Glass House Brands Inc. (OTCMKTS:GLASF – Get Free Report) shares rose 8.1% during trading on Thursday . The company traded as high as C$12.01 and last traded at C$11.90. Approximately 68,989 shares were traded during mid-day trading, a decline of 68% from the average daily volume of 216,414 shares. The stock had previously closed at C$11.01.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised Glass House Brands to a “hold” rating in a research report on Monday, June 15th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold”.
View Our Latest Report on Glass House Brands
Glass House Brands Stock Up 11.1%
About Glass House Brands
Glass House Brands (OTCMKTS:GLASF) is a vertically integrated cannabis cultivation, manufacturing and retail company focused on the California market. Based in Salinas with corporate offices in Los Angeles, the firm cultivates proprietary cannabis genetics in greenhouse facilities and distributes a range of consumer packaged products under its flagship Glass House Farms brand.
Operating advanced glasshouse cultivation sites that leverage sustainable growing practices, Glass House Brands produces high-quality flower, pre-rolls and extract products.
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