Glass House Brands Closes Morro Bay Natural Healing Center Dispensary Acquisition – Canada NewsWire

– All regulatory approvals have been granted for the acquisition of the Morro Bay Natural Healing Center Dispensary by Glass House Brands, and the transaction has officially closed

– Consolidation of the Morro Bay store’s financial results into Glass House Brands financials will begin, effective immediately

– Glass House expects to close the Turlock transaction before the end of this year

LONG BEACH, CA and TORONTO, Sept. 15, 2022 /CNW/ – Glass House Brands Inc. (“Glass House” or the “Company”) (NEO: GLAS.A.U) (NEO: GLAS.WT.U) (OTCQX: GLASF) (QTCQX: GHBWF), one of the fastest-growing, vertically-integrated cannabis companies in the U.S., today announced that all local regulatory approvals have been granted for Glass House’s acquisition of the Natural Healing Center (NHC) dispensary located in Morro Bay, California, and that the transaction has officially closed. Consolidation of the financial results of the Morro Bay store into Glass House’s financials will begin effective immediately. With the closing of the Morro Bay dispensary transaction, Glass House will finish Q3 with 7 retail dispensaries.

On May 12, 2022, Glass House announced that it had executed definitive agreements (the “Agreements”) to acquire 100% of the equity interests in three Natural Healing Center retail assets: two operating retail

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