Glass House Brands (OTCMKTS:GLASF) Trading 2.2% Higher – Still a Buy?

Glass House Brands Inc. (OTCMKTS:GLASFGet Free Report)’s share price rose 2.2% during mid-day trading on Thursday . The stock traded as high as C$6.50 and last traded at C$6.49. Approximately 44,553 shares were traded during mid-day trading, a decline of 64% from the average daily volume of 124,844 shares. The stock had previously closed at C$6.35.

Glass House Brands Stock Down 0.4 %

The firm’s 50 day moving average price is C$5.86 and its 200-day moving average price is C$7.48.

Glass House Brands Company Profile

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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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