Glass House Brands (TSE:GLAS.A.U) has released an update.
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Glass House Brands is moving forward with an aggressive expansion in California, filing a prospectus supplement for a distribution program aimed at raising $25 million for their Phase 3 expansion. The company is investing $5 million in improvements to enhance production, expecting to generate revenue by late 2025 with an estimated 275,000 pounds of cannabis in its first full year.
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