Final Judgment of $2,865,000 Entered Against Element 7 in Favor of GH Group

LONG BEACH, Calif. and TORONTO, March 14, 2024 /CNW/ - Glass House Brands Inc. ("Glass House" or the "Company") (NEO: GLAS.A.U) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), one of the fastest-growing, vertically integrated cannabis companies in the U.S., today announced that on March 6, 2024, the Superior Court of the State of California entered into a Final Judgment and Order against Element 7 for the amount of $2,865,000 in favor of GH Group. 

For more information about the lawsuit, please see this link and this link.

 Glass House is one of the fastest-growing, vertically integrated cannabis companies in the U.S., with a dedicated focus on the California market and building leading, lasting brands to serve consumers across all segments. From its greenhouse cultivation operations to its manufacturing practices, from brand-building to retailing, the company's efforts are rooted in the respect for people, the environment, and the community that co-founders Kyle Kazan, Chairman and CEO, and Graham Farrar, Board Member and President, instilled at the outset. Through its portfolio of brands, which includes Glass House Farms, PLUS Products, Allswell, Forbidden Flowers, Field and Mama Sue Wellness, Glass House is committed to realizing its vision of excellence: outstanding cannabis products, produced sustainably, for the benefit of all. For more information and company updates, visit www.glasshousebrands.com and https://glasshousebrands.com/press-releases/.

SOURCE Glass House Brands Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/March2024/14/c2662.html