Glass House Brands ( ($TSE:GLAS.A.U) ) has issued an update.
Glass House Brands has announced a new $50 million senior secured loan, maturing in 2030, which replaces its previous loan due in 2026. This refinancing effort improves the company’s cash flow, extends debt maturity, and demonstrates strong lender relationships, positioning Glass House for continued growth in the cannabis sector.
More about Glass House Brands
Glass House Brands Inc. is a rapidly growing, vertically-integrated cannabis company in the United States. The company is focused on expanding its operations and market presence within the cannabis industry.
YTD Price Performance: -8.94%
Average Trading Volume: 115,026
Technical Sentiment Consensus Rating: Buy
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