GLASF (Glass House Brands) Construction In Progress: $24.0 Mil (As of Mar. 2026)


GLASF Glass House Brands Inc GLASF
44 GF Score
Price $12.21
GF Value $6.15
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Glass House Brands Construction In Progress?

Glass House Brands GLASF -4.16% 44 Construction In Progress is $24.0 Mil as of Mar. 2026. GuruFocus rates GLASF with a GF Score™ of 44/100 and a GF Value™ of $6.15 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Glass House Brands's quarterly construction in progress increased from Sep. 2025 ($15.7 Mil) to Dec. 2025 ($20.3 Mil) and increased from Dec. 2025 ($20.3 Mil) to Mar. 2026 ($24.0 Mil).

Glass House Brands's annual construction in progress increased from Dec. 2023 ($0.0 Mil) to Dec. 2024 ($6.5 Mil) and increased from Dec. 2024 ($6.5 Mil) to Dec. 2025 ($20.3 Mil).

Glass House Brands Construction In Progress Historical Data

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The historical data trend for Glass House Brands's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Glass House Brands Construction In Progress Chart

Glass House Brands Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial 11.87 6.45 0.00 6.46 20.35

Glass House Brands Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.33 12.82 15.71 20.35 24.03
GLASF
44GF Score
Glass House Brands Inc GLASF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Glass House Brands Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $24.0 Mil mean?
Glass House Brands (GLASF) has a Construction In Progress of $24.0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Glass House Brands and its competitors.
Is Glass House Brands' Construction In Progress too high?
Glass House Brands' current Construction In Progress is $24.0 Mil. Overall, Glass House Brands has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Glass House Brands' Construction In Progress compare to ZTS?
Glass House Brands' Construction In Progress of $24.0 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Drug Manufacturers company?
A good Construction In Progress depends on the Drug Manufacturers industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Glass House Brands and its competitors. Glass House Brands's current Construction In Progress is $24.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glass House Brands stock overvalued right now?
Based on GuruFocus' analysis, Glass House Brands (GLASF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.15, compared to a current price of $12.21 — trading 98.5% above its estimated fair value. The current Construction In Progress is $24.0 Mil. Glass House Brands' overall GF Score™ is 44/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Glass House Brands (GLASF), the current Construction In Progress is $24.0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Glass House Brands (GLASF) Overvalued in 2026?

Based on GuruFocus' analysis, Glass House Brands stock appears to be overvalued. The current stock price of $12.21 is trading 98.5% above its estimated GF Value™ of $6.15. GuruFocus considers Glass House Brands to be Significantly Overvalued.

Key valuation signals for GLASF:

  • Construction In Progress: $24.0 Mil
  • GF Value™: $6.15 vs. price of $12.21 (98.5% above fair value)
  • GF Score™: 44/100 with 7 warning signs

No single metric tells the full story. See the GLASF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Glass House Brands Business Description

Other Exchanges 4KF0:GermanyGLAS.A.U:Canada
Address 3645 Long Beach Boulevard, Long Beach, CA, USA, 90807
Glass House Brands Inc is an integrated cannabis company that operates exclusively in the state of California. Its portfolio of brands includes Glass House Farms, Forbidden Flowers, and Mama Sue Wellness. It cultivates, manufactures, and distributes cannabis bulk flower and trim to wholesalers and consumer packaged goods to third-party retail stores. It also owns and operates retail cannabis stores in the state of California. It has three reportable segments: Retail, Wholesale Biomass, and Cannabis-related consumer packaged goods. It generates the majority of its revenue from the Wholesale Biomass segment.
44GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.21
Price
$6.15
GF Value