UNITED STATES 

SECURITIES AND EXCHANGE COMMISSION 

Washington, D.C. 20549

 

Form 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of June, 2023  Commission File Number 000-56261

 

Glass House Brands Inc.

(Translation of registrant’s name into English)

 

3645 Long Beach Blvd. 

Long Beach, California 90807

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ¨ Form 40-F x

 

 

 

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

    Glass House Brands Inc.
    
Date: June 29, 2023  /s/ Kyle Kazan
   By: Kyle Kazan
   Title: Chief Executive Officer

 

2

 

 

EXHIBIT INDEX

 

Exhibit Number  Description
99.1  Report of Voting Results dated June 28, 2023
99.2  Press Release dated June 28, 2023

 

 

 

 

Exhibit 99.1

 

 

 

GLASS HOUSE BRANDS INC. 

(the “Company”)

 

Annual General and Special Meeting of the Shareholders of the Company (the "Meeting")
held on Friday, June 23, 2023

 

REPORT OF VOTING RESULTS

 

In accordance with Section 11.3 of National Instrument 51-102 – Continuous Disclosure Obligations, the matters voted upon and the outcome of voting at the Meeting are as follows:

 

1.Election of Directors

 

At the Meeting, each of the following eight nominees were elected as directors of the Company as follows:

 

Director Number and percentage of
shares1 of the Company
represented in person or by
proxy and entitled to vote at
the Meeting that were voted
FOR
Number and percentage of
shares1 represented in person
or by proxy and entitled to
vote at the Meeting that were
WITHHELD
from voting
Kyle Kazan 240,557,134 (99.962%) 90,289 (0.038%)
Graham Farrar 240,639,758 (99.997%) 7,639 (0.003%)
Robert (Jamie) Mendola 240,637,408 (99.996%) 10,015 (0.004%)
Humble Lukanga 240,020,642 (99.740%) 625,755 (0.260%)
Jocelyn Rosenwald 239,936,363 (99.705%) 711,060 (0.295%)
George Raveling 239,938,202 (99.705%) 709,188 (0.295%)
Hector De La Torre 239,939,772 (99.706%) 707,636 (0.294%)
Robert (Bob) Hoban 240,019,863 (99.739%) 627,527 (0.261%)

 

Note 1: The shares entitled to vote on this resolution consist of the subordinate voting shares, restricted voting shares and multiple voting shares of the Company. Pursuant to the Company's Articles, the limited voting shares of the Company are not entitled to vote on the election of directors.

 

 

- 2 -

 

2.Re-appointment of Auditor

 

At the Meeting, Macias Gini & O'Connell LLP was re-appointed as the auditor of the Company for the ensuing year and the directors of the Company were authorized to fix the remuneration of the auditor, as follows:

 

Auditor Number and percentage of
shares2 of the Company
represented in person or by
proxy and entitled to vote at
the Meeting that were voted
FOR
Number and percentage of
shares2 represented in person
or by proxy and entitled to
vote at the Meeting that were
WITHHELD
from voting
Macias Gini & O'Connell LLP 268,530,049 (99.931%) 185,732 (0.069%)

 

Note 2: The shares entitled to vote on this resolution consist of the subordinate voting shares, restricted voting shares, limited voting shares and multiple voting shares of the Company.

 

3.Amendment to the Articles of the Company

 

At the Meeting, a special resolution amending the articles of the Company to extend the "sunset" date for the Multiple Voting Shares until June 29, 2027 was adopted, as follows:

 

Class of Shares Number and percentage of
shares of the Company
represented in person or by
proxy and entitled to vote at
the Meeting that were voted
FOR
Number and percentage of
shares represented in person
or by proxy and entitled to
vote at the Meeting that were
voted
AGAINST
All Equity Shares* 25,109,497 (96.703%) 856,195 (3.297%)
All Equity Shares** 20,664,943 (96.022%) 856,195 (3.978%)
Subordinate Voting Shares 205,108 (96.514%) 7,409 (3.486%)
Restricted Voting Shares 2,599,096 (96.676%) 89,355 (3.324%)
Limited Voting Shares 22,305,293 (96.676%) 766,840 (3.324%)
Multiple Voting Shares 237,748,950 (100.000%) 0 (0.000%)

 

* Equity shares refers to the Company's subordinate voting shares, restricted voting shares and limited voting shares, collectively.

