Glass House Brands Inc. (GLAS)Healthcare | Drug Manufacturers - Specialty & Generic | Long Beach, United States | NYSE
3.69 USD
-0.16
(-4.156%) ⇩
(Oct. 14, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 2:42 a.m. EDT
Glass House Brands presents a catastrophic investment case driven by deteriorating fundamentals and a complete lack of speculative interest. The company is hemorrhaging cash, reporting negative free cash flow and operating cash flow, while simultaneously posting negative revenue growth and negative earnings. The balance sheet is fragile, with debt significantly outweighing cash reserves. Crucially, the market has rejected this entity entirely; there is zero call volume in the options chain, indicating that no traders believe the stock can rally, while put buyers are actively positioning for further declines. With a price-to-book ratio of over 5 despite negative equity generation and a history of underperformance relative to moving averages, this is a value trap with no catalyst for recovery visible in the data. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.126251 |
| AutoETS | 0.127658 |
| AutoARIMA | 0.128944 |
| AutoTheta | 0.134070 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 24% |
| H-stat | 60.90 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.009 |
| Excess Kurtosis | 0.87 |
| Attribute | Value |
|---|---|
| Sector | Healthcare |
| Debt to Equity Ratio | 43.794 |
| Revenue per Share | 2.069 |
| Market Cap | 347,754,848 |
| Forward P/E | 16.40 |
| Beta | 0.77 |
| Profit Margins | -29.50% |
| Previous Name | Mercer Park Brand Acquisition Corp. |
| Website | https://glasshousebrands.com |
As of Oct. 10, 2026, 2:42 a.m. EDT: Speculators are overwhelmingly bearish, with zero call volume across all expirations and significant put buying concentrated in the money strikes. The lack of any call positioning suggests a complete absence of bullish conviction, while the heavy put activity indicates a strong expectation of further downside or a desire to hedge against the company's precarious financial situation.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.56100345 |
| Address1 | 3,645 Long Beach Boulevard |
| All Time High | 13.99 |
| All Time Low | 1.78 |
| Ask | 0.0 |
| Ask Size | 500 |
| Average Daily Volume10 Day | 2,636,820 |
| Average Daily Volume3 Month | 919,530 |
| Average Volume | 919,530 |
| Average Volume10Days | 2,636,820 |
| Beta | 0.774 |
| Bid | 0.0 |
| Bid Size | 500 |
| Book Value | 0.816 |
| City | Long Beach |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 3.69 |
| Current Ratio | 1.334 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 4.0 |
| Day Low | 3.5524 |
| Debt To Equity | 43.794 |
| Display Name | Glass House Brands |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,786,654,800 |
| Earnings Call Timestamp Start | 1,786,654,800 |
| Earnings Timestamp | 1,786,651,200 |
| Earnings Timestamp End | 1,794,427,200 |
| Earnings Timestamp Start | 1,794,427,200 |
| Ebitda | -24,214,000 |
| Ebitda Margins | -0.13682 |
| Enterprise To Ebitda | -20.402 |
| Enterprise To Revenue | 2.791 |
| Enterprise Value | 494,018,848 |
| Eps Current Year | -0.225 |
| Eps Forward | 0.225 |
| Eps Trailing Twelve Months | -0.71 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 20 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 8.0594 |
| Fifty Day Average Change | -4.3693995 |
| Fifty Day Average Change Percent | -0.5421495 |
| Fifty Two Week Change Percent | -56.100346 |
| Fifty Two Week High | 13.93 |
| Fifty Two Week High Change | -10.24 |
| Fifty Two Week High Change Percent | -0.7351041 |
| Fifty Two Week Low | 3.5524 |
| Fifty Two Week Low Change | 0.13759995 |
| Fifty Two Week Low Change Percent | 0.03873436 |
| Fifty Two Week Range | 3.5524 - 13.93 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,563,456,600,000 |
| Float Shares | 73,900,260 |
| Forward Eps | 0.225 |
| Forward P E | 16.400002 |
| Free Cashflow | -19,790,376 |
| Full Exchange Name | NYSE |
| Full Time Employees | 357 |
| Fullday Change | -0.24000001 |
