Mr. Kyle Kazan reports

FINAL JUDGMENT OF $2,865,000 ENTERED AGAINST ELEMENT 7 IN FAVOR OF GH GROUP

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 favour of Glass House Brands Inc.

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 and the environment, and the community that co-founders Kyle Kazan, chairman and chief executive officer, 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.