Glass House Brands Schedules Conference Call to Discuss 2024 Financial Results

LOS ANGELES- Glass House Brands Inc., a vertically integrated cannabis company, has announced plans to release its financial results for the fourth quarter and full year ending December 31, 2024. The company will host a conference call on March 25, 2025, at 5:00 p.m. Eastern Time to discuss these results. ​

Participation Details:

• Webcast Access: A live webcast of the conference call will be available on the Glass House Brands website under the “News & Events” section. ​

• Dial-In Information: Participants can join the call by dialing 1.800.715.9871 (toll-free) or +1.646.307.1963 (international) and entering the Conference ID 5311439#. ​

• Replay Availability: The webcast will be archived on the company’s website for approximately 30 days following the live event.

Company Overview:

Glass House Brands focuses on the California market, offering a portfolio that includes brands such as Glass House Farms, PLUS Products, Allswell, and Mama Sue Wellness. The company operates retail dispensaries across California, including The Farmacy, Natural Healing Center, and The Pottery. ​

Recent Financial Guidance:

On February 11, 2025, Glass House Brands provided updated guidance for Q4 and full-year 2024:​

• Revenue: Expected to be between $52 million and $54 million for Q4, and $200 million to $202 million for the full year, representing a 25% year-over-year increase at the midpoint.​

• Adjusted EBITDA: Anticipated to be between $7 million and $9 million for Q4, and $38 million to $40 million for the full year, marking a 59% year-over-year increase at the midpoint.​

• Cash Position: Year-end cash and restricted cash are projected to be approximately $37 million. ​