Shares of Glass House Brands Inc. (OTCMKTS:GLASF – Get Free Report) dropped 1.6% during mid-day trading on Friday . The company traded as low as C$4.70 and last traded at C$4.74. Approximately 118,687 shares traded hands during mid-day trading, a decline of 9% from the average daily volume of 130,872 shares. The stock had previously closed at C$4.81.
Glass House Brands Stock Down 1.6 %
The business has a 50 day moving average price of C$5.73 and a 200-day moving average price of C$7.06.
About Glass House Brands
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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