13:33:25 EDT Fri 09 May 2025
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Glass House Brands Inc
Symbol GLAS
Shares Issued 40,250,000
Close 2024-07-15 C$ 6.97
Market Cap C$ 280,542,500
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Glass House reappoints De La Torre as director

2024-07-15 16:48 ET - News Release

Mr. Kyle Kazan reports

GLASS HOUSE BRANDS WELCOMES HECTOR DE LA TORRE BACK TO THE BOARD OF DIRECTORS

Glass House Brands Inc. has reappointed Hector De La Torre to the company's board of directors. Mr. De La Torre previously served as an original member of the board until 2023, when he stepped down due to time restraints connected to other commitments.

"We are excited to welcome Hector back to the Glass House board," said Kyle Kazan, co-founder, chairman and chief executive officer of Glass House. "Hector made many valuable contributions to our company during his first tenure and was one of the earliest vocal advocates for cannabis policy reform in California, when he was a member of the state assembly. We know that his proven track record in public health and public affairs will be invaluable going forward as the cannabis industry evolves and we continue to execute on our growth plans."

"Glass House Brands is the premier cannabis company in California," said Mr. De La Torre. "Having experienced the growing pains from the inception during my previous tenure, I look forward to contributing to Glass House being a market leader with its many opportunities for growth going forward."

Mr. De La Torre is a veteran public servant with significant government and non-profit experience. He is currently a member of the board and former two-term chair at LA Care (the largest public non-profit health plan in the United States), a trustee and co-chair of the Obama Scholars Advisory Council at his alma mater Occidental College in Los Angeles, and an assembly appointee member of the California Air Resources board.

Mr. De La Torre served in the California state assembly from 2004 to 2010, representing the largely Latino 50th district in the southeastern Los Angeles county. He chaired the budget subcommittee on health and human services, the rules committee, and helped create and chair the accountability and administrative review committee during his tenure. Mr. De La Torre was recently the executive director of the non-profit Gasol Foundation focused on children's wellness and the national non-profit Transamerica Center for Health Studies. Prior to his service in the assembly, he served as mayor and as a member of the South Gate City Council, judicial administrator in the L.A. Superior Court, chief of staff to the deputy secretary of labour in the Clinton administration, and a teacher at Edison Junior High in south Los Angeles.

Mr. De La Torre received his bachelor's degree in diplomacy and world affairs from Occidental College and attended the Elliot School of International Affairs at the George Washington University. He lives in South Gate.

With the addition of Mr. De La Torre, the company's board of directors has expanded from seven to eight members, which also reflects the recent addition of John (Jay) D. Nichols Jr.

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, and Graham Farrar, board member and president, instilled at the outset. Through its portfolio of brands, which includes Glass House Farms, Plus Products, Allswell 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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