Glass House Brands (OTCMKTS:GLASF) Stock Price Up 2.9% – Still a Buy?

Glass House Brands Inc. (OTCMKTS:GLASFGet Free Report)’s stock price rose 2.9% on Friday . The company traded as high as C$7.07 and last traded at C$7.07. Approximately 238,341 shares changed hands during trading, an increase of 76% from the average daily volume of 135,480 shares. The stock had previously closed at C$6.87.

Glass House Brands Price Performance

The company’s 50-day simple moving average is C$5.96 and its 200-day simple moving average is C$5.61.

About Glass House Brands

(Get Free Report)

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.

Further Reading

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