Glass House Farms nets license for new cannabis facility

Glass House Farms nets license for new cannabis facility

US- Glass House Brands Inc., one of the fastest-growing vertically integrated cannabis companies in the U.S., announced that on March 11, it received California state cannabis licenses, as well as a cannabis business license from Ventura County, for the Phase I retrofit of the company's 5.5 million square foot greenhouse located in Southern California.

Receipt of the licenses enabled Glass House Brands to immediately commence cultivation activities at the SoCal facility, which included an initial transfer of approximately 30,000 clones from the company's nearby cultivation facility in Santa Barbara, CA. First harvest from the facility is expected to occur in the third quarter of 2022.

"The receipt of the required licenses for our SoCal Facility is one of Glass House's most significant milestones to date, and we are beyond thrilled to initiate planting in our recently converted greenhouse," ays Kyle Kazan, Glass House Chairman and CEO. "With our first harvest only months away and the first phase of the retrofit of the SoCal Facility nearing completion, we are on track to becoming the leader in cannabis cultivation capacity. However, it is our best-in-class craft cannabis cultivation practices and our high-quality and low-cost production capabilities that will provide us with a competitive advantage in the world's largest cannabis market."

"This is a momentous achievement for Glass House, one that we have been anxiously awaiting since completing the acquisition of the SoCal Facility six months ago," says Graham Farrar, President and Chief Cannabis Officer. "It will enable us to produce amazing sun-grown indoor quality at close-to-outdoor cost, providing a durable competitive advantage that allows us to be successful in any market condition. In addition, the facility's location in an ideal climate, and its solar and cogeneration capabilities make it significantly more energy-efficient, with remarkably lower carbon emissions compared to other greenhouse operations. We are very proud of the team, incredibly excited to have initiated planting, and are looking forward to our first harvest later this year. The speed with which the team executed our purchase-to-planting journey was truly impressive."

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Photo by CRYSTALWEED cannabis on Unsplash

Source: Greenhouse Grower

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