Glass House Brands today announced that it has begun cultivation in a newly retrofitted facility, Greenhouse 5, at the company’s farm in Southern California.
Greenhouse 5 is expected to produce 250,000 pounds of cannabis biomass annually, increasing the company's overall cultivation capacity to more than 600,000 pounds per annum.
With cultivation already in progress, Glass House expects the cannabis grown in Greenhouse 5 to begin generating revenue in April. The facility is scheduled to be fully planted by early April.
According to the company, the timing allows it to take full advantage of the prime growing conditions and seasonally increased production expected during the California summer.
In a statement, Kyle Kazan, Glass House co-founder, chairman and CEO, says cultivation began just seven months after the retrofit project began. The new facility is a sister greenhouse to the company’s Greenhouse 6, both are Kubo Ultra-Clima models that use state-of-the-art positive pressure in their design.
Kazan says the new greenhouse will increase capacity by more than 70 percent, and allow Glass House to “provide legal, safe, and high-quality cannabis to even more consumers at the most competitive cost.”
Kazan, a former police officer, adds that Greenhouse 5 will add $80 million in incremental revenues on an annual basis, at current pricing.
The company’s portfolio of brands includes Glass House Farms, PLUS Products, Allswell, Forbidden Flowers and Mama Sue Wellness.