Glass House Brands reports net loss in Q1 amid decline in wholesale cannabis prices
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Goleta cannabis distributor helps grow a new supply chain
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Santa Maria cannabis farm hit with environmental lawsuit
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Glass House buys edibles brand for $26M
Glass House Brands, a cannabis grower and retailer with its chief operations in Santa Barbara and Ventura counties, is buying one of California’s leading brands of edible cannabis in a deal worth $25.6 million in stock and debt-financed cash. Plus Products was the No. 4 brand of edibles ranked by sales in the third quarter Read More →
Glass House secures loan of up to $100M to retrofit Camarillo greenhouses for cannabis
A few months after purchasing the Houweling’s Tomatoes property in Camarillo, cannabis grower Glass House Group has secured the funding necessary to upgrade the greenhouse facility. Glass House announced Dec. 13 it has acquired a senior secured term loan agreement with a U.S.-based private credit investment fund for up to $100 million, with an initial Read More →
Glass House reports revenue growth but more losses as it converts massive Camarillo greenhouses
Glass House Brands, a cannabis grower in Santa Barbara and Ventura counties and retailer and wholesaler statewide, saw both its revenue and net losses grow in the third quarter. Glass House, which has its headquarters in Long Beach but most of its operations on the Central Coast, delivered revenue of $17.2 million in the third Read More →
Unlicensed Ventura cannabis retailer to pay $75K fine
The Ventura County District Attorney’s Office announced a settlement Oct. 26 that will require Green Bee Collective to pay $75,000 in civil penalties and restitution for operating an unlicensed cannabis delivery business in Ventura from 2014 through 2019. Green Bee Collective was operated by Darius Bryan Behamata and Samantha Paige Harpoff-Alverson, who were also named Read More →
