Glass House Brands Files Shelf Prospectus for Future Securities Offerings

Glass House Brands Inc. has filed a short form base shelf prospectus, allowing it to offer and issue various securities, including subordinate voting shares, preferred shares, debt securities, and warrants, over a 37-month period. This filing provides the company with flexibility to raise capital in the future. The prospectus also details the complex and evolving U.S. federal and state regulatory landscape for cannabis, highlighting recent legislative proposals and the DEA's rescheduling of certain marijuana to Schedule III, while noting that federal illegality for most cannabis remains.