Carpinteria’s Glass House Farms Going Public By Merging With Blank-Check Firm
Creates Largest Cannabis Brand-Building Platform In State
Glass House Farms, a Carpinteria-based cannabis company, is going public by merging with Toronto-based Mercer Park Brand Acquisition Corp. to create the state’s biggest cannabis brand-building platform.
“I’m really excited for the next chapter,” said Graham Farrar, cofounder and president of Glass House Group. “I think it’s validation that what we built is important and exciting. And I think it’s validation that cannabis is becoming more mainstream. I look forward to having more resources to fund the mission of Glass House, which is to bring the good of cannabis to the good of the people, and now we’re going to be able to do that for even more people.”
Mercer Park Brand acquired Glass House Farms for $567 million.
