Glass House Brands Inc. (GLASF)

4.9700

-0.2300

(-4.42%)

At close: 3:57:57 PM EDT

Glass House Brands and Eaze Partner to Launch PLUS Cannabis Gummies in Florida

LONG BEACH, Calif. and TORONTO, April 10, 2025 (GLOBE NEWSWIRE) -- Glass House Brands Inc. ("Glass House" or the "Company") (CBOE CA: GLAS.A.U) (CBOE CA: GLAS.WT.U) (OTCQX: GLASF) (OTCQX:GHBWF), one of the fastest-growing, vertically integrated cannabis companies in the United States, has announced a partnership with Eaze Inc. (“Eaze”) to launch PLUS cannabis gummies in dispensaries in the state Florida for the first time. This groundbreaking launch will roll out over the coming weeks in all of

GlobeNewswire 12 days ago

GHBWF

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Glass House Brands Announces Hemp Research and Development Agreement with the University of California, Berkeley

LONG BEACH, Calif. and TORONTO, April 09, 2025 (GLOBE NEWSWIRE) -- Glass House Brands Inc. ("Glass House" or the "Company") (CBOE CA: GLAS.A.U) (CBOE CA: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), one of the fastest-growing, vertically integrated cannabis companies in the U.S., today announced a collaboration with the University of California, Berkeley, to explore hemp-related research, including novel medicinal product development, identification and improvement of hemp genetics, market analysis

GlobeNewswire 13 days ago

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Glass House Brands Reports Record Setting Fourth Quarter 2024 Financial Results

Full year net revenue was $200.9 million, a 25% increase year-over-year Fourth quarter revenue was $53.0 million, up 31% year-over-year reflecting over 20% growth in all three business segmentsFourth quarter adjusted EBITDA was $9.0 million, up 139% year-over-year Biomass production was 165,074 pounds in the fourth quarter, up 60% year-over-yearFourth quarter cost per equivalent dry pound of production was $110, down from $121 per pound for the equivalent period last year Fourth quarter consolid

GlobeNewswire 28 days ago

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Glass House Brands to Host Fourth Quarter and Full Year 2024 Conference Call on March 25, 2025

LONG BEACH, Calif. and TORONTO, March 11, 2025 (GLOBE NEWSWIRE) -- Glass House Brands Inc. ("Glass House" or the "Company") (CBOE CA: GLAS.A.U) (CBOE CA: GLAS.WT.U) (OTCQX: GLASF) (OTCQX:GHBWF), one of the fastest-growing, vertically-integrated cannabis companies in the U.S., today announced that it will report financial results for the fourth quarter and full year ended December 31, 2024, on Tuesday, March 25, 2025, after market close. The Company will host a conference call to discuss the resu

GlobeNewswire last month

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Weekly Roundup on the Cannabis Sector & Psychedelic Sector

Key Takeaways; Cannabis Sector Ayr Wellness announced a refocused strategy, exiting Illinois, and expanding in Florida Curaleaf’s revenue fell slightly in 2024, as the company struggles for stability Glass House secured a $50 million loan aimed at strengthening its financial position Safe Harbor restructured debt to strengthen financial flexibility Organigram secured final funding tranche from […]

Market Exclusive last month

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Glass House Brands to Participate in the 37th Annual ROTH Conference on March 16-18, 2025

LONG BEACH, Calif. and TORONTO, March 10, 2025 (GLOBE NEWSWIRE) -- Glass House Brands Inc. ("Glass House" or the "Company") (CBOE CA: GLAS.A.U) (CBOE CA: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), one of the fastest-growing, vertically integrated cannabis companies in the U.S., announced today its participation in the 37th Annual ROTH Conference to be held on March 16-18, 2025 in Dana Point, California. The Company’s Chief Financial Officer, Mark Vendetti will participate in a fireside chat hoste

GlobeNewswire last month

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Glass House Brands Announces Appointment of Jon DeCourcey as Vice President of Investor Relations

Former Head of Investor Relations at Ayr Wellness and equity research analyst focused on the cannabis sector to lead the Company’s investor relations activitiesLONG BEACH, Calif. and TORONTO, March 05, 2025 (GLOBE NEWSWIRE) -- Glass House Brands Inc. ("Glass House" or the "Company") (CBOE CA: GLAS.A.U) (CBOE CA: GLAS.WT.U) (OTCQX: GLASF) (OTCQX:GHBWF), one of the fastest-growing, vertically-integrated cannabis companies in the U.S., today announced the appointment of Jon DeCourcey as Vice Presid

GlobeNewswire last month

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Glass House Brands announces $50M senior secured loan

