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Glass House Brands ( ($TSE:GLAS.A.U) ) has provided an announcement.
Glass House Brands is collaborating with the University of California Berkeley on a state-funded research initiative aimed at improving understanding of cannabis crop yields across different cultivation environments. Building on their hemp research partnership launched in 2024, the collaboration helped secure approximately $1.8 million in funding from California’s Department of Cannabis Control for a project that will use grower surveys, field observations and remote sensing to model yield variability in indoor, outdoor and mixed-light systems. The study is expected to enhance crop production estimates, regulatory oversight and market forecasting for California’s legal cannabis industry, while advancing data-driven best practices and sustainability efforts that could benefit policymakers, growers, researchers and the broader regulated market.
The most recent analyst rating on ($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 is a vertically integrated cannabis company focused on the California market, combining cultivation, manufacturing, and retail operations. Its portfolio includes brands such as Glass House Farms, PLUS Products, Allswell and Mama Sue Wellness, and it operates a network of dispensaries including The Farmacy, Natural Healing Center and The Pottery, emphasizing sustainably produced cannabis products across consumer segments.
Learn more about GLAS.A.U stock on TipRanks’ Stock Analysis page.