Cannabismarketcap

GLASNYSEMSO

Glass House Brands

United States#13 by Market Cap#6 in MSOActive
$3.65-0.04▼-1.22%USD

Glass House Brands (GLAS) is a multi-state cannabis operator (MSO) trading on the NYSE. The stock is currently priced at $3.65 with a market capitalization of $342.0M and trailing twelve-month revenue of $182.0M. The company reports a gross margin of 42.3%. View SEC filings ↗

Market Cap

$342.0M

Volume

16.6K

Prev Close

$3.69

52W High

$13.25

52W Low

$3.55

P/S Ratio

1.88

Shares Out

93.7M

Revenue

$182.0M

Gross Margin

42.3%

Cash

$23.4M

GLAS Price Chart

Trading Data

Previous Close$3.69
Open$3.66
Day Range$3.61 – $3.73
52-Week Range$3.55 – $13.25
$3.55$13.25
Volume16.6K
Avg Volume1.5M
Market Cap$342.0M
Enterprise Value$387.3M
Shares Outstanding93.7M
P/S Ratio1.88
Revenue Growth YoY-9.41%

Valuation Metrics

P/S Ratio (TTM)
1.88Below 5x
EV / Revenue
2.13xBelow 5x
Gross Margin
42.3%Strong margin profile
Revenue Growth YoY
-9.41%Revenue declining
Cash Runway
—
Debt-to-Equity
—

Financial Highlights

View Full Financials
R
Revenue TTM$182.0MTrailing twelve months
G
Gross Profit$77.0MRevenue x Margin
%
Gross Margin42.3%Strong profitability
$
Cash & Equivalents$23.4MAvailable liquidity
D
Total Debt$68.7MOutstanding obligations
N
Net Cash Position-$45.3MCash minus debt

GLAS Key Takeaways

  • Glass House Brands (GLAS) trades at $3.65 with a market cap of $342.0M, ranking #13 among 71 cannabis stocks.
  • Trailing twelve-month revenue is $182.0M, declining -9.41% year-over-year.
  • Gross margin stands at 42.3% — strong margin profile for a cannabis company.
  • Balance sheet shows $23.4M cash against $68.7M debt — net debt position.
  • Price-to-Sales ratio of 1.88x — below sector median, potentially undervalued.
  • Ranked #6 by market cap in the MSO sector. Trades on the NYSE exchange.

GLAS Stock Analysis

Glass House Brands (GLAS) is a multi-state cannabis operator (MSO) listed on the NYSE exchange, headquartered in the United States. With a current share price of $3.65 and a market capitalization of $342.0M, GLAS ranks #13 out of 71 publicly traded cannabis stocks tracked on Cannabismarketcap.

From a fundamental perspective, Glass House Brands reports trailing twelve-month revenue of $182.0M, representing a decline of -9.41% year-over-year. The company maintains a gross margin of 42.3%, which places it among the stronger operators in the cannabis space. At a price-to-sales multiple of 1.88x, the stock appears attractively valued relative to its revenue base.

The company's balance sheet shows $23.4M in cash and equivalents against $68.7M in total debt, leaving net debt of $45.3M. Investors looking for a deeper dive can explore GLAS's full financial statements including quarterly breakdowns and balance sheet history.

GLAS currently trades within a 52-week range of $3.55 to $13.25. Average daily trading volume stands at 16.6K shares.

Corporate Information

Company Name
Glass House Brands
Ticker Symbol
GLAS
Exchange
NYSE
Sector
MSOMulti-State Operator
Industry
—
Headquarters
United States
IPO / List Date
—
Employees
—
Website
—
Market Cap
$342.0M#13 in cannabis
Shares Outstanding
93.7M
Status
Active
Currency
USD

Share Structure

Shares Outstanding
93.7M
Market Cap
$342.0M
Enterprise Value
$387.3M
Avg Volume (30d)
1.5M
Dilution Rate
—

GLAS Price History

Investment Snapshot

Programmatic analysis based on available financial data. Not investment advice.

Market PositionPositive

Ranked #13 of 71 by market cap ($342.0M). Sector median: $32.4M.

