately. Yelena has been honored as a "Southern California Super Lawyer Rising Star" for every year since 2018 and was named the Century City Bar Association "Cannabis Lawyer of the Year" in 2021. She is an attorney and a founding partner of Katchko, Vitiello & Karikomi, PC, a law firm located in Los Angeles, California with an authentic and deep-rooted presence in the local cannabis industry. At the helm of KVK's cannabis practice group, Yelena handles intricate transactional, commercial, licensing, and regulatory compliance matters within the cannabis sphere. Yelena began representing medicinal cannabis clients in the City of Los Angeles in 2010 and her experience includes involvement in shaping the Medicinal and Adult Use cannabis regulations in both the City of Los Angeles and the State of California through her expansive professional network, pro bono affiliations, local alliances and engagements in town halls. In particular, Ms. Katchko was integral to the city-wide resolution of City of Los Angeles v. 420 Grand et al. which provided a framework for Proposition D's limited immunity and, later, Measure M's priority licensure. She has developed significant experience in local government matters by being a key part of discussions with officials on the constantly changing cannabis regulatory landscape and by working closely with policy makers to advocate on behalf of her clients. In addition to her professional commitments, Yelena serves as the Vice Chair of Programming for the Los Angeles County Bar Association – Cannabis Section and as affiliate counsel for the United Cannabis Business Association (UCBA), a statewide trade association built by the leaders of the California cannabis industry. Announcement • Nov 01
Glass House Brands Inc. Announces Board Changes Glass House Brands Inc. announced the appointment of former California Assembly Speaker John A. Pérez as the newest member of the Company's Board of Directors, effective immediately. Mr. Robert Hoban, who has served as a Director since the company listed in June of 2021, will step down from his role on the Board, effective October 31, 2023. Mr. Pérez brings a wealth of legislative and political experience to Glass House. As Founder and Principal of Double Nickel Advisors over the past eight years, he has built a strategic consulting firm that provides advice to leaders across a myriad of industries on complex public affairs and legislative concerns. John previously served as California's 68th Speaker of the Assembly from 2010 to 2014. In 2014, Mr. Pérez was appointed by former California Governor, Jerry Brown, to serve as a Regent of the University of California where he is currently Chair of the Regents' Health Services Committee. During his 6-year tenure in the California State Assembly, four of which were spent as the Assembly Speaker, he had ultimate responsibility for the Assembly's 1,300 employees and $156 million budget and personally shepherded or authored several new programs, including the Veterans Housing and Homeless Prevention Act (also known as Proposition 41), California's first-in-the-nation carbon cap and trade program, a Middle-Class Scholarship to address affordability and accessibility of higher education, and the launch of the California Jobs Budget. Mr. Pérez has also held several esteemed positions during his career, such as Chair of the UC Board of Regents, Member of the President's Council on HIV/AIDS under Presidents Clinton and Bush, Political Director of the United Food & Commercial Workers Union, Chair of the California Voting Modernization Board and elected member of the Democratic National Committee from 1996 to the present. Mr. Hoban is stepping down from the Glass House Board due to his upcoming career transition. Announcement • Oct 31
Glass House Brands Inc. to Report Q3, 2023 Results on Nov 13, 2023 Glass House Brands Inc. announced that they will report Q3, 2023 results After-Market on Nov 13, 2023 Announcement • Aug 25
Glass House Brands Inc. announced that it expects to receive $15 million in funding from GH Group, Inc. Glass House Brands Inc. announced a non-brokered private placement of Series D preferred stock with a face value of $1,000 per share of new investor, GH Group, Inc. for the gross proceeds of $15 million on August 24, 2023. The issuance of each share of Series D Preferred Stock with a face value of $1,000 per share was accompanied by the delivery of 200 warrants of the company. Each warrant entitles the holder to purchase one new equity share in the capital of the company for a period of five years from the Initial Issuance at a price of $6.00 per warrant share, subject to customary anti-dilution adjustments. The company has the option to accelerate the expiration of any unexercised warrants if the underlying equity shares of the company trade at a price of at least $12.00 per share for a period of 10 trading days out of a period of any 15 consecutive trading days, subject to customary anti-dilution provisions. The warrants and the warrant shares issuable upon exercise of the warrants are subject to a four-month statutory hold period from the date of issuance of the warrants under applicable Canadian securities laws.
