Security
Glass House Brands Inc. · GLAS.WT.U
GLAS.WT.UCSEWarrantHistorical · closed May 28, 2026CIK 1848731Updated Oct 27, 2026
Name history
Mercer Park Brand Acquisition Corp. · through Mar 30, 2021
Current securities for this SEC filerGLAS.A.U · NEOGLAS · NYSE
GLAS.WT.U price & chart
About the company
Glass House is one of the fastest-growing cannabis companies in the U.S., with a dedicated focus on the California market and building leading, lasting brands to serve consumers across all segments. Whether it be through its portfolio of brands, which includes Glass House Farms, PLUS Products, Allswell and Mama Sue Wellness, Glass House is committed to realizing its vision of excellence: outstanding cannabis products, produced sustainably, for the benefit of all. For more information and company updates, visit www.glasshousebrands.com/ and https://ir.glasshousebrands.com/contact/email-alerts/.
In the news
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Recent filings
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 318,557,000Source | 310,502,000Source | 303,774,997Source | 350,628,568Source |
| Property, Plant and Equipment, NetUSD | 228,760,000Source | 212,252,000Source | 215,686,369Source | 216,430,924Source |
| GoodwillUSD | — | 0Source | 0Source | 37,797,301Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 11,577,000Source | 14,200,000Source | 21,212,980Source | 35,921,835Source |
| Current assets: | ||||
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 4,417,000Source | 5,221,000Source | 3,979,135Source | 4,788,748Source |
| Inventory, NetUSD | 26,227,000Source | 14,252,000Source | 8,839,537Source | 10,950,071Source |
| Assets, CurrentUSD | 67,749,000Source | 66,100,000Source | 49,216,323Source | 38,894,236Source |
| Prepaid Expense and Other Assets, CurrentUSD | 15,664,000Source | 7,775,000Source | 3,873,399Source | 7,756,072Source |
| Operating Lease, Right-of-Use AssetUSD | 3,875,000Source | 8,168,000Source | 8,959,645Source | 10,847,642Source |
| Other Assets, NoncurrentUSD | 1,060,000Source | 4,873,000Source | 4,472,454Source | 4,692,135Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 143,955,000Source | 146,447,000Source | 158,539,082Source | 129,493,952Source |
| Stockholders’ equity: | ||||
| Retained Earnings (Accumulated Deficit)USD | -220,075,000Source | -190,416,000Source | -190,934,649Source | -92,665,231Source |
| Stockholders' Equity Attributable to ParentUSD | 73,936,000Source | 116,236,000Source | 89,760,383Source | 168,862,014Source |
| Additional Paid in Capital, Common StockUSD | 294,011,000Source | 306,652,000Source | 280,695,032Source | 261,527,245Source |
| Liabilities and EquityUSD | 318,557,000Source | 310,502,000Source | 303,774,997Source | 350,628,568Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 37,959,000Source | 66,478,000Source | 87,359,047Source | 54,001,169Source |
| Operating Lease, Liability, CurrentUSD | 1,116,000Source | 1,565,000Source | 1,452,472Source | 1,077,971Source |
| Accounts Payable, CurrentUSD | 13,715,000Source | 8,688,000Source | 5,539,966Source | 6,005,745Source |
| Operating Lease, Liability, NoncurrentUSD | 2,868,000Source | 6,860,000Source | 7,703,968Source | 9,859,232Source |
| Other Liabilities, NoncurrentUSD | 33,413,000Source | 20,869,000Source | 5,443,818Source | 2,800,823Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 8,166,000Source | -38,544,000Source | -22,677,716Source | -4,261,516Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 17,933,000Source | 14,409,000Source | 13,123,070Source | 12,603,940Source |
| Long-term Debt, Excluding Current Maturities | —Source | —Source | —Source | —Source |
| Long-term Debt, Current MaturitiesUSD | 37,000Source | 7,644,000Source | 7,550,324Source | 40,237Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 68,629,000Source | 50,552,000Source | 56,512,600Source | 62,618,711Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -28,952,000Source | 721,000Source | -98,060,979Source | -32,964,696Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | —Source | —Source | —Source | —Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 13,402,000Source | 13,098,000Source | 7,636,791Source | 12,755,681Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 547,000Source | 1,481,000Source | 171,817Source | 1,578,992Source |
| Increase (Decrease) in InventoriesUSD | 11,975,000Source | 5,412,000Source | -2,360,534Source | 674,275Source |
| Increase (Decrease) in Accounts PayableUSD | 5,817,000Source | 8,413,000Source | 5,985,412Source | 473,073Source |
