Glass House: Has arrived; monster Q

Glass House just reported their quarterly numbers and they were monumental. The execution is splendid. The company is proving that they can grow cannabis at a large scale, a quality product, and at a super cheap production price. The cost of production dropped in Q3 to $134/pound.

There is no way you can invest in cannabis and not own Glass House. It makes no sense to be bullish cannabis and not have a stake in the top producer, owning some of the top brands, and owning one of the biggest dispensary network in CA.

I couldn’t be more bullish about Glass House. Now I’m looking forward to Q1 2023 when the company will be cash flow positive.

Leave a Reply

%d bloggers like this: