As we described in a previous article, the Global Cannabis Stock Index extended the bounce from November after the huge October loss, rallying 8.1% in December. That index was down 20.1% in 2023,...
Glass House Brands Reports First Quarter 2023 Financial Results Achieved Positive Free Cash Flow1 Narrowed Adjusted EBITDA2 loss to $0.1 million versus $2.6 million loss in Q4 Revenue of $29.0M, up 108% from Q1 2022...
Glass House Brands Reports Fourth Quarter and Full Year 2022 Financial Results Reports record quarterly revenue of $32.2M, up 14% from Q3 2022 Q4 Biomass production1 up 153% year-on-year and biomass...
PLUS Acquisition Complete; Agreements in Place to Increase Glass House’s Projected California Dispensary Footprint to 10 Locations First Sale from 5.5 million sq. ft. SoCal Cultivation Facility Expected in...
Adds 2 high-performing dispensaries in limited license locations Adds 1 additional store which will open imminently in a limited license location Increases Glass House’s projected 2022 operational California dispensary footprint to...
Glass House Brands Completes Acquisition of PLUS, a Leading California Edibles Brand Acquisition Establishes Glass House as the Only Company with a Top 5 Position in Both the Flower...
Glass House Brands Reports Fourth Quarter and Full Year 2021 Financial Results 2021 Net Revenue Increased 44% Year-over-Year All Licenses for Phase I Retrofit of SoCal Cultivation Facility Received,...
Glass House Brands to Acquire PLUS, a Leading California Edibles Brand Strengthens Consumer Brand Portfolio with Leading California Cannabis Edibles Manufacturer LONG BEACH, Calif. and TORONTO, Dec. 20, 2021...
Glass House Brands Secures US$100 Million Senior Secured Term Loan Non-Dilutive Capital to Fund Phased Retrofit of 5.5 Million Square Foot Cultivation Facility LONG BEACH, Calif. and TORONTO, Dec. 13, 2021 /CNW/...
Glass House Brands Reports Third Quarter 2021 Financial Results Net Revenue Increased 29% Year-over-Year Completed acquisition of 5.5 million square foot cultivation facility, positioning company for considerable future growth...
Glass House Brands Completes 5.5 million Square Foot Southern California Greenhouse Facility Acquisition Amended Purchase Agreement Reduces Price by $25,000,000 LONG BEACH, Calif. and TORONTO, Sept. 15, 2021 /CNW/...
You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to...
Glass House Brands Reports Second Quarter 2021 Financial Results –Net Revenue Increased 62% Year-over-Year –Generates Sustained Positive Adjusted EBITDA –Conference Call to be Held August 17, 2021 at 8:00...
You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to...
Exclusive Interview with Glass House Brands Co-Founder, Chairman and CEO Kyle Kazan Glass House Brands (NEO: GLAS.A.U) (OTCQX: GLASF) is a vertically integrated, public company focused solely on the...
The Parent Company Provides Update on Potential Mercer Park Acquisition Corp. Private Placement SAN JOSE, Calif., July 2, 2021 /CNW/ – TPCO Holding Corp. (“The Parent Company” or the...