Research analysts who have asked questions during Glass House Brands earnings calls.
BB
Bobby Burleson
Canaccord Genuity
3 questions for GLASF
Also covers: AAWH, JUSHF, PLNH +1 more
MR
Mike Regan
Excelsior Equities
3 questions for GLASF
Also covers: GTBIF
Aaron Edelheit
Mindset Capital
2 questions for GLASF
JR
Jesse Redmond
Water Tower Research LLC
2 questions for GLASF
Also covers: HYFM, MRMD, ROMJF
SF
Scott Fortune
ROTH MKM
2 questions for GLASF
Also covers: , AYRWF, CRLBF +10 more
Howard Penney
Hedgeye Risk Management
1 question for GLASF
Also covers: GTBIF
JD
Jon DeCourcey
BTIG
1 question for GLASF
Also covers: JUSHF
Recent press releases and 8-K filings for GLASF.
Glass House Brands Announces Accelerated 2026 Expansion Strategy
GLASF
New Projects/Investments
Revenue Acceleration/Inflection
- Glass House Brands Inc. is accelerating its 2026 expansion plans due to positive results and in anticipation of cannabis reform action and new business opportunities.
- The company returned to full production capacity in existing greenhouses by year-end 2025 and completed the initial buildout of Greenhouse 2.
- The accelerated buildout of the remainder of Greenhouse 2 is planned for full planting in the second quarter of 2026, providing an incremental annual production capacity of approximately 300,000 lbs. of biomass.
- Additionally, Glass House has commenced a light retrofit and buildout of Greenhouse 4 to target international CBD and Hemp markets, and plans to supply the reimbursable CBD market.
- The company anticipates strong growth in 2026 and beyond, expecting cannabis export opportunities to Europe and other international markets with meaningfully higher wholesale biomass prices than in California.
Jan 20, 2026, 12:30 PM
Glass House Brands Applauds Cannabis Rescheduling and CBD Reimbursement Program
GLASF
New Projects/Investments
Revenue Acceleration/Inflection
- Glass House Brands (GLASF) applauds the Trump administration's cannabis reform, which includes rescheduling cannabis to Schedule III and authorizing a pilot program for Medicare reimbursement of CBD.
- The company's CEO, Kyle Kazan, highlighted that the $500 per year Medicare reimbursement for CBD for over 60 million seniors, starting in April 2026, is projected to create a more than $30 billion market.
- Glass House believes it is uniquely positioned to be a leading supplier in this new CBD market due to its low-cost production model and existing CBD/low THC strains, and is actively developing related products.
- The company is also expanding its cultivation efforts, with the most acreage planted in its history, and plans further expansion in early 2026.
Dec 19, 2025, 1:00 PM
Glass House Brands Inc. Reports Q3 2025 Revenue Decline and Increased Net Loss
GLASF
Earnings
Debt Issuance
Demand Weakening
- Glass House Brands Inc. reported a 40% decrease in net revenue to $38.4 million for the three months ended September 30, 2025, compared to $63.8 million in the same period of 2024, primarily due to a 56% decline in wholesale biomass revenue caused by lower production from labor constraints.
- The company's net loss attributable to the company increased to $(12.3) million for the three months ended September 30, 2025, compared to $(3.2) million in the prior year period, and to $(13.7) million for the nine months ended September 30, 2025, up from $(11.6) million in the same period of 2024.
- For the nine months ended September 30, 2025, net cash provided by operating activities was $15.1 million, while net cash used in investing activities significantly increased to $(25.6) million, largely due to purchases of property and equipment.
- The company issued 77,500 shares of Series E Convertible Preferred with an aggregate value of $77.5 million during the nine months ended September 30, 2025, contributing to $3.3 million in net cash provided by financing activities.
- The provision for income taxes for the three months ended September 30, 2025, was $1.1 million, representing a favorable change of $7.8 million compared to $8.9 million in the prior year, partly influenced by the newly signed One Big Beautiful Bill Act (OBBBA) which impacts interest deduction limitations and bonus depreciation.
Nov 12, 2025, 10:08 PM
Glass House Brands Reports Q3 2025 Financial Results
GLASF
Earnings
Guidance Update
Convertible Preferred Issuance
- Glass House Brands reported Q3 2025 revenue of $38.4 million, which was ahead of guidance of $35 million to $38 million, but down from $63.8 million in Q3 2024 and $59.9 million in Q2 2025, primarily due to reduced wholesale production.
- The company's Adjusted EBITDA was negative $(2.3) million in Q3 2025, a significant decrease from $20.4 million in Q3 2024 and $18.1 million in Q2 2025. Gross Profit Margin also declined to 31% from 52% in Q3 2024 and 53% in Q2 2025.
- Equivalent Dry Pound Production for Q3 2025 was 123,986 pounds, exceeding guidance of 95,000 to 100,000 pounds, but down from 232,295 pounds in Q3 2024 and 230,748 pounds in Q2 2025. The Cost per Equivalent Dry Pound of Production increased to $128 per pound from $91 per pound in Q2 2025.
- Cash, Restricted Cash and Cash Equivalents stood at $29.8 million at quarter-end, a decrease from $44.2 million at the end of Q2 2025.
- Management attributed the results to a temporary planned scaled back in new planting and wholesale production due to revamping hiring and staffing practices, with expectations to return to full production in Q1 2026, and completed a $77.5 million preferred equity refinancing during the quarter.
Nov 12, 2025, 9:16 PM
Glass House Brands Reports Q3 2025 Financial Results
GLASF
Earnings
Guidance Update
Convertible Preferred Issuance
- Glass House Brands reported Q3 2025 revenue of $38.4 million, which was ahead of guidance but a decrease from $63.8 million in Q3 2024 and $59.9 million in Q2 2025. Adjusted EBITDA for Q3 2025 was negative $(2.3) million, compared to positive figures of $20.4 million in Q3 2024 and $18.1 million in Q2 2025.
- The decline in financial results, including a gross profit margin of 31% (down from 52% in Q3 2024), was primarily attributed to a temporary planned scaled back in new planting and wholesale production due to a revamp of hiring and staffing practices.
- The company completed a preferred equity recapitalization of approximately $77.5 million in Series E Convertible Preferred Stock, replacing previous series and offering a 12% annual dividend.
- Management anticipates a return to full production capacity within existing greenhouses in the first quarter of 2026, with the previously announced long-term production cost target of $95 per pound remaining intact.
Nov 12, 2025, 9:05 PM
Glass House Brands to Host Q3 2025 Earnings Call
GLASF
Earnings
Delisting/Listing Issues
- Glass House Brands Inc. will report its third quarter 2025 financial results on Wednesday, November 12, 2025, after market close.
- The company will host a conference call to discuss the results at 5:00 p.m. Eastern Time on the same day.
- The company's U.S. OTC listed stock became available for trading on Robinhood's platform effective October 13, 2025, positioning it as the first U.S-based plant touching cannabis operator whose stock can be bought and sold through this commission-free platform.
- Kyle Kazan, Co-Founder, Chairman and CEO of Glass House, stated that the Robinhood listing enables them to reach a larger universe of potential investors.
Oct 30, 2025, 12:00 PM
Quarterly earnings call transcripts for Glass House Brands.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more