Glass House Brands (GLAS)
Grows California cannabis at greenhouse scale and sells branded flower, gummies and related products.
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Sells greenhouse-grown cannabis biomass and branded flower, pre-rolls, gummies and wellness products, primarily through California wholesale channels. Continuing operations exclude its deconsolidated retail network and rely on greenhouse cultivation, licensed operations and third-party retailers.
Cultivates cannabis in greenhouse facilities in Carpinteria and Camarillo and manufactures branded consumer packaged goods in Lompoc. Wholesale biomass—bulk flower and trim, raw cannabis, cannabis oil and related material—is its core continuing line, complemented by branded products sold through third-party California retailers. Brands include Glass House Farms, PLUS, Allswell, REEFORM and Mama Sue.
Applies technology-assisted greenhouse cultivation, vertical integration and efficient production at scale to pursue consistent supply at attractive prices. Former retail operations are deconsolidated in Glass House Retail, whose results are treated as discontinued operations while the parent recognizes its interest through the equity method. Remaining operations are medically licensed and shaped by NYSE eligibility rules, California concentration, licensing, labor, contractors and key cultivation inputs.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $18.6M · Total debt $72.3M · Total assets $313.4M · Shareholders' equity $72.6M
- Revenue
- $47.0M
- Operating income
- −$3.0M
- Net income
- −$6.8M
No dividends on record.
| Insiders | 0.04% | 29.0K shares | |
|---|---|---|---|
| 1 holder · as of Sep 18, 2026 | |||
| Other | 99.96% | 77.40M shares | |
| remainder | |||
77.43M company shares as of Sep 2, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Park West Asset Management LLCInstitution | 7.77% | 6.02M | filed Aug 14, 2026 |
William TuInsiderofficer: SVP, Corporate Controller | 0.04% | 28,951 | filed Sep 18, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 11, 2026 | William Tu | officer: SVP, Corporate Controller | −3,818 | $8.03 |
Not reported.