Glass House Brands Inc. filings document a foreign private issuer reporting under the Exchange Act through Form 6-K current reports and Form 40-F annual reporting status. The filings attach news releases, unaudited consolidated financial statements, management discussion and analysis, interim certifications, financial guidance updates, and warrant redemption notices.
These regulatory records disclose operating results for the company’s vertically integrated cannabis business, including revenue, gross margin, biomass production, production costs, cash balances, and wholesale and retail activity. They also cover capital structure, warrant securities, governance certifications, shareholder-reporting materials, and risk-related discussion in management’s analysis.
Glass House Brands Inc. reports Q1 2026 interim results showing revenue of $40.5 million, down from $44.8 million a year earlier, and a net loss attributable to the company of $17.1 million versus $10.1 million in Q1 2025. Gross profit fell to $10.0 million as cost of goods sold increased, while operating expenses stayed roughly flat, widening the operating loss to $14.4 million. Operating cash flow was negative $11.8 million, but the company boosted liquidity through an at-the-market equity program, raising $18.4 million net and lifting cash to $24.4 million at quarter-end. Total assets were $325.4 million and total liabilities $147.9 million, with notes payable of $68.8 million. A waiver and amendment kept the $50 million Senior Secured Credit Facility classified as noncurrent despite a prior covenant breach.
Glass House Brands reported Q1 2026 revenue of $40.5 million, down from $44.8 million a year earlier but slightly above the prior quarter. Profitability deteriorated sharply, with gross margin falling to 25% from 45% a year ago and net loss widening to $17.0 million.
Wholesale biomass remained the main driver, generating $24.0 million or 59% of revenue, with biomass production of 151,531 pounds and an average selling price of $171 per pound. Cost per equivalent dry pound jumped to $175, up from $108 in Q1 2025, contributing to a negative Adjusted EBITDA of $(4.2) million and operating cash outflow of $(11.8) million.
The company ended the quarter with $27.9 million in cash and restricted cash and announced a warrant redemption for 30.7 million SPAC warrants plus a new at-the-market equity program of up to $50 million. Management highlighted DEA registration to operate medical business under Schedule III and reiterated 2026 guidance for roughly one million pounds of biomass, a mid-$180 per pound selling price and a $95 per pound cost target in the second half.
Glass House Brands released preliminary unaudited Q1 2026 figures and updated full-year guidance, and issued a warrant redemption notice. Q1 net revenue is expected at $40 million, slightly above guidance of $39 million, while gross margin is anticipated at 25%, below the 29% target and down from 34% in Q4 2025.
For 2026, net revenue guidance of $235–$245 million is unchanged, but the company now expects gross margin in the mid‑40% range instead of about 48%, cost of production near $111 per pound versus roughly $100, and adjusted EBITDA in the high $30 million range versus the high $40 million range previously. Glass House will redeem 30,664,500 outstanding warrants on May 28, 2026 for 0.011826 shares per warrant unless they are exercised at $11.50 per share beforehand.
Glass House Brands Inc. filed its Annual Report on Form 40-F, which includes audited consolidated financial statements, the 2025 MD&A and the Annual Information Form. The filing states there were 75,282,908 Subordinate, Restricted and Limited Voting Shares and 4,754,979 Multiple Voting Shares outstanding as of December 31, 2025. The company discloses a material weakness in internal control over financial reporting and states its disclosure controls were not effective as of the evaluation date. The filing lists auditor fees for 2025 and 2024 and identifies an audit committee financial expert.
Glass House Brands Inc. reported softer results for 2025 while laying out an aggressive growth plan for 2026. Full-year 2025 revenue was $182.0M, down from $200.9M in 2024, with gross margin slipping to 42% and net loss widening to $28.9M versus net income of $0.7M a year earlier. Adjusted EBITDA fell to $17.0M from $40.3M, reflecting lower wholesale pricing and higher costs. Q4 2025 revenue was $38.9M with a 34% gross margin and negative Adjusted EBITDA of $3.3M. Management forecasts a rebound in 2026, targeting revenue of $235–$245M, wholesale biomass production of about 1,000,000 pounds, cost of production near $100 per pound, gross margin of roughly 48% and Adjusted EBITDA in the high $40M range, with year-end cash expected to exceed $50M.
Glass House Brands Inc. executive William Tu, SVP and Corporate Controller, filed an initial ownership report. He directly holds Equity Shares of the company and a significant package of Restricted Stock Units (RSUs) that convert into Equity Shares on future vesting dates.
The filing shows 159,204 RSUs outstanding, each representing one Equity Share at settlement, and 26,302 Equity Shares held directly. The RSUs come from grants made in July 2023, September 2024, and February 2025, with vesting scheduled in quarterly installments from May 2026 through September 2028, subject to the terms of the applicable award agreements.
Glass House Brands Inc. (GHBWF) insider Kyle Kazan has filed a Form 144 notice to sell 55,000 Subordinate Voting Shares, Restricted Voting Shares and Limited Voting Shares.
The planned sale is to be executed through Ventum Financial Corp. on the OTCQX market, with an aggregate market value of $396,468.00. The filing notes that 73,763,122 shares of this class were outstanding. These shares were acquired on 07/12/2023 via an employment-related non-qualified stock option (NQSO).
The notice also discloses that Kazan sold 51,632 similar shares on 09/29/2025 for gross proceeds of $387,607.00 during the prior three months.