Mar 14, 2023 / 03:00PM GMT
Scott Fortune - Roth Capital Partners, LLC - Analyst
Okay, real quick. Welcome. Tuesday, second day of ROTH Conference. First of all, I'd like to thank our sponsors, [track] sponsors, Crow and Carlton Fields for helping us out. But this is great conference. Obviously, Tuesday, it's very difficult to get people out early morning. But we have a special guest today in Glass House brands. And with us is the CEO Kyle Kazan; President, Graham Farrar; and CFO, Mark Vendetti.
Real quick before they get into the story of starting to dominate California here. Full disclosure. I do not cover it. But they did report record quarterly revenue last night at $32.2 million, up 14% quarter over quarter, which is one of the fastest growing MSOs on a quarterly basis. Gross margins at 32%, and then record low quarterly cost per pound at $127, which I don't think people really focusing on the cost side.
They're focusing on the price a lot there. And then they also announced the intent to potentially turn on additional greenhouse, and their big SoCal Farm. So with that, I want to introduce the company here to
Glass House Brands Inc at ROTH Conference Transcript
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot