Glass House Brands Fast-Tracks Greenhouse Expansion and Eyes International CBD Markets

Glass House Brands ( ($TSE:GLAS.A.U) ) has shared an announcement.

Glass House Brands is accelerating its 2026 expansion strategy after restoring full production across its existing facilities and completing the first phase of its fourth operational greenhouse at its SoCal Farm. The company will fast-track full buildout of Greenhouse 2, targeting full planting by the second quarter of 2026, which is expected to add roughly 300,000 pounds of annual biomass capacity, and is also retrofitting Greenhouse 4 to support production for international CBD and hemp markets. Management says the move is driven by expectations of U.S. cannabis rescheduling, the emergence of a federally reimbursable CBD market and growing export opportunities to Europe and other regions, positioning Glass House to diversify beyond California, tap higher wholesale biomass prices abroad and leverage its existing CBD and low-THC strains and academic partnerships to compete in future pharmaceutical and consumer packaged goods channels.

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 vertically integrated cannabis company focused primarily on the California market, where it cultivates, processes and sells cannabis products through a portfolio of brands including Glass House Farms, PLUS Products, Allswell and Mama Sue Wellness, as well as a network of retail dispensaries operating under banners such as The Farmacy, Natural Healing Center and The Pottery. The company positions itself as a fast-growing operator emphasizing sustainable production and broad consumer reach across multiple segments of the cannabis market.

See more insights into GLAS.A.U stock on TipRanks’ Stock Analysis page.