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Glass House Brands Inc. updated its at-the-market distribution program under which it may issue and sell equity shares having an aggregate sales price of up to US$100,000,000 (or the equivalent in Canadian currency). The program permits sales in Canada and the United States, including on CBOE Canada and the NYSE, at trading prices prevailing at the time of sale.
Sales, if any, will be made from time to time through ATB Capital Markets Corp. as Canadian Agent and ATB Capital Markets USA Inc. and Wilson-Davis & Co., Inc. as U.S. Agents, under an amended and restated equity distribution agreement dated July 14, 2026 and related Canadian and U.S. prospectus supplements filed under the company’s Form F-10 registration statement.
Management will determine the timing and volume of any equity share sales at its sole discretion. The company currently intends to use any net proceeds for cultivation expansion, potential future acquisitions and general corporate purposes, and views the at-the-market program as a long-term, opportunistic source of potential capital rather than for an immediate funding need.