Market Overview

Glass House Group Vape And Concentrate Manufacturer F/ELD

Share:
Glass House Group Vape And Concentrate Manufacturer F/ELD
Read more about our latest Cannabis News! CANNABIS HOME

Glass House Group on Friday announced it has entered a binding agreement to purchase 100% of the stock and interests of F/ELD in an all-stock deal.

Los Angeles-based F/ELD is a manufacturer of cannabis vapes and concentrates and has won several awards for their products over the past several years.

Glass House Group, formerly California Cannabis Enterprises, comprises of Glass House Farms, Glass House Brands, Carp Manufacturing LLC and retailers Bud and Bloom, The Pottery and iCANN Berkeley under the Glass House Group moniker according to a previous press release.

The acquisition will provide capital to help scale F/ELD operations throughout California as well as expand Glass House Group’s profitable portfolio among others.

“Together with our team, financial expertise, family of companies and built-in supply chain solutions, we will easily be able to meet the marketplace’s growing demand for F/ELD’s products and concentrates, which have already won numerous awards, as well as help the company responsibly scale in the world’s largest cannabis market,” said Glass House Group CEO Kyle Kazan.

Related Stories:

A Couple Data Points On The Main Drivers Of Cannabis Stock Investing

PharmaCielo Announces Expansion In Latin America Through Veterinary CBD Partnership

Read more about our latest Cannabis News! CANNABIS HOME

Posted-In: Glass House Group Kyle KazanCannabis M&A News Markets General

 

Related Articles

View Comments and Join the Discussion!

Cannabis Movers

Sign up for our secret cannabis newsletter!
Never miss out on the breaking news in the Cannabis Industry!

cannabisMD Announces New Partnership With Think20 Labs

Here's What The Street Is Saying As Retail Earnings Heat Up