Glass House Brands Marks Milestone as First U.S. Cannabis Stock Tradable on Robinhood

LOS ANGELES – Glass House Brands Inc. began trading on the Robinhood app this week, opening the door for a broader swath of retail investors to access shares in a vertically integrated multistate Cannabis operator.

The listing, effective October 13, positions Glass House as the first major American Cannabis company whose stock can be bought and sold through the commission-free platform. Previously, brokerages including Robinhood had limited availability for such tickers due to their over-the-counter status and federal restrictions on Cannabis. While Curaleaf Holdings has appeared on Robinhood’s web interface, it remained non-tradable. Glass House’s entry changes that equation for users of the app, which boasts more than 25 million funded accounts.

The news triggered an immediate market response. Shares closed up 6.9% at $8.71 on October 13, touching a 12-month high amid heightened trading volume. By Wednesday, the stock traded around $8.50, reflecting sustained interest. Investors call this move a massive potential unlock, estimating access to 50% to 60% more buyers who skew toward progressive sectors like Cannabis.

For Glass House, the Robinhood debut bolsters a strategy centered on California, the largest U.S. market, where it holds about 6% share. Besides, it won’t rewrite the rulebook overnight [regulatory hurdles loom large], but it hands the Cannabis operator the keys to a younger, tech-savvy investor base. However, the tape will tell the full story.