Glass House Brands Inc. Equity Distribution Agreement

Glass House Brands Inc. has entered into an amended and restated equity distribution agreement with ATB Capital Markets Corp., ATB Capital Markets USA Inc., and Wilson-Davis & Co., Inc. This agreement allows for the issuance and sale of the Corporation's shares, with an aggregate sales price of up to US$100,000,000. The shares will be sold through the appointed agents in Canada and the United States. The agreement details the process for placing shares, including the terms and conditions, placement fees, and the responsibilities of both the corporation and the agents. Sales will be conducted in compliance with applicable securities laws and stock exchange rules. The agreement also outlines procedures for suspending sales, settlement of trades, and representations and warranties made by the corporation regarding its business, financial statements, and legal compliance. This filing incorporates by reference exhibits detailing the equity distribution agreement and a press release.