Post last year’s raids i was pretty appalled by the way they publicly treated their staff in official comments.. but off to mammon we head
Shares in California medical cannabis cultivator Glass House Group will begin trading at the NYSE on Tuesday, the company said.
Shares in California cannabis cultivation powerhouse Glass House Group will begin trading on the New York Stock Exchange on Tuesday, the company announced.
The second U.S.-based plant touching marijuana company to list on the NYSE after Florida marijuana multistate operator Trulieve Cannabis Corp., Glass House recently restructured to become a medical cannabis-only company.
That followed Trulieve’s lead, and that allowed Glass House, which pursued registration with the U.S. Drug Enforcement Administration as soon as that became available following the Justice Department’s April final order reclassifying state-licensed medical cannabis as a Schedule 3 drug, to satisfy NYSE rules, company President Graham Farrar told MJBizDaily on Friday.
“We’re legit,” said Farrar, whose company surged to a valuation of $1 billion, based on recent trading. “Ford Motor Company is on the NYSE, and we’re going to be next to them.”
