Saturday, May 31, 2025

Latest

Glass House Sets Closing Date For SPAC Transaction

Mercer Park Brand Acquisition Corp (NEO: BRND.A.U) is finally set to close on its target. The SPAC this morning announced that the conditions have been met with GH Group, enabling the two firms to proceed with the proposed transaction.

The transaction will see Glass House Group go public via the use of the SPAC, with the firm targeting a future 6.0 million square feet of cultivation within the state of California. The company at the same time is targeting significant retail expansion in the state, with Glass House aiming to have 21 operational dispensaries by the first quarter of 2022, which would make them the largest retailer within California.

The transaction is now pegged to close on June 29, with closing conditions now having been met.

Mercer Park Brand Acquisition Corp last traded at $9.75 on the Neo.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

How To Profit From $3300 Gold? An Inside Look At A Massive 300,000 Oz Project | Martino De Ciccio

We’re At The Start of a Great Silver Boom | Ross McElroy & Andy Bowering – Apollo Silver Corp

Equinox Gold Q1 Earnings: When Everything Goes Wrong

Recommended

ESGold Begins Concentration Tests Ahead Of First Production

Sterling Metals Hits 0.21% Copper Over 482.8 Metres In First Drilling At Soo Copper project

Related News

Mercer Park Sees $224 Million In Redemptions Ahead Of Qualifying Transaction

It appears that demand for the US cannabis sector, as well as SPAC’s, is waning....

Friday, May 14, 2021, 08:52:35 AM

Mercer Park Sees Further Redemptions In SPAC Ahead Of Glass House Merger

Mercer Park Brand Acquisition Corp. (NEO: BRND.A.U) this morning provided an update on the share...

Wednesday, June 9, 2021, 09:26:48 AM

The Parent Company Invests $50 Million In Glass House, Signs LOI’s For Supply Arrangements, Retail Distribution

TPCO Holdings (NEO: GRAM.u), whom does business as The Parent Company, is evidently looking to...

Monday, May 17, 2021, 09:41:47 AM

Glas House Brands Set To Commence Trading This Morning

Glass House Brands (NEO: GLAS.A.u) has officially completed its go-public transaction with that of Mercer...

Tuesday, July 6, 2021, 08:38:26 AM