Glass House Brands (OTCMKTS:GLASF) Shares Down 1.9% – What’s Next?

Shares of Glass House Brands Inc. (OTCMKTS:GLASFGet Free Report) were down 1.9% during mid-day trading on Thursday . The company traded as low as C$4.99 and last traded at C$5.00. Approximately 91,914 shares traded hands during trading, a decline of 30% from the average daily volume of 131,003 shares. The stock had previously closed at C$5.10.

Glass House Brands Trading Down 1.9%

The stock’s 50-day moving average price is C$5.71 and its 200 day moving average price is C$5.72.

About Glass House Brands

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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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