Glass House Brands Shares Fall 30.4% as Selling Price Outlook Drops
Glass House Brands shares fell 30.4% to $2.22 on Monday after the cannabis company said it expects an average selling price of $150 per pound for the third quarter. The stock is down 73.6% year to date.
By Natalie WegerShares of Glass House Brands slumped after the cannabis company said it expects its average selling price to drop.Shares fell 30.4% to $2.22 on Monday. The stock has been down 73.6% year to date.Glass House Brands expects an average selling price of $150 per pound for the third quar…