Glass House Brands Inc GLAS

$2.34 -0.02 (-0.85%)

Valuation

Market cap
218,897,000
Revenue TTM
$181,980,000
Net income TTM
$-29,660,000
P/E (trailing)
0.00
P/E (forward)
—
Profit margin
-16.30%
Debt to equity
0.76

Trading

Volume
985,400
Avg volume
1,725,842
Day's range
$2.32 – $2.63
Shares out
92,753,000
Stochastic %K
45%
Beta
—
Analysts
Moderate Buy
Price target
$11.33

Price

Company profile

Glass House Brands Inc., together with its subsidiaries, operates as an integrated cannabis company in the United States. It operates through three segments: Retail; Wholesale Biomass; and Cannabis-Related Consumer Packaged Goods. The Retail segment owns, and operates retail cannabis stores, and dispensary operation management services. The Wholesale Biomass segment includes propagation, nursery, flowering canopy, dr...

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Glass House Brands Inc., together with its subsidiaries, operates as an integrated cannabis company in the United States. It operates through three segments: Retail; Wholesale Biomass; and Cannabis-Related Consumer Packaged Goods. The Retail segment owns, and operates retail cannabis stores, and dispensary operation management services. The Wholesale Biomass segment includes propagation, nursery, flowering canopy, dries, processes, and distributes cannabis biomass. The Cannabis-Related Consumer Packaged Goods segment manufactures, extracts, infuse, conversion, packaging, and distributes cannabis products. The company cultivates, manufactures, and distributes cannabis bulk flowers and trims to wholesalers; and consumer packaged goods to third-party retail stores in California. It also offers raw cannabis, cannabis oil, and cannabis consumer goods; edibles; flower jars and bags; single, multi-pack, and infused pre-rolls; tinctures; biomass for distributors; and online payment processing, in-store pickup and home delivery services for adult-use and medicinal-use customers. The company serves its cannabis products under the Glass House Farms, PLUS, Allswell, REEFORM, and Mama Sue brand names. Glass House Brands Inc. was founded in 2015 and is headquartered in Long Beach, California.

Industry
Drug Manufacturers - Specialty & Generic
Sector
Healthcare
Phone
212 299 7670
Website
https://glasshousebrands.com
Address
3645 Long Beach Boulevard, Long Beach, United States

Latest news

Stocktwits

data_hog Nov 3, 9:26 PM
$GLAS
0 replies
MarryJane Nov 3, 2:53 AM
$TRLV $GTBIF $TSNDF $GLAS Most USA companies have been lucky to break even or post a small profit, the 280-E tax removal soon in full effect and most will be free cash flow… What will they do with the extra money… 👀Trulieve looks to be a good company, 280-E tax removal, then pays down debt with it
0 replies
topstockalerts Nov 3, 1:17 AM
$GLAS that was not the reaction of a tired stock.
0 replies
davidjbenz Nov 2, 7:35 PM
$GLAS Rolling over. Now valued at same share price as Tilray!
1 replies
BaselineLeaner Nov 2, 4:13 PM
$GLAS
0 replies
ThePsyentificMethod Nov 2, 2:48 PM
$MSOS $GLAS are we gonna fukin rip today or what?
2 replies
davidjbenz Nov 1, 10:15 PM
$GLAS Has anyone heard from Marc Cohodes lately? When will he return to TDR for an interview? And, why won't the DEA grant certs to businesses in "mixed use" states, like Cali? Could it be that rec weed is NOT on the agenda? GLAS may be medical-only, but Cali isn't.
2 replies
BazingAC Oct 31, 12:03 PM
$GLAS GLAS separared its nonmedicinal side of the biz back in June https://mjbizdaily.com/news/dea-grants-federal-registration-to-900-medical-cannabis-dispensaries-in-seven-states/618979/
2 replies