Glass House Brands (GLASF) announced the signing of a new $50 million senior-secured credit facility. The interest rate for the new SSL facility will be fixed at 8.58% for the term of the loan. The first two years are interest-only. Principal and interest payments will be made during the last three years based on a straight-line amortization of the loan amount over a period of 15 years, with a balloon payment of $40 million due on the maturity date. The loan will be secured by a first priority l

TipRanks last month

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Glass House Brands Announces New $50 Million Senior Secured Loan

- Maturing on January 31st, 2030, the new senior debt facility replaces our previous senior secured loan that was set to mature in late November 2026, pushing out the final balloon payment by an additional 3 years- The interest rate will be fixed at 8.58% for the term of the loan, significantly lower than the rate paid for the previous loan- After paying legal and loan fees for the new loan and $41.0 million for the balance of the previous loan plus fees, the company will have a net cash inflow

GlobeNewswire last month

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Glass House Brands Provides Updated Guidance for Fourth Quarter and Full Year 2024

We anticipate that Full Year 2024 Revenue will be a record high $200 to $202 million, up 25% year-over-year at the midpoint of updated guidanceWe expect Q4 Revenue to be in the range of $52 to $54 million, up 31% year-over-year at the midpoint of updated guidanceWe anticipate Q4 2024 cost of production will be below $115 per pound, and well below previous guidance of $125We expect fourth quarter adjusted EBITDA will be $7 to $9 million, versus prior guidance of $3 million to $5 million, and that

GlobeNewswire 2 months ago

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Glass House Brands Named to 2025 OTCQX Best 50 for the Second Year in a Row

LONG BEACH, Calif. and TORONTO, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Glass House Brands Inc. ("Glass House" or the "Company") (CBOE CA: GLAS.A.U) (CBOE CA: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), one of the fastest-growing, vertically-integrated cannabis companies in the U.S., is pleased to announce it has been named to the 2025 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year. The OTCQX Best 50 is an annual ranking of the top 50 U.S. and internation

GlobeNewswire 3 months ago

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Glass House Brands files prospectus supplement for ATM distribution program

Glass House Brands (GLASF) has filed a prospectus supplement to its short form base shelf prospectus dated May 16, 2024 with the securities regulatory authorities in all provinces and territories of Canada. Glass House Brands CEO stated, “During the third quarter, we delivered record setting results, highlighted by a 128% year-over-year increase in cannabis production, a record low quarterly cultivation cost of $103 per pound and robust growth in retail and consumer packaged goods. All three bus

TipRanks 4 months ago

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Glass House Brands Announces the Filing of Prospectus Supplement for Previously Announced At-The-Market Distribution Program

Not for distribution to United States news wire services or dissemination in the United StatesLONG BEACH, Calif. and TORONTO, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Glass House Brands Inc. ("Glass House" or the "Company") (CBOE CA: GLAS.A.U) (CBOE CA: GLAS.WT.U) (OTCQX: GLASF) (OTCQX:GHBWF) announced today that, further to its news release dated November 13, 2024, it has filed a prospectus supplement (the "Prospectus Supplement") to its short form base shelf prospectus dated May 16, 2024 (the "Shelf

GlobeNewswire 4 months ago

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Glass House Brands Reports Record Setting Third Quarter 2024 Financial Results

- Glass House achieved record setting results for over 10 key metrics, including consolidated revenue and gross profit, wholesale biomass revenue, retail revenue, biomass production and cultivation cost per pound - Wholesale biomass production was 232,295 pounds, up 128% year-over-year and exceeding the top end of guidance by over 35,000 pounds - Third quarter 2024 revenue was $63.8 million, up 18% sequentially and 32% year-over-year - Consolidated gross margin was 52%, compared to 53% in Q2 202

GlobeNewswire 5 months ago

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Glass House Brands to Host Third Quarter 2024 Conference Call on November 13, 2024

LONG BEACH, Calif. and TORONTO, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Glass House Brands Inc. (“Glass House” or the “Company” (CBOE CA: GLAS.A.U) (CBOE CA: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), one of the fastest-growing, vertically-integrated cannabis companies in the U.S., today announced that it will report financial results for the third quarter ended September 30, 2024, on Wednesday, November 13, 2024, after market close. The Company will host a conference call to discuss the results at 5:0

GlobeNewswire 5 months ago

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Glass House Brands to Participate at the Benzinga Cannabis Capital Conference in Chicago on October 8-9, 2024

LONG BEACH, Calif. and TORONTO, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Glass House Brands Inc. ("Glass House" or the "Company") (CBOE CA: GLAS.A.U) (CBOE CA: GLAS.WT.U) (OTCQX: GLASF) (OTCQX:GHBWF), one of the fastest-growing, vertically integrated cannabis businesses in the U.S. today announced that Graham Farrar, Co-founder, Board Member and President, and Mark Vendetti, Chief Financial Officer will participate at the Benzinga Cannabis Capital Conference being held October 8-9, 2024, in Chicago. Mr