Financial HealthNeutral

Net debt: $45.3M ($23.4M cash, $68.7M debt). Gross margin at 42.3%.

GrowthCaution

Revenue growth at -9.4% YoY. Sector median: +1.4%.

ValuationPositive

P/S ratio of 1.88x vs sector median of 0.76x. Potentially undervalued.

Cannabis Industry Context

Cannabis Industry Overview

The United States cannabis market is shaped by a patchwork of state-level legalization frameworks, creating a unique operating environment for multi-state operators (MSOs). Because cannabis remains a Schedule I substance under the federal Controlled Substances Act, MSOs face the punitive Section 280E of the Internal Revenue Code, which disallows standard business deductions and dramatically inflates effective tax rates. Despite these headwinds, MSOs have built vertically integrated operations spanning cultivation, manufacturing, and retail across dozens of limited-license states. The potential passage of the SAFE Banking Act — which would allow federally regulated banks to service state-legal cannabis businesses — remains one of the most closely watched catalysts in the sector. Until banking reform is enacted, MSOs rely on alternative lending, sale-leaseback arrangements, and private credit facilities that carry significantly higher costs of capital than those available to companies in federally legal industries. Market participants also monitor progress toward federal rescheduling or descheduling, which could unlock institutional investment, enable national exchange listings, and level the competitive playing field with Canadian licensed producers that already trade on major exchanges.

Glass House Brands in the Multi-State Operator (MSO) Landscape

Glass House Brands (GLAS) currently ranks #6 out of 23 publicly traded multi-state operator (mso) companies by market capitalization, with a market cap of $342.0M. The company reports trailing-twelve-month revenue of $182.0M, placing it below the sector median of $271.7M. The multi-state operator (mso) sector comprises 23 tracked companies, reflecting the broad competitive landscape within this segment of the cannabis industry.

The top companies in the multi-state operator (mso) sector by market capitalization are Curaleaf Holdings (CURLF) at $2.27B, Trulieve Cannabis (TRLV) at $1.94B, and Green Thumb Industries (GTBIF) at $1.54B. Glass House Brands competes within this group for market share, investor attention, and operational scale as the sector continues to mature.

Key Metrics at a Glance

Market Cap$342.0MSector median: $32.3M
▲
Revenue (TTM)$182.0MSector median: $271.7M
▼
Gross Margin+42.29%Sector median: +46.87%
▼
P/S Ratio1.9xSector median: 0.5x
▲

Regulatory & Risk Considerations

All cannabis investors should be aware that federal legalization status in the United States remains uncertain. While cannabis is legal for medical use in the majority of US states and for adult use in a growing number of jurisdictions, it remains classified as a Schedule I controlled substance at the federal level. This creates material legal, financial, and operational risks across the industry. For multi-state operators like Glass House Brands, the most immediate regulatory burdens include Section 280E of the Internal Revenue Code, which prevents cannabis businesses from deducting ordinary business expenses and can push effective tax rates above 70%. MSOs also face acute banking challenges: most federally chartered banks and credit unions will not open accounts for plant-touching companies, forcing reliance on cash operations, state-chartered institutions, or costly alternative financial services. Each state imposes its own licensing requirements, packaging standards, testing mandates, and operational rules, requiring MSOs to maintain separate compliance infrastructures in every market.

State-by-state compliance costs represent a significant and often underappreciated expense. Licensing fees, mandatory security systems, seed-to-sale tracking integration, local zoning approvals, and ongoing regulatory audits all contribute to a cost structure that is substantially higher than comparable consumer packaged goods businesses. Additionally, limited-license market structures — while providing competitive moats — create political risk if states later expand licensing availability. Investors should also monitor developments in interstate commerce, which could fundamentally reshape the competitive landscape by allowing product to flow across state lines.

Glass House Brands Stock Analysis

Glass House Brands (NYSE: GLAS) is a multi-state cannabis operator (MSO) currently trading at $3.65 per share with a market capitalization of $342.0M. The stock declined +1.22% in the most recent trading session on volume of 16.6K shares. Glass House Brands is headquartered in the United States and employs approximately 0 people. As a participant in the multi-state operator (mso) segment, the company operates within one of the most dynamic and rapidly evolving sectors of the North American economy.

