Glass House Brands Inc. (GLAS) Glass House Brands, Inc. operates as an integrated cannabis company in the United States with focus on the California market and building brands to serve consumers across various segments. The company is involved in greenhouse cultivation operations, manufacturing practices, brand-building, and retailing activities. The company offers its cannabis products through its portfolio of brands, which includes Glass House Farms, PLUS Products, Allswell, Forbidden Flowers, and Mama Sue Wellness. The company was founded by Kyle Kazan, Graham Farrar and Jocelyn Rosenwald in 2015 and is headquartered in Long Beach, CA.
Sector: Medicinal Chemicals & Botanical Products
Industry: Drug Manufacturers - Specialty & Generic
Glass House Brands Inc NYSE:GLAS Basic Materials · Agricultural Inputs
AH Close $2.13 -0.47%vs close AH Close $2.13 -0.47% vs close
All Press Release SEC Filings News
Press Release ● Major ⚠ 6
Glass House Brands Reports Preliminary Unaudited Third Quarter Financial Results and Resignation of John Nichols Jr. from Board of Directors
Glass House Brands reported preliminary unaudited Q3 revenue of $56.8 million, up from $47.0 million in Q2 2026 and $26.2 million a year ago, with record biomass production of ~317,000 pounds.
Margins compressed: gross profit of $14.9 million (26% margin) versus 34% in Q2, as average selling price fell to $150/lb from $211/lb on a trim-heavy mix and weak California pricing, though cost of production dropped to $110/lb. Operating cash flow was negative $(0.4) million; the company ended the quarter with $39.7 million in cash after raising $28 million via ATM and warrants, and has turned off the ATM.
Management reaffirmed FY2026 production guidance of ~1 million pounds and its $95/lb long-term cost target, and said ~$39 million remains to fund improvement projects and reach cash-flow positive. Separately, director John "Jay" Nichols Jr. resigned from the board.
• 6d ago AI analysis › Press Release ⚠ 2
Glass House Brands Receives Good Agricultural and Collection Practice (GACP) Certifications
Glass House Brands received GACP certifications from Perry Johnson Registrars Food Safety for its Casitas and Padaro farms on October 11, 2026.
The two facilities combine for over half a million square feet of greenhouse cultivation, making them among the largest GACP-certified sites in the U.S. and positioning the company for medical cannabis markets that require compliant operations.
Monetization remains contingent: export is only possible when U.S. federal law and importing-country rules permit it, though management sees markets like Germany, the UK and Switzerland as expanding its addressable market with higher pricing.
• 11d ago AI analysis › Press Release
Glass House Brands Announces Planned Retirement of Chief Financial Officer
Glass House Brands announced the planned retirement of CFO Mark Vendetti, who will remain in the role through March 31, 2027.
The company has initiated a search for his successor, and Vendetti plans to work closely with the team over the next several months to ensure a smooth transition.
Vendetti joined five years ago as CFO at the time of the company's public listing; CEO Kyle Kazan credited him with helping build Glass House into one of the nation's leading cannabis operators.
• 26d ago AI analysis › Press Release
Glass House Brands Releases Mama Sue Professional Athlete Balm for Sale in California
Glass House Brands launched the Mama Sue Professional Athlete Balm, its first cannabis topical, now on sale at select licensed dispensaries across California.
The balm is formulated with proprietary transdermal technology and the company's award-winning Jelly Fish genetics, a CBD-rich strain, and was developed with direct input from professional athletes.
CEO Kyle Kazan framed the launch as part of Glass House's push to build CPG branding and distribution capabilities, with plans for eventual distribution throughout the US and internationally; Chief Revenue Officer Hilal Tabsh called it one of the strongest transdermal topicals in the California market.
• 1mo ago AI analysis › Press Release
Glass House Brands to Participate in Upcoming September Investor Conferences
Glass House Brands management will participate in three upcoming investor conferences in New York City this September, hosting 1x1 meetings with institutional investors.
The schedule includes the ATB Cormark Life Sciences Fall conference on September 9, the Lake Street 10th Annual Best Ideas Growth Conference on September 10, and the H.C. Wainwright 28th Annual Global Investment Conference September 14-16, where management will also present a company overview.
The release contains no new financial or operational disclosures; its forward-looking boilerplate references the previously proposed joint venture with Vireo.
• 1mo ago AI analysis › Press Release
Fireblocks Sets Sights on Next Phase of Tokenization: NYSE Content Update
prnewswire.com • 1mo ago Press Release ● Major ⚠ 2
Glass House Brands Reports Second Quarter 2026 Financial Results
Glass House Brands reported Q2 2026 revenue of $47.0 million, roughly flat year-over-year, while delivering a record 246,000 pounds of biomass production.
The company achieved positive Adjusted EBITDA of $5.7 million and positive operating cash flow of $0.2 million, a sharp reversal from the prior quarter’s losses.
Management reaffirmed full-year biomass production guidance of 1 million pounds and highlighted the completion of its retail deconsolidation and subsequent uplisting to the NYSE.
• 2mo ago AI analysis › Press Release
Glass House Brands to Host Second Quarter 2026 Earnings Call on August 13, 2026
Glass House Brands announced it will report its second quarter 2026 financial results on Thursday, August 13, 2026, after the market closes.
The company will host a conference call at 5:00 p.m. Eastern Time the same day to discuss the quarterly performance.
Investors can access the live webcast via the Glass House Brands website or dial in using the provided conference ID.
• 2mo ago AI analysis › Press Release
Glass House Brands Retains Former DEA Compliance Executive to Advise on Interstate Commerce and Export Opportunities
Glass House Brands retained Matt Murphy, a former DEA Special Agent and founder of Pharma Compliance Group, to advise on compliance for interstate commerce and medical cannabis exports under Schedule III regulations.
Murphy brings extensive regulatory experience from his 26-year DEA career and his tenure as Chief Compliance Officer at Khiron Life Sciences, where he facilitated exports from Colombia to Europe.
CEO Kyle Kazan highlighted the company's scale and production capabilities as key advantages for entering markets outside California and the US as regulatory frameworks evolve.
• 2mo ago AI analysis › Press Release
Glass House Brands Announces the Filing of an Updated At-The-Market Distribution Program
Glass House Brands updated its at-the-market (ATM) distribution program to permit the sale of up to US$100 million in equity shares within the United States.
The update follows the company's recent listing on the NYSE and utilizes an amended distribution agreement with agents ATB Capital Markets and Wilson-Davis & Co.
Management intends to use any future net proceeds for cultivation expansion, potential acquisitions, and general corporate purposes.
• 3mo ago AI analysis › Press Release ⚠ 2
Glass House Brands Completes First International Hemp Sale
Glass House Brands completed its first international sale of smokeable CBD biomass to Europe, marking the first time any of its products have been sold outside California.
The biomass originated from the initial commercial harvest of Greenhouse 4 at the Camarillo Farm, which was planted in Winter 2025 and is fully compliant with California regulations.
Management highlighted that this production is positioned for potential supply into a proposed federal Medicare reimbursable CBD program, leveraging ongoing research collaborations with UC Berkeley.
• 3mo ago AI analysis ›