Welcome to our dedicated page for Glass House Brands news (Ticker: GHBWF), a resource for investors and traders seeking the latest updates and insights on Glass House Brands stock.
Glass House Brands Inc. (OTCQX: GHBWF) generates a steady flow of news tied to its role as a vertically integrated cannabis company with a strong focus on the California market. Company announcements regularly cover financial performance, capital structure developments, operational milestones and strategic partnerships that affect its cultivation, branded products and retail footprint.
Investors following GHBWF can expect earnings and operating updates, including quarterly results that detail wholesale biomass production, cost per pound, revenue mix across wholesale, retail and consumer packaged goods, and commentary from management on market conditions in California. These releases often highlight progress on greenhouse expansions, cost efficiencies and retail performance.
The company also issues news on capital markets and financing activities, such as preferred equity recapitalizations, new credit facilities and related-party participation in financings. These items provide insight into Glass House Brands’ balance sheet, preferred share structures and access to capital.
Another recurring theme in GHBWF news is strategic and commercial partnerships. Examples include management services agreements to operate third-party dispensaries, off-take agreements for cannabis biomass, and collaborations to launch brands like PLUS cannabis gummies in new states through partners such as Eaze. These developments illustrate how the company seeks to extend its retail and brand reach beyond its core California base.
Glass House Brands also reports on hemp research and development initiatives, including its collaboration with the University of California, Berkeley on hemp-related research and AI-driven cultivation and production. In addition, the company publicizes investor-focused events, such as its recurring Investor Sesh gatherings at its SoCal Farm, which it presents as opportunities to discuss strategy, expansion projects and hemp plans.
For readers tracking GHBWF, the news feed offers a consolidated view of how Glass House Brands is managing growth, capital, partnerships and research efforts across the cannabis and hemp sectors. Regularly reviewing these updates can help contextualize the company’s operational trajectory and strategic priorities over time.
Glass House Brands (OTCQX:GLASF) has announced a significant refinancing through a recapitalization and non-brokered private placement of Series E Convertible Preferred Stock. The offering, valued at approximately $77.5 million, will replace the company's existing Series B and C Preferred Stock.
The new Series E Preferred Stock offers a 12% annual dividend rate, paid quarterly, compared to the previous 22.5% rate on Series B and C. It's convertible at $9.00 per share and includes a 5-year redemption right. Over 75% of existing investors are exchanging their holdings, with $14.7 million in new capital from new investors. The company will pay approximately $4.1 million in cash for Series B and C redemptions.
Glass House Brands (OTCQX:GLASF), a leading vertically integrated cannabis company in the U.S., held its annual and special meeting on June 20, 2025. Shareholders approved all proposed resolutions with overwhelming support.
All eight Board of Director nominees were elected with approval rates exceeding 99%. Key appointments include Kyle Kazan (99.998%), Graham Farrar (99.999%), and John Nichols Jr. (99.995%). Shareholders also approved the reappointment of Macias Gini & O'Connell LLP as auditors with a 99.99% favorable vote and approved a one-time fixed increase to the rolling 10% share reserve under the company's long-term equity incentive plan with 97.85% approval.
Glass House Brands (GLASF) and LEEF Brands have announced a Management Services Agreement (MSA) where Glass House will manage LEEF's Palm Desert dispensary, The LEAF El Paseo. Under the one-year agreement, Glass House will handle all dispensary operations, including product sales, inventory management, and employee oversight.
The partnership includes an off-take agreement where LEEF will secure a significant portion of its annual raw cannabis material from Glass House for its extraction operations. Glass House's retail team has demonstrated strong performance with five consecutive quarters of same-store sales growth, outperforming the California market by over 30% in their most recent quarter.
Glass House Brands (GLASF) has announced its fourth annual Investor Sesh event, scheduled for June 20th, 2025, at their Camarillo SoCal facility - the largest cannabis farm in the United States. The event, following their annual general meeting, will provide shareholders an opportunity to tour the facility and engage with company leadership. CEO Kyle Kazan highlighted that the event will showcase the company's growth, discuss market developments, and present updates on their Phase III expansion, including Greenhouse 2 retrofit and commercial hemp strategy. Attendees will have access to exclusive merchandise and Glass House products for purchase.
Glass House Brands, a leading vertically-integrated cannabis company in the U.S., has scheduled its first quarter 2025 financial results announcement for May 13, 2025, after market close.
The company will host a conference call at 5:00 p.m. Eastern Time to discuss the quarterly results. Investors and interested parties can access the live webcast through the Glass House Brands website or join via telephone by dialing:
- U.S. Toll-Free: 1.800.715.9871
- International: 1.646.307.1963
- Conference ID: 7239518#
A replay of the call will be made available, and all historical earnings materials, including call recordings, transcripts, financial statements, and management discussions, can be accessed through the company's website.
Glass House Brands (GLASF) has partnered with Eaze to launch PLUS cannabis gummies in Florida's medical cannabis market for the first time. The launch will be implemented across all 39 Green Dragon Florida medical cannabis stores operated by Eaze.
PLUS, which has sold over 200 million gummies in California since 2015, will introduce four best-selling flavors: Sour Watermelon, Blackberry Lemonade, Clementine, and Raspberry. Each package contains twenty 5mg gummies, totaling 100mg per package. The all-natural, vegan gummies are precision-dosed for consistent experience.
This expansion marks Glass House's significant move beyond the California market, targeting Florida's medical cannabis patient base of nearly 1 million people. Eaze currently operates 70 Green Dragon locations across Colorado and Florida.
Glass House Brands (GLASF) has announced a groundbreaking research collaboration with UC Berkeley focused on hemp development. The partnership will explore medicinal product development, hemp genetics improvement, market analysis, supply chain sustainability, and AI automation for cultivation.
The research aims to develop treatments targeting coronaviruses, pain, sleep, inflammation, and cirrhosis. Glass House, which obtained a hemp license in 2024, operates a dedicated R&D greenhouse with an annual capacity of 240,000 pounds of biomass production.
The collaboration will also evaluate data-driven approaches to hemp policy and regulation to reduce uncertainty for California hemp growers. The company positions itself to potentially become one of the largest hemp cultivators in the United States, pending Federal Farm Bill developments and state-level regulatory alignment.
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