Glass House Brands Inc. (OTCMKTS:GLASF – Get Free Report) shares dropped 4.5% on Tuesday . The stock traded as low as C$5.14 and last traded at C$5.25. Approximately 197,959 shares changed hands during mid-day trading, an increase of 13% from the average daily volume of 174,839 shares. The stock had previously closed at C$5.50.
Glass House Brands Stock Performance
The company’s 50-day moving average price is C$5.77 and its 200 day moving average price is C$5.62.
Glass House Brands Company Profile
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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