On the revenue front, Glass House Brands generated $182.0M in trailing twelve-month (TTM) revenue, reflecting year-over-year growth of -9.4%. This growth rate is trailing the MSO sector average of +20.3%. Glass House Brands maintains a moderate gross margin of 42.3%, indicating the company is generating positive gross profit on its sales, though operational profitability may still be a work in progress. Revenue trends in the cannabis industry are closely watched by analysts, as the sector continues to navigate pricing compression, oversupply dynamics in certain markets, and the ongoing burden of IRS Section 280E, which prevents cannabis businesses from deducting ordinary business expenses at the federal level.

From a valuation perspective, Glass House Brands trades at a price-to-sales (P/S) ratio of 1.88x, which is above the sector median of 0.55x, suggesting the market is pricing in higher growth expectations or a premium for Glass House Brands's market position. The enterprise value-to-revenue (EV/Revenue) multiple stands at 3.59x. Cannabis stock valuations have compressed significantly from their 2021 highs, and current multiples reflect a more mature market environment where investors demand clear paths to profitability. For context, the broader MSO sector contains 23 publicly traded companies tracked by Cannabismarketcap, and Glass House Brands's valuation should be considered within the context of its specific growth profile and competitive positioning.

Glass House Brands carries net debt of $45.3M, with $68.7M in total debt against $23.4M in cash and equivalents. Access to capital remains a persistent challenge for cannabis companies, particularly plant-touching operators that are excluded from traditional banking services and institutional lending. Many cannabis companies have turned to sale-leaseback transactions, private placements, and at-the-market (ATM) equity offerings to fund operations. Glass House Brands's balance sheet should be evaluated with these industry-specific constraints in mind.

Key risk factors for Glass House Brands investors include the ongoing federal prohibition of cannabis in the United States, which creates regulatory uncertainty and limits access to capital markets. The stock currently trades at $3.65, which is 1% of the way between its 52-week low of $3.55 and its 52-week high of $13.25. Additional industry-wide risks include potential state-level regulatory changes, evolving consumer preferences, price compression from increased competition, and the impact of illicit market activity on legal operators. The Section 280E tax burden continues to weigh on cannabis company profitability, and any federal rescheduling or descheduling of cannabis would be a significant catalyst for the entire sector.

The cannabis industry is at a pivotal juncture, with potential federal reform, state-level market expansion, and increasing institutional interest all shaping the investment landscape. Glass House Brands, with its $342.0M market cap and $182.0M revenue base, is positioned as a mid-sized player in the multi-state operator (mso) space. Investors considering GLAS should weigh the company's financial metrics against the broader opportunity set within the cannabis sector, which includes 71 publicly traded companies tracked on Cannabismarketcap with a combined market capitalization measured in the tens of billions of dollars.

GLAS Price Performance

Glass House Brands (GLAS) currently trades at $3.65, which places the stock at approximately 1% of its 52-week trading range. Over the past twelve months, GLAS has traded as high as $13.25 and as low as $3.55, representing a 273.0% spread between the yearly high and low. The current price sits 72.5% below the 52-week high and 2.6% above the 52-week low. This range provides important context for understanding the stock's recent volatility and where current levels fall within the broader price history.

In the most recent trading session, GLAS fell +1.22% from a previous close of $3.69 to $3.65, on volume of 16.6K shares. This negative session is within the range of normal daily fluctuations for cannabis stocks, which tend to exhibit higher volatility than the broader equity market. The stock has 93,684,991 shares outstanding, giving it a fully diluted market capitalization that investors should factor into their analysis alongside the current $342.0M market cap figure.

Cannabis stocks have historically exhibited significant price volatility driven by regulatory developments, earnings surprises, and shifts in market sentiment toward the sector. GLAS is trading in the lower portion of its 52-week range, which could represent a value opportunity for contrarian investors, or may reflect deteriorating fundamentals that warrant caution. Historical price levels should be considered alongside fundamental data — including revenue trends, margin improvement, and balance sheet health — to form a complete investment thesis.

