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

Rhea-AI Summary

Glass House Brands (OTCQX: GLASF) has been named to the 2025 OTCQX® Best 50 ranking for the second consecutive year, establishing itself as the only cannabis company to achieve this distinction. The ranking recognizes top-performing companies traded on the OTCQX Best Market, based on one-year total return and average daily dollar volume growth in 2024.

As highlighted by CEO Kyle Kazan, this achievement validates Glass House's commitment to maintaining high business standards while achieving rapid growth in the cannabis industry. The recognition reflects the company's success in expanding its investor audience through the OTCQX platform, which requires companies to meet stringent financial standards, follow best practice corporate governance, and comply with securities laws.

Glass House Brands, recognized as one of the fastest-growing, vertically-integrated cannabis companies in the U.S., trades under multiple symbols including CBOE CA: GLAS.A.U, CBOE CA: GLAS.WT.U, OTCQX: GLASF, and OTCQX: GHBWF.

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 international companies traded on the OTCQX market. The ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the previous calendar year. Companies in the 2025 OTCQX Best 50 were ranked based on their performance in 2024. 

Kyle Kazan, Glass House Co-Founder, Chairman and CEO stated, "Being recognized as a top performer and the only cannabis listing in the OTCQX Best 50 for each of the past two years is a validating milestone for Glass House. The achievement reflects our team's hard work and dedication, maintaining the highest standards of business practices, and delivering rapid growth while operating in the dynamic cannabis industry landscape. I'd like to thank our talented team, loyal customers, along with both our longtime shareholders and newer investors who have all played a crucial role in our success. I'd also like to express our gratitude to the OTCQX for providing a trading platform in the United States on which our stock has been able to expand its investor audience as the company has grown." 

For the complete 2025 OTCQX Best 50 ranking, visit https://www.otcmarkets.com/files/2025_OTCQX_Best_50.pdf.

The OTCQX Best Market offers transparent and efficient trading of established, investor-focused U.S. and global companies. To qualify for the OTCQX market, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.

About Glass House Brands 

Glass House is one of the fastest-growing, vertically integrated cannabis companies in the U.S., with a dedicated focus on the California market and building leading, lasting brands to serve consumers across all segments. From its greenhouse cultivation operations to its manufacturing practices, from brand-building to retailing, the company's efforts are rooted in the respect for people, the environment, and the community that co-founders Kyle Kazan, Chairman and CEO, and Graham Farrar, Board Member and President, instilled at the outset. Whether it be through its portfolio of brands, which includes Glass House Farms, PLUS Products, Allswell and Mama Sue Wellness or its network of retail dispensaries throughout the state of California, which includes The Farmacy, Natural Healing Center and The Pottery, Glass House is committed to realizing its vision of excellence: outstanding cannabis products, produced sustainably, for the benefit of all. For more information and company updates, visit www.glasshousebrands.com/ and https://ir.glasshousebrands.com/contact/email-alerts/.

For further information, please contact:
Glass House Brands Inc. 
John Brebeck, Vice President of Investor Relations 
T: (562) 264-5078 
E: ir@glasshousebrands.com

Mark Vendetti, Chief Financial Officer 
T: (562) 264-5078 
E: ir@glasshousebrands.com

Investor Relations Contact:
KCSA Strategic Communications
Phil Carlson
T: 212-896-1233
E: GlassHouse@kcsa.com

FAQ

What achievement did Glass House Brands (GLASF) receive in 2025?

Glass House Brands was named to the 2025 OTCQX® Best 50 ranking for the second consecutive year, being the only cannabis company to achieve this distinction.

How is the OTCQX Best 50 ranking calculated for GLASF and other companies?

The OTCQX Best 50 ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth during the previous calendar year (2024).

What requirements must Glass House Brands (GLASF) meet to maintain OTCQX listing?

To maintain OTCQX listing, Glass House Brands must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.

What trading symbols does Glass House Brands use across different exchanges?

Glass House Brands trades under CBOE CA: GLAS.A.U and GLAS.WT.U on the Canadian exchange, and OTCQX: GLASF and GHBWF in the United States.

How has the OTCQX platform benefited Glass House Brands (GLASF)?

The OTCQX platform has enabled Glass House Brands to expand its investor audience in the United States while the company has grown, providing a transparent and efficient trading environment.