Glass House Brands Announces its Deconsolidation of its Dual-Use Business and its Application for Uplisting of Shares to NYSE (opens original article in a new tab)

Glass House Brands announced its application for NYSE uplisting and deconsolidation of its dual-use cannabis business from its medical cannabis operations.

• Glass House Brands applied to list its shares on the NYSE.
• The company deconsolidated its dual-use cannabis business from its medical cannabis business.
• Non-voting units in the former subsidiary will convert to voting units after NYSE approval for marijuana-related listings.