| Fullday Change Percent | -5.882353 |
| Fullday Price | 3.69 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.31811002 |
| Gross Profits | 56,297,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.07379 |
| Held Percent Institutions | 0.1989 |
| Implied Shares Outstanding | 94,242,505 |
| Industry | Drug Manufacturers - Specialty & Generic |
| Industry Disp | Drug Manufacturers - Specialty & Generic |
| Industry Key | drug-manufacturers-specialty-generic |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Glass House Brands Inc., together with its subsidiaries, operates as an integrated cannabis company in the United States. It operates through three segments: Retail; Wholesale Biomass; and Cannabis-Related Consumer Packaged Goods. The Retail segment owns, and operates retail cannabis stores, and dispensary operation management services. The Wholesale Biomass segment includes propagation, nursery, flowering canopy, dries, processes, and distributes cannabis biomass. The Cannabis-Related Consumer Packaged Goods segment manufactures, extracts, infuse, conversion, packaging, and distributes cannabis products. The company cultivates, manufactures, and distributes cannabis bulk flowers and trims to wholesalers; and consumer packaged goods to third-party retail stores in California. It also offers raw cannabis, cannabis oil, and cannabis consumer goods; edibles; flower jars and bags; single, multi-pack, and infused pre-rolls; tinctures; biomass for distributors; and online payment processing, in-store pickup and home delivery services for adult-use and medicinal-use customers. The company serves its cannabis products under the Glass House Farms, PLUS, Allswell, REEFORM, and Mama Sue brand names. Glass House Brands Inc. was founded in 2015 and is headquartered in Long Beach, California. |
| Long Name | Glass House Brands Inc. |
| Market | us_market |
| Market Cap | 347,754,848 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_613333876 |
| Most Recent Quarter | 1,782,777,600 |
| Name Change Date | 2,026-10-15 |
| Net Income To Common | -63,786,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 729,436,988 |
| Number Of Analyst Opinions | 3 |
| Open | 3.77 |
| Operating Cashflow | -20,337,000 |
| Operating Margins | -0.06372 |
| Phone | 212 299 7670 |
| Prev Name | Mercer Park Brand Acquisition Corp. |
| Previous Close | 3.85 |
| Price Eps Current Year | -16.400002 |
| Price Hint | 4 |
| Price To Book | 4.522059 |
| Price To Sales Trailing12 Months | 1.9649831 |
| Profit Margins | -0.29503 |
| Quick Ratio | 0.551 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.16 |
| Regular Market Change Percent | -4.15584 |
| Regular Market Day High | 4.0 |
| Regular Market Day Low | 3.5524 |
| Regular Market Day Range | 3.5524 - 4.0 |
| Regular Market Open | 3.77 |
| Regular Market Previous Close | 3.85 |
| Regular Market Price | 3.69 |
| Regular Market Time | 1,792,008,002 |
| Regular Market Volume | 1,615,165 |
| Return On Assets | -0.07767 |
| Return On Equity | -0.28581 |
| Revenue Growth | -0.012 |
| Revenue Per Share | 2.069 |
| Sand P52 Week Change | 0.1570785 |
| Sector | Healthcare |
| Sector Disp | Healthcare |
| Sector Key | healthcare |
| Shares Outstanding | 87,997,984 |
| Shares Percent Shares Out | 0.004 |
| Shares Short | 378,723 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 183,909 |
| Short Name | Glass House Brands Inc. Subordi |
| Short Ratio | 0.33 |
| Source Interval | 15 |
| State | CA |
| Symbol | GLAS |
| Target High Price | 17.0 |
| Target Low Price | 15.0 |
| Target Mean Price | 16.0 |
| Target Median Price | 16.0 |
| Total Cash | 18,554,000 |
| Total Cash Per Share | 0.197 |
| Total Debt | 72,318,000 |
| Total Revenue | 176,976,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.71 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 9.235615 |
| Two Hundred Day Average Change | -5.5456147 |
| Two Hundred Day Average Change Percent | -0.60045975 |
| Type Disp | Equity |
| Volume | 1,615,165 |
| Website | https://glasshousebrands.com |
| Zip | 90,807 |