How to Invest in Glass House Brands

Glass House Brands (GLAS) is listed on the New York Stock Exchange (NYSE), the world's largest stock exchange by market capitalization. NYSE-listed stocks are widely accessible through all major brokerage platforms and trading apps. To purchase shares of GLAS, you will need a brokerage account that supports trading on the NYSE. The stock currently trades at $3.65 per share with an average daily volume of 16.6K shares, which provides limited liquidity for most retail investors. When placing an order, consider using limit orders rather than market orders to control your entry price, especially during periods of high volatility.

Investors evaluating Glass House Brands should closely monitor several key financial metrics. The company's trailing twelve-month revenue of $182.0M and year-over-year revenue growth of -9.4% provide insight into top-line momentum. The gross margin of 42.3% indicates how efficiently the company converts revenue into gross profit. Glass House Brands holds $23.4M in cash and equivalents against $68.7M in total debt. The price-to-sales ratio of 1.88x and enterprise value-to-revenue of 3.59x help contextualize the stock's valuation relative to its revenue generation. Watch quarterly earnings reports for trends in these metrics, as well as any changes to guidance or strategic direction.

When comparing Glass House Brands to other cannabis investments, consider the company's sector (Multi-State Operator (MSO)), geographic focus (United States), and stage of growth. As a mid-cap cannabis company, Glass House Brands balances growth potential with a degree of operational maturity. The cannabis sector is highly fragmented, and understanding where a company fits within the broader competitive landscape — including its market share, geographic footprint, and product differentiation — is essential for making informed investment decisions.

Important risk disclosure: Cannabis stocks carry unique risks beyond those of typical equity investments. Federal illegality in the United States creates regulatory, banking, and tax challenges (particularly Section 280E). State-by-state legalization creates a patchwork of market opportunities and compliance requirements. Cannabis companies frequently issue additional shares to fund operations, which dilutes existing shareholders. Past performance is not indicative of future results, and investors should only allocate capital they can afford to lose. This content is for informational purposes only and does not constitute investment advice. Always conduct your own due diligence and consider consulting a financial advisor before investing in cannabis stocks.

Compare GLAS With Peers

CompanyPriceChange %Mkt CapRevenueMarginP/S
GLAS$3.65-1.22%$342.0M$182.0M42.3%1.88
CURLF$8.54-0.18%$2.27B$1.27B49.8%1.79
TRLV$10.06+0.95%$1.94B$1.14B59.5%1.70
GTBIF$6.34-0.37%$1.54B$1.21B46.9%1.27
VREOF$9.00-1.21%$410.3M$511.7M48.6%0.80
VRNO$5.15+0.11%$376.5M$835.5M47.8%0.45

Related MSO Stocks

Frequently Asked Questions

What is Glass House Brands's (GLAS) stock price today?▼

Glass House Brands (GLAS) stock is currently trading at $3.65 per share on the NYSE exchange. This represents a daily decline of -1.22% ($0.0450) from the previous closing price of $3.69. Over the past 52 weeks, GLAS has traded between a low of $3.55 and a high of $13.25, placing the current price at approximately -72% from its annual high. The stock has a market capitalization of $342.0M, making it a notable cannabis companies tracked by Cannabismarketcap. Glass House Brands operates in the MSO sector, serving the broader cannabis industry.

What is Glass House Brands's market capitalization?▼

Glass House Brands (GLAS) has a current market capitalization of $342.0M, calculated by multiplying its 93.7M shares outstanding by the current stock price of $3.65. Market capitalization is a key measure of a company's total equity value as perceived by the public market, and it places Glass House Brands among the mid-cap cannabis companies tracked on Cannabismarketcap. For context, the enterprise value (market cap plus debt minus cash) stands at $387.3M, which accounts for the company's balance sheet structure. Investors often use market cap alongside revenue and profitability metrics to assess relative valuation within the cannabis sector.

Is Glass House Brands profitable?▼

Glass House Brands (GLAS) currently reports a gross margin of 42.3%, which means the company retains 42.3 cents of every revenue dollar after direct costs of goods sold. On trailing twelve month revenue of $182.0M, this translates to an estimated gross profit of approximately $77.0M. Profitability is a critical factor in the cannabis industry, where many companies are still investing heavily in growth and regulatory compliance. Investors should review the full income statement, cash flow trends, and operating expense breakdown on Cannabismarketcap for a complete picture of Glass House Brands's financial health.

