Glass House Brands Inc at ROTH Conference Transcript
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
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