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Glass House Brands Reports Q3 Preliminary Revenue Of $56.8M; Reports Q3 Biomass Production Of ~317K Pounds
Glass House Brands Inc. ("Glass House" or the "Company") (CBOE CA: GLAS.A.U) (NYSE: GLAS), one of the fastest-growing cannabis companies in the U.S., today announced preliminary and unaudited financial
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Glass House Brands shares are trading lower after the company reported weaker margins and slightly negative operating cash flow despite strong Q3 revenue and biomass production, as continued pricing pressure weighed on results.