What is Glass House Brands's annual revenue?▼

Glass House Brands (GLAS) reports trailing twelve month (TTM) revenue of $182.0M, reflecting the total sales generated by the company over the most recent four quarters. Revenue has changed -9.41% year-over-year, reflecting a contraction in top-line performance relative to the prior period. The current price-to-sales ratio is 1.88x, which means investors are paying $1.88 for every $1 of annual revenue — a relatively low valuation in the context of the cannabis sector. Revenue is one of the most closely watched metrics for cannabis companies, as many are still scaling operations in a rapidly evolving regulatory environment. View the full income statement and quarterly revenue breakdown on Cannabismarketcap for detailed trend analysis.

What are Glass House Brands's key financial metrics?▼

Glass House Brands (GLAS) reports several important financial metrics that investors track closely. The company has a market capitalization of $342.0M, trailing twelve month revenue of $182.0M, and a gross margin of 42.3%. Glass House Brands holds $23.4M in cash and equivalents against $68.7M in total debt. Total debt equals 0.20x market capitalization. The price-to-sales ratio stands at 1.88x, while the enterprise value to revenue multiple is 3.59x. With 93.7M shares outstanding, investors should consider both the fundamental financial performance and share structure when evaluating GLAS.

What exchange is GLAS listed on?▼

Glass House Brands trades under the ticker symbol GLAS on the NYSE exchange, and the stock is denominated in US dollars (USD). Shares can typically be purchased through most standard brokerage accounts. The stock sees average daily trading volume of approximately 16.6K shares, which is an important consideration for liquidity and the ability to enter or exit positions without significant price impact.

What sector is Glass House Brands in?▼

Glass House Brands is classified as a multi-state cannabis operator (MSO), meaning it operates as a multi-state operator with cannabis cultivation, processing, and retail operations across multiple US states. The MSO sector is a key segment of the cannabis market, and investors often compare companies within the same sector to identify relative outperformers. You can compare GLAS with other MSO stocks on Cannabismarketcap's sector page to see how it ranks on metrics like market cap, revenue, and margins.

What is Glass House Brands's gross margin?▼

Glass House Brands (GLAS) has a gross margin of 42.3%, which represents the percentage of revenue the company retains after paying for the direct cost of goods sold. On trailing twelve month revenue of $182.0M, this translates to an estimated gross profit of approximately $77.0M. Gross margin is a critical profitability indicator in the cannabis industry, where companies face unique cost pressures from regulatory compliance, testing requirements, and the tax burden of IRC Section 280E (which prevents cannabis companies from deducting standard business expenses). A moderate gross margin like Glass House Brands's suggests the company has pricing power and operational efficiency relative to peers.

How does GLAS compare to other cannabis stocks?▼

You can compare Glass House Brands (GLAS) side-by-side with any cannabis stock on Cannabismarketcap using the dedicated comparison tool. Key comparison metrics include market cap ($342.0M), trailing twelve month revenue ($182.0M), gross margin (42.3%), price-to-sales ratio (1.88x). Glass House Brands sits in the MSO sector, so the most relevant peer comparisons would be against other MSO companies, though cross-sector comparisons can also reveal interesting insights about relative valuation. Visit the rankings page to see where GLAS stands across all cannabis companies on metrics like revenue growth (-9.41% YoY), cash position ($23.4M), and employee count (N/A).

What is GLAS's 52-week trading range?▼

Glass House Brands (GLAS) has traded between a 52-week low of $3.55 and a 52-week high of $13.25, with the current price of $3.65 sitting approximately -72% from the annual high. This range represents a spread of $9.70 (273% from low to high), which reflects the volatility the stock has experienced over the past year. The 52-week range is a commonly used technical indicator that helps investors understand whether a stock is trading near the top or bottom of its recent range, and it can inform decisions about entry and exit points. Cannabis stocks in general tend to exhibit higher volatility than broader market indices due to evolving regulations and market sentiment.

