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Glass House Brands ( ($TSE:GLAS.A.U) ) has issued an update.
Glass House Brands faced significant challenges following a federal raid on two of its farms by U.S. Immigration and Customs Enforcement, which resulted in the detention of 360 individuals for immigration violations, including nine of the company’s employees. In response, the company has terminated its relationships with previous Farm Labor Contractors, revised its compliance processes, and hired compliance consultants to ensure best practices in employment eligibility and labor standards.
The most recent analyst rating on ($TSE:GLAS.A.U) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on Glass House Brands stock, see the TSE:GLAS.A.U Stock Forecast page.
More about Glass House Brands
Glass House Brands Inc. is a rapidly growing, vertically-integrated cannabis company in the U.S., focusing on the production and distribution of cannabis products.
Find detailed analytics on GLAS.A.U stock on TipRanks’ Stock Analysis page.