ParentCo PIPE in Glass House Terminated

by | Jul 2, 2021 | Company Analysis

ParentCo’s $50 million investment in Glass House, which included a biomass purchase offtake agreement and cross-retail agreement, was “terminated by both parties”. Premium Member can read our take on this below, following up on our reports on the Parent Co from May 18 and April 22 . You can read ParentCo’s press release here, Glass House’s press release here, and the original press release annoucing the deal on May 17 here, as well as access our June 30 comp table.