Glass House Brands board establishes Product Expansion Committee

Glass House Brands (GLASF) announced the establishment of a Special Committee of its Board of Directors to oversee new products and business expansion beyond the Company’s legacy California cannabis business and to evaluate ongoing and future partnership opportunities with traditional industry participants. The Special Committee consists of Board members Kyle Kazan, Co-Founder, Chairman and CEO of Glass House, Graham Farrar, Co-Founder and President, Co-Founder Joceyln Rosenwald; and Independent Directors Jay Nichols and Alison Payne. Mr. Nichols has been appointed Chairman of the Special Committee. He has over four decades of experience in corporate strategy and operations, having most recently served as Chairman of the Board and Interim CEO of Protective Insurance Company, and prior to that as CEO of Axis Reinsurance Ltd. Ms. Payne is an expert in branding and marketing, with extensive experience in driving brand growth across multiple categories including beer, spirits, snacks and breakfast foods in the US and Europe. She also currently serves as the Chief Marketing Officer of Heineken, USA.