Glass House Brands Inc. (GLAS)
NYSE: GLAS · Real-Time Price · USD
9.38
-0.50 (-5.06%)
Aug 31, 2026, 1:43 PM EDT - Market open
Glass House Brands Earnings Call Transcripts
Fiscal Year 2026
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Q2 revenue reached $47 million, with record biomass production and improved gross margin, though still below prior year levels due to higher trim mix and production costs. The company uplisted to NYSE, deconsolidated retail, and is positioned for interstate and international expansion as regulatory reforms progress.
Fiscal Year 2024
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The company is focused on low-cost, high-quality cannabis cultivation in California, with expansion plans ready for national scale as regulations evolve. Financial guidance has been raised, targeting $100/lb production costs and up to $700 million in revenue with interstate sales. Strategic brand, retail, and capital management position the business for growth and resilience.