The Parent Company Enters into Agreements to Expand Supply of High-Quality, California Grown Cannabis streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
GH Group, Inc. via a private placement offering by
Mercer Park Brand Acquisition Corp. (NEO: BRND.A.U) (OTCQX:MRCQF).
The strategic investment comes on the heels of the announced merger between Mercer Park Brand, a special purpose acquisition company, and Glass House.
It is expected to allow The Parent Company to acquire roughly 6.2% of subordinate voting shares of Mercer Park Brand.
In addition, it s expected to close concurrently with Glass House s debut on the NEO Exchange under the GLAS.U ticker following the finalization of the merger with Mercer Park Brand in the first half of 2021.
Cultivation And Retail Deals
Glass House Group Announces Upcoming Conference Attendance
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Glass House Group, ( Glass House or the Company ), one of the fastest-growing, privately-held, vertically integrated cannabis and hemp companies in the U.S., today announced Kyle Kazan, Chairman and Chief Executive Officer of Glass House, and Graham Farrar, President of Glass House, are scheduled to give a company presentation at the Canaccord Genuity Cannabis Virtual Conference. The presentation will take place Tuesday, May 11, 2021 at 1:00 p.m. ET | 10:00 a.m. PT, and can be accessed at the following link:
A replay will be available after the conclusion of the conference.
A shortened week came with no shortage of news.
In New York, Gov. Andrew Cuomo signed recreational marijuana into law on Wednesday, making the Empire State the 15th in the U.S. to legalize cannabis.
The legislation allows adults 21 and older to possess up to 3 ounces of cannabis or 24 grams of. Read More.