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 (GHBWF) provides investors and industry stakeholders with centralized access to its latest corporate developments in the regulated cannabis sector. This resource aggregates official press releases, financial disclosures, and strategic updates while tracking key operational indicators like Equivalent Dry Pounds metrics.
Investors gain timely insights into earnings reports, cultivation capacity expansions, product launches, and regulatory compliance milestones. Media professionals and analysts benefit from unfiltered access to primary source materials, enabling accurate market assessment without speculative commentary.
The curated collection includes updates on wholesale distribution agreements, processing innovations, and sustainability initiatives specific to cannabis cultivation. All content maintains strict neutrality, focusing on verifiable corporate actions rather than market performance analysis.
Bookmark this page for direct access to GHBWF's evolving operational narrative, supported by original corporate communications and factual reporting tailored for informed decision-making.
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.
Glass House Brands (GLASF) reported strong Q4 2024 financial results with revenue of $53.0 million, up 31% year-over-year, and full-year revenue of $200.9 million, a 25% increase from 2023. The company achieved significant growth across all three business segments.
Q4 highlights include:
- Adjusted EBITDA of $9.0 million, up 139% year-over-year
- Biomass production reached 165,074 pounds, up 60% year-over-year
- Production cost decreased to $110 per pound from $121 last year
- Gross profit margin was 43%
- Cash balance increased to $36.9 million
The company provided 2025 guidance, projecting Q1 revenue between $42-44 million and full-year revenue of $220-230 million. A new $50 million senior secured loan was secured, extending debt maturity to 2030. Phase III expansion is underway, including Greenhouse 2 retrofit, which is expected to increase total annual capacity to over 1 million pounds of biomass.
Glass House Brands (OTCQX: GLASF) has announced its upcoming Fourth Quarter and Full Year 2024 financial results conference call, scheduled for March 25, 2025, after market close. The vertically-integrated cannabis company will host the conference call at 5:00 p.m. Eastern Time.
Interested participants can access the live webcast through the company's website or dial in directly using the following numbers:
- Toll-free: 1.800.715.9871
- International: +1.646.307.1963
- Conference ID: 5311439#
The webcast will be archived for approximately 30 days, and all historical earnings call materials, including audio files, transcripts, financial statements, and management discussions, will be made available on the company's website.
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