LONG BEACH, Calif. and TORONTO, June 7, 2022 /CNW/ – Glass House Brands Inc. (“Glass House” or the “Company”) (NEO: GLAS.AU) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF), one of the fastest growing, vertically integrated cannabis companies in the United States, announced today June 3, 2022general counsel and corporate secretary jamin horn resigned from his role at Glass House to take up a position as legal counsel for Triumph Labs, Inc., a VC-backed Fintech company located in San Francisco, California. In anticipation of Mr. Horn’s departure, several highly qualified candidates have been identified and are being selected. Prior to the appointment of Jamin’s successor, his responsibilities will be covered by outside counsel and the Company’s internal legal resources. Jamin has agreed to provide transition support until his duties are assumed by his replacement.
“Jamin has had a tremendous impact on our business,” said Kyle Kazan, Chairman and CEO of Glass House. “Joining us in June 2020, he led the upstream of our many business entities into one parent company, as we prepared to be acquired by Mercer Park Brand Acquisition Corp. and listed on the Neo Exchange through the process of -SPAC. He is a gifted lawyer with an in-depth knowledge of the financial markets, in particular the pre- and post-listing process and the associated regulations. We owe him deep gratitude for his sound advice and for his tireless work in the service of the Company; and we wish him the best of luck in his new role.”
“Over the past two years, we have completed an IPO transaction, developing a rapidly growing retail footprint that is expected to triple the number of stores in operation.1 including the obtaining of two new competitive licenses in high value-added locations, the acquisition of the PLUS brand2, and the acquisition, financing and conversion of the SoCal facility. With the help of Jamin, the company has become one of the biggest operators of California and is positioned to become one of the largest greenhouse cannabis growers in the world, ready to take full advantage of potential future state or national regulatory changes. As part of this growth, Jamin has led the company’s development of sophisticated and effective internal compliance, licensing and commercial law functions that will continue to bring value to the company. Simply put, he laid the legal and structural foundations that will allow our organization to grow and prosper. In addition, he moved from his forever home to Northern California to join us Southern California and I’m thrilled for him that this move basically allows him to go home.”
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About the Glass House
Glass House is one of the fastest growing vertically integrated cannabis companies in the United States, with a particular focus on the California market and build leading and sustainable brands to serve consumers in all segments. From its greenhouse growing operations to its manufacturing practices, from brand building to retail, the company’s efforts are rooted in respect for people, the environment and the community that co-founds Kyle Kazanchairman and chief executive officer, and Graham Farr, President, instilled initially. Through its portfolio of brands, which includes Glass House Farms, Forbidden Flowers and Mama Sue Wellness, Glass House is committed to achieving its vision of excellence: exceptional cannabis products, produced sustainably, for the benefit of all. For more information and company updates, visit www.glasshousebrands.com.
This press release contains certain forward-looking information and forward-looking statements, as defined in applicable securities laws (collectively referred to herein as “forward-looking statements”). Forward-looking statements reflect current expectations or beliefs regarding future events or the future performance or financial results of the Company. All statements other than statements of historical fact are forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is planned”, “budget”, “expected”, “estimates”, “continues “, “expects”, “plans”, “predicts”, “intends”, “anticipates”, “targets” or “believes”, or variations of, or the negatives of, such words and expressions or state that certain actions, events or results “may”, “could”, “should”, “should”, “could” or “will” be taken, occur or be achieved. Forward-looking statements in this press release include , without limitation, prior to the appointment of Jamin Horn successor, his responsibilities will be covered by outside counsel and the Company’s internal legal resources; jamin horn provide transition support until their duties are taken over by their replacement; the rapid growth of the company’s retail footprint is expected to triple the number of stores in operation; the Company is positioned to become one of the largest greenhouse cannabis growers in the world, ready to take full advantage of potential future changes in state or national regulations; that the development of sophisticated and effective internal compliance, licensing and commercial law functions will continue to bring value to the Company; and the company’s vision to produce exceptional, sustainably produced cannabis products. All forward-looking statements, including those contained herein, are qualified by this cautionary statement. Although the Company believes that the expectations expressed in these statements are based on reasonable assumptions, these statements are not guarantees of future performance and actual results or developments may differ materially from those indicated in the statements. Accordingly, readers should not place undue reliance on forward-looking statements. Certain factors could cause actual results to differ materially from those contained in the forward-looking information, including the Company’s inability to find a suitable successor to Mr. Horn; that Mr. Horn is unable to provide transitional support as well as the risks disclosed in the Company’s Annual Information Form available on SEDAR at www.sedar.com and in the Company’s Form 40-F available on EDGAR at www.sec.gov. For further information on the Company, investors are encouraged to consult the Company’s public filings on SEDAR at www.sedar.com. The forward-looking statements contained in this press release speak only as of the date of this press release or as of the date or dates specified in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
SOURCEGH Group, Inc.
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