Glass House Brands Inc (NEOE:GLAS.A.U)
$ 9.36 -0.09 (-0.95%) Market Cap: 666.71 Mil Enterprise Value: 795.53 Mil PE Ratio: 0 PB Ratio: 13.90 GF Score: 31/100
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Glass House Brands Inc at Canaccord Genuity Global Cannabis Conference Transcript

May 18, 2023 / 03:00PM GMT
Release Date Price: $3.73 (-2.10%)
Bobby Burleson
Canaccord Genuity Group Inc. - Analyst

Here we go. So we're going to do a fireside. We're all going to stand up, though, if that's okay? And we've got Glass House with us. So they're a very exciting story. They're making cultivation and brands and retail work in California, which we've heard from several presenters today is a tough market, but to the victors go the spoils.

And so with us, we've got CEO and CFO. So Kyle Kazan's here, and Mark Vendetti are here. We're going to walk through a little bit about the quarter, a little bit about the business, talk about a bunch of stuff. So why don't we just start with maybe Q1, since that just happened? And maybe just give us some highlights.

Mark Vendetti
Glass House Brands Inc. - CFO

So I'll share some numbers. So we finished the quarter with $29 million in revenue, which is up 108% versus Q1 last year. We were down 10% sequentially, but that was expected because it's a large cultivator. Q1 is usually our -- or is our worst quarter of the year. So generally, a great quarter across all of

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