Glass House Brands reports net loss in Q1 amid decline in wholesale cannabis prices
IN THIS ARTICLE
- Agribusiness Topic
- Jorge Mercado Author
By Jorge Mercado Thursday, May 12th, 2022
Glass House Brands, a cannabis company based in Carpinteria, reported diminishing net sales, a rising net loss and higher operating costs for the first quarter of 2022. Glass House owns both retail dispensaries and cannabis growing operations in California, and trades on the Canadian NEO Exchange. The company reported a net loss of $19.8 million…