- CEO
- Kyle D. Kazan
- Full Time Employees
- 321
- Sector
- Healthcare
- Industry
- Drug Manufacturers - Specialty & Generic
- Address
- 3645 Long Beach Boulevard Long Beach Canada 90807
- IPO Date
- Sep 11, 2020
- Business
- Glass House Brands Inc. is a vertically integrated cannabis company primarily focused on the California market, founded in 2015 and headquartered in Long Beach, California. The company cultivates, manufactures, and distributes a wide range of cannabis products including flower under the Glass House Farms brand; cannabis edibles through its acquired brand PLUS Products; wellness products under Mama Sue Wellness; and other branded cannabis products like Allswell, Forbidden Flowers, and Field. Its operations include greenhouse cultivation facilities in Southern California, comprehensive manufacturing capabilities, and a retail network encompassing cannabis dispensaries. Recent major developments include Glass House’s completion of a $50 million preferred equity refinancing to strengthen its balance sheet and improve cash flow; scaling back some production and delaying parts of its greenhouse retrofits including the hemp expansion effort; progressing on Phase III expansions at its flagship SoCal farm; and launching new commercial hemp cultivation trials in collaboration with the University of California, Berkeley. The company also completed the acquisition of PLUS Products, a leading cannabis edibles brand in California, expanding its product portfolio and distribution footprint significantly. Glass House Brands is publicly traded under ticker symbols GLASF and GHBWF and positions itself as one of the largest flower and edibles providers in California, aiming to sustainably scale its premium cannabis offerings across the U.S. market.