| Deferred Income Tax Expense (Benefit)USD | 0Source | 0Source | 1,512,332Source | -11,538,095Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 11,447,000Source | 28,392,000Source | 23,223,924Source | -40,784,553Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | — | -2,793,631Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -27,742,000Source | -10,294,000Source | -12,713,999Source | -29,200,673Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 27,179,000Source | 10,294,000Source | 12,309,356Source | 27,765,732Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 2,722,000Source | -13,699,000Source | 7,870,825Source | 30,061,897Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -13,573,000Source | 4,399,000Source | 18,380,750Source | -39,923,329Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 23,350,000Source | 36,923,000Source | 32,524,252Source | 14,143,502Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 4,527,000Source | 5,992,000Source | 7,394,786Source | 4,713,783Source |
| Income Taxes Paid, NetUSD | 2,458,000Source | 2,457,000Source | 4,829,638Source | 4,129,492Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 700,000Source | 700,000Source | 1,134,355Source | 977,998Source |
| Other Depreciation and Amortization | —Source | —Source | —Source | —Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | -2,070,000Source | 690,000Source | — | — |
| Gain (Loss) on InvestmentsUSD | — | — | — | -2,006,639Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -1,032,000Source | 0Source | -130,469Source | — |
| Gain (Loss) on Extinguishment of DebtUSD | -292,000Source | — | — | -489,647Source |
| General and Administrative ExpenseUSD | 64,098,000Source | 60,126,000Source | 52,913,911Source | 45,574,365Source |
| GoodwillUSD | — | 0Source | 0Source | 37,797,301Source |
| Goodwill and Intangible Asset ImpairmentUSD | — | — | — | 0Source |
| Goodwill, Impairment LossUSD | — | 0Source | 37,911,601Source | 5,850,772Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | 1,900,000Source | 6,300,000Source | 14,902,928Source | — |
| Income (Loss) from Equity Method InvestmentsUSD | 84,000Source | 14,000Source | -2,101,649Source | -2,006,639Source |
| Income Tax Expense (Benefit)USD | 11,934,000Source | 10,498,000Source | 9,943,382Source | -4,385,154Source |
| InterestExpenseNonoperatingUSD | 7,058,000Source | 9,184,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -29,659,000Source | 519,000Source | -98,269,418Source | -32,903,021Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 707,000Source | 202,000Source | 208,439Source | -61,675Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -45,058,000Source | -15,440,000Source | -116,711,906Source | -53,153,502Source |
| Nonoperating Income (Expense)USD | -485,000Source | 5,482,000Source | -38,588,834Source | 19,043,600Source |
| Operating ExpensesUSD | 93,493,000Source | 91,656,000Source | 130,497,638Source | 77,105,423Source |
| Operating Lease, Lease IncomeUSD | — | 0Source | — | — |
| Other Nonoperating Income (Expense)USD | 8,563,000Source | 238,000Source | -2,286,288Source | 252,822Source |
| Proceeds from Contributed CapitalUSD | — | — | — | 5,505,000Source |
| Proceeds from Contributions from ParentUSD | — | — | — | 3,060,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | 303,694Source |
| Proceeds from (Payments to) Noncontrolling InterestsUSD | -342,000Source | -109,000Source | -182,151Source | — |
| Proceeds from Stock Options ExercisedUSD | — | 2,194,000Source | — | 303,694Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | — | 84,873,992Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 181,984,000Source | 200,898,000Source | 160,835,847Source | 84,873,992Source |
| Cost of RevenueUSD | 105,024,000Source | 103,505,000Source | 79,866,972Source | 64,162,019Source |
| Operating Income (Loss)USD | -16,533,000Source | 5,737,000Source | -49,528,763Source | -56,393,450Source |
| Other Nonoperating Income (Expense)USD | 8,563,000Source | 238,000Source | -2,286,288Source | 252,822Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -17,018,000Source | 11,219,000Source | -88,117,597Source | -37,349,850Source |
| Income Tax Expense (Benefit)USD | 11,934,000Source | 10,498,000Source | 9,943,382Source | -4,385,154Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 707,000Source | 202,000Source | 208,439Source | -61,675Source |
| Net Income (Loss) Attributable to ParentUSD | -29,659,000Source | 519,000Source | -98,269,418Source | -32,903,021Source |
| Earnings Per Share, BasicUSD per share | -0.55Source | -0.21Source | -1.62Source | -0.83Source |
| Earnings Per Share, DilutedUSD per share | -0.55Source | -0.21Source | -1.62Source | -0.83Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 81,935,989Source | 75,229,075Source | 72,028,902Source | 64,182,436Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 81,935,989Source | 75,229,075Source | 72,028,902Source | 64,182,436Source |
