Glass House Brands Inc. announced it has replaced auditor BDO USA, P.C. with Macias Gini & O'Connell LLP (MGO) effective November 6, 2026. The change follows concerns that BDO might not complete its review of the company's Q3 financial statements on time, particularly regarding the accounting for a recent deconsolidation transaction. MGO, the company's original auditor until September 2026, was reappointed and expected to meet the reporting deadline. The company and its board stated no reportable event occurred during BDO's tenure, although BDO considers an unresolved issue related to the deconsolidation accounting a reportable event, a characterization Glass House disputes. The auditor switch aims to ensure timely and accurate financial reporting amid significant corporate restructuring.
Glass House Brands' auditor change provides context for readers. For those tracking the health sector, 87 of 150 US health stocks traded on Pluang rose while 60 fell. Notable movers include DNA at USD 10.38 with a 13.57% decline, BFLY up 9.52% at USD 7.13, and BNGO down 8.94% at USD 1.12. This data is as of Nov 12, 2026 07:01 WIB.
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