Glass House Brands Inc. (CBOE CA: GLAS.A.U, OTCQX: GLASF), a leading vertically-integrated cannabis company in the United States, has achieved notable recognition by being named to the 2025 OTCQX Best 50 list for the second year in a row. This annual ranking highlights the top-performing companies traded on the OTCQX Best Market, based on their total return and average daily dollar volume growth from the previous calendar year.
The OTCQX Best 50 is an esteemed list that includes both U.S. and international companies, calculated through an equal weighting of one-year total return and average daily dollar volume growth. The performance metrics for this year’s ranking reflect the companies’ achievements during 2024. Glass House’s consistent placement on this prestigious list underscores its robust growth trajectory and operational excellence within the dynamic cannabis industry.
Kyle Kazan, Co-Founder, Chairman, and CEO of Glass House, expressed pride in this accomplishment. He stated, “Being recognized as a top performer and the only cannabis listing in the OTCQX Best 50 for each of the past two years is a validating milestone for Glass House.” Kazan emphasized that this achievement is a testament to the hard work and dedication of the entire team, who have maintained high standards of business practices while navigating the complexities of the cannabis sector. He also acknowledged the support from loyal customers and investors that have contributed significantly to their success.
The OTCQX Best Market is known for its transparent trading environment, catering to established, investor-focused companies. To qualify for this market, companies must adhere to stringent financial standards and corporate governance best practices, ensuring compliance with applicable securities laws.
Glass House Brands operates with a clear focus on building enduring brands within California’s cannabis market. The company’s operations span from greenhouse cultivation to retailing, with a commitment to sustainability and community respect instilled by its founders. Their diverse portfolio includes well-known brands such as Glass House Farms, PLUS Products, Allswell, and Mama Sue Wellness, alongside a network of retail dispensaries across California.
The recognition by OTC Markets Group comes at a time when Glass House is continuing to expand its footprint in an industry characterized by rapid growth and evolving regulatory landscapes. The company’s ability to deliver outstanding cannabis products sustainably positions it favorably among competitors.
In 2024, companies listed in the OTCQX Best 50 collectively achieved a median total return of 74%, illustrating strong market performance despite broader economic challenges. This performance reflects not only individual company successes but also highlights investor confidence in sectors like cannabis that are gaining traction.
As Glass House Brands continues to innovate and grow within this competitive landscape, its recognition on the OTCQX Best 50 serves as both an accolade and motivation to maintain its trajectory of excellence. Kazan’s gratitude towards the OTCQX for providing a platform that has enabled their stock to reach a wider investor audience further emphasizes the importance of strategic market positioning in achieving long-term business goals.
Glass House Brands’ inclusion in the 2025 OTCQX Best 50 reinforces its status as a leader in the cannabis industry while showcasing its commitment to quality and sustainable practices.
