Recent Updates — GHBWF

Glass House Brands Inc. reported preliminary third-quarter revenue of $56.8 million and record biomass production of approximately 317,000 pounds. Cost of production fell to $110 per pound from $122 in the prior quarter, while gross profit was $14.9 million. The company raised $18 million through its At-The-Market offering program and maintains full-year production guidance of approximately 1 million pounds. Additionally, director John Nichols Jr. resigned from the board. Glass House operates as a cannabis cultivation and distribution company in California.

Glass House Brands announced the planned retirement of Chief Financial Officer Mark Vendetti on September 29, 2026. Mr. Vendetti will remain in his role through March 31, 2027, while the company initiates a search for his replacement. He joined the firm as CFO in 2021. Glass House Brands Inc. operates in the cannabis industry.

Glass House Brands Inc. announced the planned retirement of Chief Financial Officer Mark Vendetti, effective March 31, 2027. Mr. Vendetti will remain in his role through that date to ensure a smooth transition while the company initiates a search for his successor. He has served as CFO since joining the executive team five years ago. Glass House Brands Inc. operates in the cannabis industry, focusing on producing and distributing cannabis products primarily in California.