California cannabis firm aims to be traded publicly, estimates an additional 2,000 jobs

A California cannabis firm is aiming to become a publicly traded company by late May and is anticipating on bringing thousands of jobs with it.

Glass House Group is merging with Mercer Park Brand Acquisition Corp. and will become traded on Canada’s NEO exchange, the companies announced earlier in April. The acquisition cost Mercer Park $567 million, according to a joint press release.

While the date for officially going public has not yet been set by the exchange, the companies “expect it to be very late May or early June,” Glass House Group told the Washington Examiner on Thursday.

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