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Glass House Expects Hit to Revenue, Profitability Following ICE Raids

Cannabis Business Times
Thu, Aug 14
Perspectives
Glass House expects a Q3 blow to revenue & profitability following the July 10 ICE raids, as it scales back production with a reduced workforce. “Like every obstacle we faced over 10 years, we will persevere and be that much more resilient as a company." https://t.co/sdj49lOeoy
5406
The Southern California cannabis cultivator is scaling back production amid a reduced workforce but expects a fourth-quarter rebound.
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