Glass House Brands: A Successful Story At An Inflection Point
Glass House Brands: A Successful Story At An Inflection Point
Glass House Brands (OTC:GLASF) is a cannabis producer and distributor operating in California.
We think that their strategy and proven execution make this player a good pick for acquiring some exposure to this growing and changing trend. Also, the relatively early stage of the company and being close to a turning point makes the current price relatively cheap.
Glass House decided some time ago that a big differentiation was needed to compete over more established players: complete control over its product. And this was clearly reachable only by building their own supply chain from production to distribution, to sales. Only by doing this, they could eventually compete with companies like Curaleaf (OTCPK:CURLF), one of the biggest players in that market.
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