Glass House Brands (OTC:GLASF) Stock Quotes, Forecast and News Summary

Q: What sector and industry does Glass House Brands (GLASF) operate in?

Glass House Brands is in the Consumer Staples sector and Personal Products industry. They are listed on the OTCQX.

Glass House Brands Stock (OTC: GLASF) stock price, news, charts, stock research, profile.

Open	$9.30
Close	$9.38
Volume / Avg.	59.30K / 114.74K
Day Range	$9.30 - $9.50
52 Wk Range	3.65 - 10.50
Market Cap	$697.60M
P/E Ratio	-
Dividend Yield	-
Exchange	OTC
RSI	0
Short Interest	-
Days to Cover	1.07

Recent News

Why Are So Many California Cannabis Companies Switching To Hemp Products?

California cannabis companies are transitioning to hemp for fewer regulations and broader markets. Should regulators ensure fair treatment?

Rolando García

California Company Led By Ex-Police Officer-Turned- Cannabis CEO Could Pivot Into Hemp Space

Glass House Brands Inc. (OTCQX: GLASF) (OTC: GHBWF) would likely diversify its business by pivoting into the hemp sector, reported Green Market's John Schroyer, citing the company's leadership. During the second quarter earnings call held on the heels of the company's earnings report being made public last week revealing a record-setting second quarter for 2024, with revenue reaching $53.9 million, up by 21% year-over-year, Kyle Kazan, Glass House's co-founder, chairman and CEO, shed more light on the company's plans. "We are actively having meetings with large distributors of hemp-derived cannabis, and we are considering DTC, or direct-to-consumer products, shipped from our farm in Southern California directly to people in the states which legally allow it," Kazan said. He recently urged top officials to de-schedule marijuana on the federal level, added a final decision is yet to be made.

Jelena Martinovic

Size Matters: Glass House's 150,000-Pound Harvest Drives Record $53.9M Revenue In Q2 2024

Glass House Brands (OTC: GLASF) reported a record-setting second quarter for 2024, with revenue reaching $53.9 million, marking a 21% year-over-year increase.

Nicolás Jose Rodriguez

Financials

Quarterly

Annual

Name

Revenue Change
Gross Change
EBITDA Change
EBIT Change
Earnings Change

Analyst Rating and Forecast

4.0

Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

About Glass House Brands Inc

Sector

Consumer Staples

Industry

Personal Products

Glass House Brands Inc is an integrated cannabis company that operates exclusively in the state of C...

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EPS worse than industry

Earnings Per Share

EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.

Earnings Per Share

EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.

EPS worse than industry

FAQ

How do I buy Glass House Brands (GLASF) stock?

You can purchase shares of Glass House Brands (OTCQX:GLASF) through any online brokerage.

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Who are Glass House Brands (GLASF) competitors?

There are no as such competitors for Glass House Brands.

What is the forecast, or price target, for Glass House Brands (GLASF) stock?

Glass House Brands has a consensus price target of $6.00.

What is the current price for Glass House Brands (GLASF)?

The stock price for Glass House Brands (OTCQX: GLASF) is $8.59 last updated September 9, 2024 at 9:18 AM EDT.

Does Glass House Brands (GLASF) pay a dividend?

There are no upcoming dividends for Glass House Brands.

When is Glass House Brands (OTCQX:GLASF) reporting earnings?

Glass House Brands does not have any upcoming earnings scheduled.

Is Glass House Brands (GLASF) going to split?

There is no upcoming split for Glass House Brands.

What sector and industry does Glass House Brands (GLASF) operate in?

Glass House Brands is in the Consumer Staples sector and Personal Products industry. They are listed on the OTCQX.

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