Glass House Brands Inc.

GLASF

CA3771304068

Drug Retailers

Market Closed - OTC Markets Other stock markets 03:51:06 2024-05-31 pm EDT			5-day change	1st Jan Change
7.8 ^USD	-0.38%		-11.16%	+64.90%

May. 20	Glass House Brands Inc. Announces Appointment of John 'Jay' Nichols Jr. to Its Board of Directors	CI
May. 14	Glass House Brands Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Glass House Brands Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023

March 29, 2024 at 12:58 pm EDT

Glass House Brands Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 40.43 million compared to USD 29.94 million a year ago. Net loss was USD 37.49 million compared to USD 14.42 million a year ago.

For the full year, the company reported sales was USD 160.84 million compared to USD 84.87 million a year ago. Net loss was USD 97.43 million compared to USD 33.31 million a year ago.

Latest news about Glass House Brands Inc.

Glass House Brands Inc. Announces Appointment of John 'Jay' Nichols Jr. to Its Board of Directors	May. 20	CI
Glass House Brands Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 14	CI
Transcript : Glass House Brands Inc., Q1 2024 Earnings Call, May 14, 2024	May. 14
Glass House Brands Inc. Provides Earnings Guidance for the Second Quarter and Maintaining Earnings Guidance for the Full Year of Fiscal Year 2024	May. 14	CI
Glass House Brands Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Mar. 29	CI
Glass House Brands Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Mar. 29	CI
Transcript : Glass House Brands Inc., Q4 2023 Earnings Call, Mar 28, 2024	Mar. 28
Glass House Brands Inc. Provides Revenue Guidance for the First Quarter and Fiscal Year 2024	Mar. 28	CI
Glass House Brands Inc. Announces Resignation of Board Member John Pérez	Feb. 08	CI
Glass House Brands Inc. announced that it has received $15 million in funding from GH Group, Inc.	Dec. 11	CI
Glass House Brands Inc. Provides Revenue Guidance for the Fourth Quarter of 2023	Nov. 13	CI
Glass House Brands Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 13	CI
Transcript : Glass House Brands Inc., Q3 2023 Earnings Call, Nov 13, 2023	Nov. 13
Glass House Brands Inc. Announces Appointment of Yelena Katchko to its Board of Directors	Nov. 07	CI
Glass House Brands Inc. Announces Board Changes	23-10-31	CI
Glass House Brands Inc. announced that it expects to receive $15 million in funding from GH Group, Inc.	23-08-22	CI
Glass House Brands Inc. Provides Revenue Guidance for the Third Quarter 2023	23-08-16	CI
Glass House Brands Inc. Revises Revenue Guidance for the Fiscal Year 2023	23-08-16	CI
Glass House Brands Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-14	CI
Transcript : Glass House Brands Inc., Q2 2023 Earnings Call, Aug 14, 2023	23-08-14
Glass House Brands Inc. Announces Resignation of Hector De La Torre from the Board	23-07-13	CI
Glass House Brands Inc. Provides Financial Guidance for the Second Quarter of 2023 and Fiscal Year 2023	23-05-17	CI
Glass House Brands Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-15	CI
Transcript : Glass House Brands Inc., Q1 2023 Earnings Call, May 15, 2023	23-05-15
Glass House Brands Inc. (OTCPK:GLAS.F) acquired Turlock Dispensary from Natural Healing Center.	23-04-24	CI

Chart Glass House Brands Inc.

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Company Profile

Glass House Brands Inc. is a vertically integrated cannabis company. The Company, through its subsidiaries, cultivates, manufactures, and distributes cannabis bulk flower and trim to wholesalers and cannabis-related consumer packaged goods (CPG) to third-party retail stores in the state of California. The Company also owns and operates retail cannabis stores in the state of California. The Company operates multiple greenhouse cultivation facilities located in Carpinteria and Camarillo, California, and its manufacturing production facility is located in Lompoc, California. Its portfolio of brands includes Glass House Farms, PLUS Products, Allswell and Mama Sue Wellness. PLUS Products include PLUS Classic Gummies, Sleep +CBN, +Functional Gummies, and Solventless Hash Gummies. Its retail landscape consists of 10 stores positioned across California, including the pottery, farmacy, and natural healing center (NHC).

Sector

Drug Retailers

Calendar

2024-06-05 - OTC Markets Group Inc KCSA Cannabis Virtual Investor Conference

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Ratings for Glass House Brands Inc.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

7.8 USD

Average target price

12.58 USD

Spread / Average Target

+61.22%

Consensus

Quarterly revenue - Rate of surprise

Company calendar

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