| Interest Expense (non-operating)USD | 7,058,000Source | 9,184,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 700,000Source | 700,000Source | 1,134,355Source | 977,998Source |
| Current Income Tax Expense (Benefit)USD | 11,934,000Source | 10,498,000Source | 8,431,050Source | 7,152,941Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 15,000,000Source | 14,300,000Source | 13,492,771Source | 11,323,468Source |
| Gain (Loss) on InvestmentsUSD | — | — | — | -2,006,639Source |
| General and Administrative ExpenseUSD | 64,098,000Source | 60,126,000Source | 52,913,911Source | 45,574,365Source |
| Goodwill, Impairment LossUSD | — | 0Source | 37,911,601Source | 5,850,772Source |
| Gross ProfitUSD | 76,960,000Source | 97,393,000Source | 80,968,875Source | 20,711,973Source |
| Income (Loss) from Equity Method InvestmentsUSD | 84,000Source | 14,000Source | -2,101,649Source | -2,006,639Source |
| Interest ExpenseUSD | — | — | 9,818,733Source | 7,608,490Source |
| Interest Income, OtherUSD | 288,000Source | 0Source | 45,138Source | 56,468Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -45,058,000Source | -15,440,000Source | -116,711,906Source | -53,153,502Source |
| Nonoperating Income (Expense)USD | -485,000Source | 5,482,000Source | -38,588,834Source | 19,043,600Source |
| Operating ExpensesUSD | 93,493,000Source | 91,656,000Source | 130,497,638Source | 77,105,423Source |
| Operating Lease, Lease IncomeUSD | — | 0Source | — | — |
| Preferred Stock Dividends and Other AdjustmentsUSD | 15,399,000Source | 15,959,000Source | 18,442,488Source | 20,250,481Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | — | — | — | 84,873,992Source |
| Selling and Marketing ExpenseUSD | 2,669,000Source | 2,418,000Source | 2,837,764Source | 3,427,338Source |
Filing attachments
tm2628296d1_ex99-1.htm · 6-K · 2026-10-26
Exhibit 99.1 FORM 51-102F3 MATERIAL CHANGE REPORT Item 1. Name and Address of Company ──────────────────────────────────────────── Glass House Brands Inc. (the "Company") 3645 Long Beach Boulevard Long Beach, California 90807 Item 2. Date of Material Change ──────────────────────────────────────── October 19, 2026 Item 3. News Release ───────────────────────────── The news release disclosing the material change was disseminated by the Company on October 19, 2026 …
Read attachment ↗glas20261019ex991.htm · 6-K · 2026-10-19
Exhibit 99.1 Glass House Brands Reports Preliminary Unaudited Third Quarter Financial Results and Resignation of John Nichols Jr. from Board of Directors • Achieved Record Biomass Production of approximately 317,000 pounds and a further approximately 10% reduction in cost of production from the previous quarter • Reaffirms FY2026 approximately 1,000,000 lbs. Production Guidance and Long-Term Cost of Production Target of $95 per pound LONG BEACH, Calif. and TORONTO, October 19, 2026 - Glass…
Read attachment ↗tm2627228d1_ex99-1.htm · 6-K · 2026-10-09
Exhibit 99.1 FORM 51-102F3 MATERIAL CHANGE REPORT Item 1. Name and Address of Company ──────────────────────────────────────────── Glass House Brands Inc. (the "Company") 3645 Long Beach Boulevard Long Beach, California 90807 Item 2. Date of Material Change ──────────────────────────────────────── September 29, 2026 Item 3. News Release ───────────────────────────── The news release disclosing the material change was disseminated by the Company on September 29, …
Read attachment ↗tm2626459d1_ex99-1.htm · 6-K · 2026-09-29
Exhibit 99.1 Glass House Brands Announces Planned Retirement of Chief Financial Officer This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated June 10, 2026, to its short form base shelf prospectus dated June 10, 2026. LONG BEACH, Calif. and TORONTO, September 29, 2026 -- Glass House Brands Inc. (“Glass House” or the “Company”) (CBOE CA: GLAS. A.U) (NYSE: GLAS), one of the fastest-growing cannabis companies in the U.S., today an…
Read attachment ↗tm2624047d1_ex99-1.htm · 6-K · 2026-09-11
Exhibit 99.1 NOTICE OF CHANGE OF AUDITOR TO: Macias Gini & O'Connell LLP AND TO: BDO USA, P.C. AND TO: Ontario Securities Commission British Columbia Securities Commission Alberta Securities Commission Autorité Des Marchés Financiers Financial and Consumer Affairs Authority of Saskatchewan The Manitoba Securities Commission New Brunswick Financial and Consumer Services Co…
Read attachment ↗tm2624047d1_ex99-2.htm · 6-K · 2026-09-11
Exhibit 99.2 September 11, 2026 Ontario Securities Commission British Columbia Securities Commission Alberta Securities Commission Autorité Des Marchés Financiers Financial and Consumer Affairs Authority of Saskatchewan The Manitoba Securities Commission New Brunswick Financial and Consumer Services Commission Nova Scotia Securities Commission Prince Edward Island Office of the Superintendent of Securities Superintendent of Securities (Newfoundland and Labrador) Office of the Yukon Superinten…
Read attachment ↗