05:44:36 EDT Mon 06 May 2024
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Glass House Brands Inc
Symbol GLAS
Shares Issued 40,250,000
Close 2023-07-12 C$ 3.22
Market Cap C$ 129,605,000
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Glass House Brands director De La Torre resigns

2023-07-13 13:26 ET - News Release

Mr. Kyle Kazan reports

GLASS HOUSE BRANDS ANNOUNCES RESIGNATION OF BOARD MEMBER HECTOR DE LA TORRE

Hector De La Torre has stepped down from the Glass House Brands Inc. board, due to the time requirements of his recent appointment as executive director of the Gateway Cities Council of Governments.

"On behalf of the board and the whole team at Glass House, I would like to thank Hector for his impactful leadership during his tenure," said Kyle Kazan, co-founder, chairman and chief executive officer of Glass House. "Hector was one of the earliest vocal advocates for cannabis policy reform in California. Since joining the board, Hector's expertise in public health and public affairs has provided the team with invaluable insights that have helped position the company for long-term success."

Mr. Kazan further added: "Hector has been a valuable member of our team and we appreciate his service and commitment to Glass House, as well as his thoughtful guidance as a board member. We wish him all the best in his exciting new role leading the Gateway Cities."

"It has been my pleasure to work with the Glass House management team in advancing the company's growth," said Mr. De La Torre. "I am proud of being an initial board member and participating in Glass House's birth, evolution and success -- with the building blocks set for continued growth."

About Glass House Brands Inc.

Glass House is one of the fastest-growing, vertically integrated cannabis companies in the United States, 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 Mr. 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 and Mama Sue Wellness, Glass House is committed to realizing its vision of excellence: outstanding cannabis products, produced sustainably, for the benefit of all.

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