On the same day, the company has raised $10.9 million in its first tranche and expects to raise an additional $4.1 million in one or more subsequent closings of tranches under the offering. Holders of the Series D Preferred Stock will be entitled to an annual cash dividend at a rate of 15% for the first five years after the date of initial issuance of Series D Preferred Stock and 20% annually thereafter. Announcement • Aug 01
Glass House Brands Inc. to Report Q2, 2023 Results on Aug 14, 2023 Glass House Brands Inc. announced that they will report Q2, 2023 results After-Market on Aug 14, 2023 Announcement • Jul 14
Glass House Brands Inc. Announces Resignation of Hector De La Torre from the Board Glass House Brands Inc. announced that Hector De La Torre has stepped down from the Board, due to the time requirements of his recent appointment as Executive Director of the Gateway Cities Council of Governments. New Risk • Jun 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$37m free cash flow). Earnings have declined by 46% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Announcement • May 18
Glass House Brands Inc. Provides Financial Guidance for the Second Quarter of 2023 and Fiscal Year 2023 Glass House Brands Inc. provided financial guidance for the second quarter of 2023 and fiscal year 2023. For the second quarter of 2023, the company expected revenue to be between $38 million and $40 million. For the fiscal year 2023, the company maintaining revenue guidance of $160 million for 2023. Announcement • Jan 05
Glass House Brands Inc. announced that it has received $31.2 million in funding On January 3, 2023, Glass House Brands Inc. closed the transaction. The company has raised additional $4.7 million in its final tranche of series B preferred stock. Announcement • May 05
Glass House Brands Inc. (OTCPK : GLAS.F) entered into a binding Letter of Intent to acquire N.R.O. Management, LLC and The Pottery, Inc. Glass House Brands Inc. (OTCPK : GLAS.F) entered into a binding Letter of Intent to acquire N.R.O. Management, LLC and The Pottery, Inc on May 3, 2022. Announcement • Apr 21
Glass House Brands Inc. to Report Q1, 2022 Results on May 12, 2022 Glass House Brands Inc. announced that they will report Q1, 2022 results After-Market on May 12, 2022 Announcement • Apr 09
Glass House Brands Inc., Annual General Meeting, Jun 24, 2022 Glass House Brands Inc., Annual General Meeting, Jun 24, 2022. Announcement • Dec 21
Glass House Brands Inc. (OTCPK:GLAS.F) executed a definitive agreement to acquire Plus Products Inc. (OTCPK:PLPR.F) for approximately $25.6 million. Glass House Brands Inc. (OTCPK:GLAS.F) executed a definitive agreement to acquire Plus Products Inc. (OTCPK:PLPR.F) for approximately $25.6 million on December 20, 2021. Under the terms of agreement, Glass House is acquiring PLUS for approximately $25.6 million through a combination of unsecured convertible debt2 and equity, plus additional performance-based consideration. The transaction is subject to certain customary closing conditions for transactions of this nature, including, among others, the approval of PLUS’ creditors, approval of the Supreme Court of British Columbia in the context of the CCAA proceedings, and the approval of the Neo Exchange and is expected to close in Q1 2022. Announcement • Aug 27
Glass House Farms Introduces New Line of Infused Pre-Rolls Glass House Farms announced the launch of its first-ever line of live resin- and diamond-infused prerolls (IPR) to reach consumers looking for potent, fast- onset highs. The Company's new format contains five power-packed, flavor-forward half-gram pre-rolls, each infused with full-spectrum live resin and THCa diamonds extracted from hand-selected, fresh- frozen flower by the experts at partner FIELD Extracts to lift consumers "up, up, and away." This initial offering includes four mouthwatering varieties: an energetic sativa-dominant-hybrid, Marine Layer; two relaxing indica-dominant offerings, Citrus Apricot and Papaya Tarts; and an evenly balanced hybrid, Ice Cream Cloud. Each high-potency pre-roll contains sustainably grown cannabis from the Santa Barbara Coast, tests at 35-40% THC, and uses no distillate, no added terpenes, nor any other "refined" or "shortcut" extraction techniques. Announcement • Jul 03
Mercer Park Brand Acquisition Corp. (OTCPK:MRCQ.F) entered into an agreement to acquire Greenhouse Cultivation Facility Located in Ventura County, California. Mercer Park Brand Acquisition Corp. (OTCPK:MRCQ.F) entered into an agreement to acquire Greenhouse Cultivation Facility Located in Ventura County, California on July 2, 2021. The transaction is expected to close this quarter of 2021. 