How does Glass House Brands's valuation compare to cannabis industry peers?▼

Glass House Brands (GLAS) is valued at a market capitalization of $342.0M with a price-to-sales ratio of 1.88x, and an enterprise value of $387.3M. The EV/Revenue multiple of 3.59x provides a debt-adjusted view of valuation relative to sales, which is particularly important for comparing companies with different capital structures. In the cannabis industry, valuations can vary significantly depending on sector (MSO, LP, Ancillary, etc.), growth rate, and path to profitability. Glass House Brands's current revenue trajectory of -9.41% YoY may result in a lower valuation relative to faster-growing peers. Investors can use the Cannabismarketcap rankings and comparison tools to benchmark GLAS against specific competitors on valuation multiples, growth rates, and profitability.

What is Glass House Brands's enterprise value?▼

Glass House Brands (GLAS) has an estimated enterprise value (EV) of $387.3M, which is calculated by taking the market capitalization of $342.0M, adding total debt of $68.7M, and subtracting cash and equivalents of $23.4M. Enterprise value is widely considered a more comprehensive measure of a company's total value than market cap alone because it accounts for the capital structure, including debt obligations and available liquidity. The resulting EV/Revenue ratio of 3.59x allows for an apples-to-apples comparison with peers regardless of differences in leverage. For cannabis companies in particular, where balance sheet health varies dramatically, enterprise value provides a more accurate picture of acquisition cost and relative valuation.

Is Glass House Brands stock overvalued or undervalued?▼

Determining whether Glass House Brands (GLAS) is overvalued or undervalued requires analyzing multiple valuation metrics in context. The current price-to-sales ratio of 1.88x is relatively low for a cannabis company, which could suggest the stock is undervalued or that the market has concerns about future growth. The stock is currently trading at $3.65, which is -72% from its 52-week high of $13.25, with a gross margin of 42.3% and revenue growth of -9.41% YoY. Investors should consider the company's enterprise value of $387.3M, its cash position of $23.4M, and the broader cannabis industry outlook when forming a valuation opinion. Cannabismarketcap provides all the data needed for a thorough analysis, but this information should not be considered investment advice.

What are the risks of investing in Glass House Brands?▼

Investing in Glass House Brands (GLAS) carries several risks that investors should carefully consider. First, the cannabis industry remains federally illegal in the United States, creating regulatory uncertainty that can impact stock prices, banking access, and tax obligations (notably IRC Section 280E). Second, Glass House Brands's balance sheet shows $68.7M in total debt against $23.4M in cash, which investors should monitor for dilution risk or liquidity concerns. Additionally, the stock has shown a 52-week range of $3.55 to $13.25, reflecting meaningful price volatility. As with all cannabis stocks, investors face risks from changing state regulations, competitive pressures, and the evolving legal landscape. This information is for educational purposes only and is not investment advice.

What is Glass House Brands's cash position and debt level?▼

Glass House Brands (GLAS) holds $23.4M in cash and equivalents on its balance sheet, set against $68.7M in total debt. This gives the company a net debt position of $45.3M. Balance sheet strength is especially important in the cannabis industry, where companies often face limited access to traditional banking and capital markets. Investors should track these metrics over time on Cannabismarketcap to identify trends in cash consumption and debt management.

How many shares outstanding does Glass House Brands have?▼

Glass House Brands (GLAS) currently has 93.7M shares outstanding, which when multiplied by the current stock price of $3.65 gives the company its market capitalization of $342.0M. Share count is important because all per-share metrics (earnings per share, book value per share, etc.) are directly impacted by changes in shares outstanding. Cannabis companies frequently issue new shares to raise capital, so monitoring dilution trends on Cannabismarketcap is recommended for long-term investors.

Does Glass House Brands pay a dividend?▼

Most cannabis companies, including Glass House Brands (GLAS), do not currently pay dividends. The cannabis industry is still in a growth phase, and companies typically reinvest available capital into expanding operations, securing new licenses, building out retail and cultivation infrastructure, and navigating complex regulatory requirements. Additionally, the IRC Section 280E tax burden significantly reduces the free cash flow available for shareholder distributions. Investors in cannabis stocks should generally expect returns to come from capital appreciation rather than dividend income. If Glass House Brands initiates a dividend in the future, it would be reported in their SEC filings and reflected on Cannabismarketcap.

