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Glass House Brands ( ($TSE:GLAS.A.U) ) has provided an update.
Glass House Brands has announced a collaboration with the University of California, Berkeley, to advance hemp-related research and development. This partnership aims to explore medicinal product development, improve hemp genetics, and enhance supply chain sustainability, while also evaluating policy approaches to reduce uncertainty for California hemp growers. The collaboration positions Glass House to potentially become a major hemp cultivator in the U.S., aligning with future regulatory changes and expanding market opportunities.
More about Glass House Brands
Glass House Brands is one of the fastest-growing, vertically integrated cannabis companies in the U.S., with a strong focus on the California market. The company is dedicated to building leading brands and serving consumers across all segments, emphasizing sustainable cultivation, manufacturing, and retailing practices. Its portfolio includes brands like Glass House Farms, PLUS Products, Allswell, and Mama Sue Wellness, along with a network of retail dispensaries in California.
YTD Price Performance: -33.77%
Average Trading Volume: 147,426
Technical Sentiment Signal: Strong Buy
Learn more about GLAS.A.U stock on TipRanks’ Stock Analysis page.