Zacks Research Upgrades Glass House Brands (NYSE:GLAS) to “Strong-Buy”

Glass House Brands (NYSE:GLAS) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a report issued on Tuesday,Zacks.com reports.

Glass House Brands Price Performance

Shares of Glass House Brands stock opened at $12.32 on Tuesday.

Glass House Brands Inc is a vertically integrated cannabis company focused on the cultivation, manufacturing, and distribution of cannabis products in California. The company operates greenhouse and processing facilities and serves both the medical and adult-use cannabis markets through its branded product portfolio and wholesale channels.

Its business includes growing cannabis, producing finished goods, and selling flower, pre-rolls, and other cannabis products under its own brands as well as through third-party partnerships.