Glass House Brands Inc (GLAS) Stock Score, Valuation & Financial Research

Glass House Brands Inc is in the Healthcare sector and Drug Manufacturers - Specialty & Generic industry. It is reviewed using Wall Street Score's company-strength, valuation, growth and financial-health framework. A complete Wall Street Score is not currently available.

Quick answer for GLAS

Glass House Brands Inc does not currently have a complete Wall Street Score. The stored market price is USD 5.61. These figures are a research snapshot, not a buy or sell recommendation.

What Glass House Brands Inc does

Glass House Brands, Inc. operates as an integrated cannabis company in the United States with focus on the California market and building brands to serve consumers across various segments. The company is involved in greenhouse cultivation operations, manufacturing practices, brand-building, and retailing activities. The company offers its cannabis products through its portfolio of brands, which includes Glass House Farms, PLUS Products, Allswell, Forbidden Flowers, and Mama Sue Wellness. The company was founded by Kyle Kazan, Graham Farrar and Jocelyn Rosenwald in 2015 and is headquartered in Long Beach, CA.

Company business and revenue

Research reporting period: 2025-12-31. A research update is not a new financial filing.

How the company makes money

Glass House Brands operates as an integrated cannabis company focused on the cultivation, processing, and sale of cannabis products. The company generates revenue primarily through the wholesale of cannabis biomass and the sale of consumer packaged goods, including flower, pre-rolls, and cannabis oils, to both retail and wholesale markets.

Products and services

  • Cannabis flower (jars and bags), pre-rolls (single, multi-pack, and infused), cannabis oil, and biomass for distributors.

Brands and product families

  • Glass House Farms — Flagship brand providing cannabis flower and pre-rolls. Source
  • Allswell — Value brand catering to cost-conscious consumers. Source
  • REEFORM — Brand focused on social justice and cannabis reform. Source

Suppliers, materials and equipment

  • Cannabis cultivation and processing equipment suppliers — Various unnamed suppliers of agricultural and processing equipment used in greenhouse operations. Source

Business relationships and partnerships

  • Weldon Angelos — Commercial collaboration to launch the REEFORM brand, which aims to address injustices related to the War on Drugs. Source

Business strengths to evaluate

  • Large-scale greenhouse cultivation capacity Source

Business risks and research considerations

  • Regulatory and legal risks associated with the cannabis industry Source
  • Dependence on cultivation and processing licenses Source

Sources: Company research source · Glass House Farms · Allswell · Dependence on cultivation and processing licenses

Company research refreshed 2026-10-12. This is saved research, not a live check of company relationships. Check the reporting period and source disclosures. Financial figures and scores follow their separate update schedules.

GLAS financial snapshot

Statement amounts: USD. Quote amounts: USD. No exchange-rate conversion is performed in this snapshot. Market-capitalization currency is not supplied by this projection.

Wall Street Score:
Not currently available
Stored price:
USD 5.61
Market capitalization:
434.36M (currency not supplied)
Revenue:
USD 163.17M
Net income:
USD -50.58M
Free cash flow:
USD -15.73M
Cash:
USD 18.55M
Total debt:
USD 72.32M
EPS:
USD -0.65

What stands out

  • Reported year-over-year revenue growth is -10.3%.
  • Free cash flow is USD -15.73M, negative for the stored period.
  • The balance sheet shows USD 18.55M of cash versus USD 72.32M of total debt, with debt exceeding cash on these two reported measures.
  • The current research record carries a limited financial history warning, which should be reviewed alongside the score.

Company-specific financial comparisons

The following are calculated from saved company data, not forecasts or statements about future performance. Differences in reporting dates or units can make a ratio misleading; verify the original filings.

  • Free cash flow is -9.6% of stored revenue. This is a simple cross-field ratio, not a verified same-period cash conversion margin; confirm reporting periods before comparison.
  • Net income equals -31.0% of stored revenue. This is an indicative ratio only; accounting periods and units should be verified in filings.
  • Debt exceeds cash by USD 53.76M using the stored balance-sheet values. This does not include other obligations or restricted cash.

Questions worth answering for GLAS

Use these questions to check the stored figures against the latest company filings. They identify issues to investigate; they are not findings about management's plans or future results.

  • What is driving GLAS's revenue decline, and does the latest filing suggest the weakness is temporary or structural?
  • How long can GLAS fund negative free cash flow using its current cash position before it may need more debt or new shares?
  • Is GLAS's debt load manageable relative to cash generation, interest costs and upcoming maturities?
  • What specifically needs to improve for GLAS to reach sustainable profitability?
  • What does the current limited financial history warning mean for the reliability or interpretation of GLAS's score?

What the numbers mean

A complete valuation score is not currently available, so valuation should be checked using the available earnings, cash-flow and price data.

A complete financial score is not currently available, so investors should review cash, debt, earnings and cash flow directly.

A strong company and an attractive stock price are not always the same thing. Revenue, earnings, free cash flow, debt, management quality, competitive advantage and valuation should be considered together. Wall Street Score organizes these inputs into a consistent research framework so investors can identify what deserves deeper review.

Data freshness: Financial data last refreshed 2026-10-01.

Research-input completeness: 73% of the scoring inputs required for this public page are currently available.

How to research GLAS

Start by understanding how the company makes money. Then compare revenue and earnings trends, cash generation, debt, liquidity and valuation. Review the company's latest filings and earnings reports before acting on any score or model estimate.

Learn how to analyze a stock · Read the Wall Street Score methodology · Browse other stocks

Data may change as company filings and market prices update. Educational research only; not a buy or sell recommendation.