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Glass House Brands ( ($TSE:GLAS.A.U) ) has shared an announcement.
Glass House Brands reported strong financial results for the second quarter of 2025, surpassing expectations in key areas such as biomass production, revenue, and adjusted EBITDA. The company achieved a 54% year-over-year increase in biomass production and an 11% rise in revenue, driven by robust wholesale and retail performance. Cost efficiencies and strategic pricing initiatives contributed to improved gross margins and a significant increase in adjusted EBITDA, highlighting the company’s resilience in a challenging market environment.
The most recent analyst rating on ($TSE:GLAS.A.U) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on Glass House Brands stock, see the TSE:GLAS.A.U Stock Forecast page.
More about Glass House Brands
Glass House Brands is a rapidly growing, vertically integrated cannabis company in the U.S. The company focuses on cannabis production and retail, with a strong emphasis on wholesale biomass production and branded retail products.
For detailed information about GLAS.A.U stock, go to TipRanks’ Stock Analysis page.