Glass House Brands Inc. - Preliminary Q1 2026 Results and Warrant Redemption

Glass House Brands Inc. announced preliminary unaudited financial results for Q1 2026 and updated guidance for FY2026. The company anticipates Q1 net revenues of $40 million, with a gross profit margin of 25%. For FY2026, net revenues are projected to be between $235 million and $245 million, with a gross profit margin in the mid-40% range. The company also issued a notice of redemption for its outstanding warrants, with a redemption date of May 28, 2026. Warrants will be redeemed at a price of 0.011826 Shares per Warrant.