Glass House Brands Expansion Strategy slide image

Glass House Brands Expansion Strategy

OPERATIONS: EXPANDING FOOTPRINT NEW, UNMATCHED CAPACITY • 165-acre property in Southern • California (SoCAL) Planned 5.5M sq ft of cultivation across 6 state-of-the-art greenhouses to be built out in 3 Phases. 1.7M dry pounds of cannabis per annum after full greenhouse conversion Phase 2: +1.7M SQ FT (2 greenhouses) 1 Phase 1: +1.5M SQ FT (1 nursery and 1 greenhouse, retrofit commenced in 2H 2021)1 1. Graphic components showing future potential is forward looking information, see Disclaimers on Slide 2, and assumes sufficient capital for conversion, the availability of additional licenses, and supporting market conditions SOCAL 2024 3.7M SQ FT SOCAL 2022 2.0M SQ FT PADARO 2020 Q4 2020: 350,000 sq ft Q3 2020: 280,000 sq ft Q2 2020: 210,000 sq ft Q1 2020: 140,000 sq ft 500K SQ FT CASITAS 2017 Q4 2017: 150,0000 sq ft Q3 2017: 100,000 sq ft Q2 2017: 50,000 sq ft 150K SQ FT Cumulative SQ FT 14
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