How can I research Glass House Brands stock before investing?▼

To research Glass House Brands (GLAS) before investing, start with the company overview on Cannabismarketcap, which provides current price ($3.65), market cap ($342.0M), and key financial metrics. Next, review the full financial statements page for quarterly revenue trends, margins, and balance sheet details. Check the analyst ratings page for Wall Street consensus and price targets, and the technical analysis page for chart patterns and momentum indicators. Compare GLAS against sector peers using the comparison tool to understand relative valuation. Review recent news coverage for regulatory developments or corporate events. Finally, read the investment analysis page for a comprehensive deep-dive. Cannabis investing carries unique risks including federal illegality, regulatory uncertainty, and limited banking access — always conduct thorough due diligence before making any investment decision.

What does Glass House Brands's market cap of $342.0M mean?▼

Glass House Brands's market capitalization of $342.0M represents the total market value of all its outstanding shares (93.7M shares multiplied by the current stock price of $3.65). Market cap is the primary measure investors use to classify companies by size: mid-cap companies ($100M–$1B) like Glass House Brands offer a balance between growth potential and stability. In the cannabis sector, market cap is especially important because it determines index weighting, institutional investment eligibility, and often correlates with the company's operational scale and geographic reach. Glass House Brands currently ranks # among cannabis stocks tracked on Cannabismarketcap.

What regulatory risks does Glass House Brands face?▼

Glass House Brands (GLAS), like all cannabis companies, faces significant regulatory risks that investors should understand. At the federal level, cannabis remains a Schedule I controlled substance in the United States, which restricts banking access, prevents standard business expense deductions under IRC Section 280E, and creates legal uncertainty. As a multi-state operator, Glass House Brands must comply with different regulatory frameworks in each state where it operates, and any changes to state licensing rules, tax rates, or market structure can directly impact revenue and profitability. Potential catalysts include federal rescheduling (which could ease 280E burdens), the SAFE Banking Act (which would improve banking access), and individual state legalization events. Conversely, regulatory setbacks such as license moratoriums, increased enforcement, or unfavorable tax policy changes pose downside risks. Investors should monitor legislative developments closely using Cannabismarketcap's news and legalization tracker.

Glass House Brands (GLAS) is a multi-state cannabis operator (MSO) listed on the NYSE exchange, headquartered in the United States. With a market capitalization of $342.0M, Glass House Brands ranks #13 among all 71 publicly traded cannabis companies tracked on Cannabismarketcap. The stock is currently trading at $3.65, representing a loss of -1.22% today on volume of 16.6K shares. For real-time price tracking and analysis, see our financial statements.

Investors researching GLAS can access detailed financial data including revenue, margins, and balance sheet metrics. The company reported $182.0M in trailing twelve-month revenue with a gross margin of 42.3% and year-over-year revenue growth of -9.41%. For broader market context, explore the MSO sector overview, browse all NYSE-listed cannabis stocks, or view the market cap rankings, revenue rankings, and P/S ratio rankings. Use the stock screener to filter cannabis stocks by any metric.

Compare Glass House Brands head-to-head with other cannabis stocks using our comparison tool. Popular comparisons include GLAS vs CURLF, GLAS vs TRLV, and GLAS vs GTBIF. Track GLAS alongside the entire cannabis market with Cannabismarketcap's comprehensive gross margin rankings, cash position rankings, and valuation rankings.

Cannabismarketcap tracks every publicly traded cannabis company with real-time pricing, detailed financials, and programmatic analysis to help investors make informed decisions.

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Disclaimer

The information on this page is provided for informational purposes only and does not constitute financial advice, investment recommendations, or an offer to buy or sell securities. Cannabismarketcap is not a registered broker-dealer or investment advisor. All data, including stock prices, market capitalizations, financial metrics, and analysis for Glass House Brands (GLAS), is provided “as is” without warranty of any kind. Past performance does not guarantee future results. Cannabis stocks are highly volatile and carry significant risk, including the potential for total loss of investment. Marijuana remains illegal under federal law in the United States. Always conduct your own due diligence and consult a qualified financial advisor before making investment decisions. Data may be delayed or inaccurate. See our terms of service and privacy policy for more information.