GlobeNewswire 6 months ago

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UPDATE - Glass House Brands to Host Analyst & Institutional Investor Day on September 12, 2024 at the SoCal Farm in Camarillo, California

LONG BEACH, Calif. and TORONTO, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Glass House Brands Inc. (“Glass House” or the “Company”) (CBOE CA: GLAS.A.U) (CBOE CA: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), one of the fastest-growing, vertically integrated cannabis businesses in the U.S., today announced that it will host an Analyst & Institutional Investor Day at the Company’s SoCal Farm in Camarillo, California, on Thursday, September 12, 2024, from 11:00 a.m. to approximately 4:30 p.m. Pacific Time. The

GlobeNewswire 7 months ago

GHBWF

GLASF
-4.42%
Glass House Brands to Host Analyst & Institutional Investor Day on September 12, 2024 at the SoCal Farm in Camarillo, California

LONG BEACH, Calif. and TORONTO, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Glass House Brands Inc. (“Glass House” or the “Company”) (CBOE CA: GLAS.A.U) (CBOE CA: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), one of the fastest-growing, vertically integrated cannabis businesses in the U.S., today announced that it will host an Analyst & Institutional Investor Day at the Company’s SoCal Farm in Camarillo, California, on Thursday, September 12, 2024, from 11:00 a.m. to approximately 4:30 p.m. Pacific Time. The

GlobeNewswire 7 months ago

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GLASF
-4.42%
Glass House Brands Reports Record Setting Second Quarter 2024 Financial Results

-Greenhouse 5 completed its first full quarter of production and sales in Q2, outperforming expectations-Record quarterly highs included consolidated revenue and gross profit, wholesale biomass revenue and gross profit, biomass production and sales and retail revenue-Second Quarter 2024 Revenue was $53.9 million, at the high end of the guidance range and up 21% year- over-year-Biomass production was more than 149,000 pounds, 20,000 pounds ahead of the mid-point of guidance and up 45% year- over-

GlobeNewswire 8 months ago

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Glass House Farms Earns “Best” Cannabis in California Award at the California State Fair Cannabis Awards

SACRAMENTO, Calif., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Glass House Brands Inc. ("Glass House" or the "Company") (CBOE CA: GLAS.A.U) (CBOE CA: GLAS.WT.U) (OTCQX: GLASF) (OTCQX:GHBWF), one of the fastest-growing, vertically integrated cannabis businesses in the U.S. has struck gold in California. The company won five prestigious honors at the 2024 CA State Fair Cannabis Awards, including the coveted Golden Bear, presented by the State of California to the best of California agriculture. Glass House

GlobeNewswire 8 months ago

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GLASF
-4.42%

Performance Overview

Return	GLASF	MSCI WORLD (^990100-USD-STRD)
YTD	-11.41%	-6.04%
1-Year	-42.56%	+6.15%
3-Year	+1.84%	+20.86%

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Glass House Brands Inc. (GLASF)

Glass House Brands and Eaze Partner to Launch PLUS Cannabis Gummies in Florida

Glass House Brands Announces Hemp Research and Development Agreement with the University of California, Berkeley

Glass House Brands Reports Record Setting Fourth Quarter 2024 Financial Results

Glass House Brands to Host Fourth Quarter and Full Year 2024 Conference Call on March 25, 2025

Weekly Roundup on the Cannabis Sector & Psychedelic Sector

Glass House Brands to Participate in the 37th Annual ROTH Conference on March 16-18, 2025

Glass House Brands Announces Appointment of Jon DeCourcey as Vice President of Investor Relations

Glass House Brands announces $50M senior secured loan

Glass House Brands Announces New $50 Million Senior Secured Loan

Glass House Brands Provides Updated Guidance for Fourth Quarter and Full Year 2024

Glass House Brands Named to 2025 OTCQX Best 50 for the Second Year in a Row

Glass House Brands files prospectus supplement for ATM distribution program

Glass House Brands Announces the Filing of Prospectus Supplement for Previously Announced At-The-Market Distribution Program

Glass House Brands Reports Record Setting Third Quarter 2024 Financial Results

Glass House Brands to Host Third Quarter 2024 Conference Call on November 13, 2024

Glass House Brands to Participate at the Benzinga Cannabis Capital Conference in Chicago on October 8-9, 2024

UPDATE - Glass House Brands to Host Analyst & Institutional Investor Day on September 12, 2024 at the SoCal Farm in Camarillo, California

Glass House Brands to Host Analyst & Institutional Investor Day on September 12, 2024 at the SoCal Farm in Camarillo, California

Glass House Brands Reports Record Setting Second Quarter 2024 Financial Results

Glass House Farms Earns “Best” Cannabis in California Award at the California State Fair Cannabis Awards

Performance Overview