Glass House Brands Inc. (GLASF) Form 6-K — Jun 18, 2026
Glass House Brands released an investor presentation updating the market on its 2026 financial outlook and strategic positioning following the federal rescheduling of medical cannabis to Schedule III. The company projects full-year 2026 revenues between $235 million and $245 million, driven by the production of approximately 1 million pounds of cannabis biomass. The presentation highlighted a cost structure of approximately $111 per pound against an average selling price in the mid-$180 range, targeting Adjusted EBITDA in the high $30 million range. This guidance excludes potential upside from interstate commerce, hemp sales, and a recently completed retail joint venture.
Key figures
- Revenue
- 235 million - 245 million
- Guidance
- Revenues to be between $235 million and $245 million; Adjusted EBITDA: High $30 million range
- Selling price
- mid-$180/lbs
- Biomass production
- ~1 Million Pounds
- Cost of production
- ~$111/lbs
- Potential market size
- $35B
AI analysis
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