- July 6, 2021
- Posted by: Stratford Team
- Category: Business
TORONTO–(BUSINESS WIRE)–NEO is excited to welcome California-based Glass House Brands Inc. (“Glass House”), following its public markets debut yesterday on the NEO Exchange, with a market capitalization in excess of US$275,000,000. Glass House is available for trading under the symbol GLAS.A.U.
A fully integrated cannabis brand-building business, Glass House is the qualifying transaction of Mercer Park Brand Acquisition Corp. (“Mercer Park”), a Special Purpose Acquisition Company (“SPAC”) focused on the cannabis sector. Backed by finance and banking industry veteran Jonathan Sandelman, Mercer Park completed its initial public offering and began trading on the NEO Exchange on May 13, 2019.
“When we formed Mercer Park Brand Acquisition Corp, we aimed to create a platform that could launch the first national cannabis brands in the United States,” said Mercer Park Chairman Jonathan Sandelman. “This took us to California,…