 

** Excludes any votes cast by "interested parties" as defined in Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions.

 

Numbers presented in this report are based on the final report of the scrutineer for the Meeting. Dated this 28th day of June, 2023.

 

 GLASS HOUSE BRANDS INC.
   
By:/s/ Benjamin Vega
  Benjamin Vega
  General Counsel and Corporate Secretary

 

 

 

 

Exhibit 99.2

 

 

 

Glass House Brands Announces Voting Results Following Annual General and Special Meeting

 

LONG BEACH, CA and TORONTO, June 28, 2023 // -- Glass House Brands Inc. ("Glass House" or the "Company") (NEO: GLAS.A.U) (NEO: GLAS.WT.U) (OTCQX: GLASF) (OTCQX:GHBWF) announces that, at the annual general and special meeting (the "Meeting") of shareholders of the Company that was held on June 23, 2023 at 11:00 a.m. (Pacific Time), the shareholders passed a special resolution to extend the "sunset" date for the Company's multiple voting shares from June 29, 2024 until June 29, 2027. This extension will allow the founders of the Company, who hold all of the multiple voting shares, to continue to pursue their vision for Glass House as the applicable legal and regulatory regime evolves.

 

Also at the Meeting, all eight nominees for the board of directors of the Company were elected, the voting results of which are as follows:

 

  Number of Shares(1)
Director For Withheld/Abstain
Kyle Kazan 240,557,134 (99.962%) 90,289 (0.038%)
Graham Farrar 240,639,758 (99.997%) 7,639 (0.003%)
Robert (Jamie) Mendola 240,637,408 (99.996%) 10,015 (0.004%)
Humble Lukanga 240,020,642 (99.740%) 625,755 (0.260%)
Jocelyn Rosenwald 239,936,363 (99.705%) 711,060 (0.295%)
George Raveling 239,938,202 (99.705%) 709,188 (0.295%)
Hector De La Torre 239,939,772 (99.706%) 707,636 (0.294%)
Robert (Bob) Hoban 240,019,863 (99.739%) 627,527 (0.261%)

 

Note:

 

(1)The shares entitled to vote on this resolution consist of the subordinate voting shares, restricted voting shares and multiple voting shares of the Company. The limited voting shares of the Company are not entitled to vote on the election of directors.

 

Shareholders also approved the re-appointment of Macias Gini & O'Connell LLP as auditors of the Company for the ensuing year and authorized the directors to fix the auditors’ remuneration.

 

Full details of the foregoing are contained in the Report of Voting Results for the Meeting which has been filed on SEDAR at www.sedar.com.

 

ABOUT GLASS HOUSE

 

Glass House is one of the fastest-growing, vertically integrated cannabis companies in the U.S., with a dedicated focus on the California market and building leading, lasting brands to serve consumers across all segments. From its greenhouse cultivation operations to its manufacturing practices, from brand-building to retailing, the company's efforts are rooted in the respect for people, the environment, and the community that co-founders Kyle Kazan, Chairman and CEO, and Graham Farrar, Board Member and President, instilled at the outset. Through its portfolio of brands, which includes Glass House Farms, PLUS Products, Allswell, Forbidden Flowers, and Mama Sue Wellness, Glass House is committed to realizing its vision of excellence: outstanding cannabis products, produced sustainably, for the benefit of all. For more information and company updates, visit www.glasshousebrands.com and https://ir.glasshousebrands.com/contact/email-alerts/.

 

 

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For further information, please contact:

 

Glass House Brands Inc. 

John Brebeck, Vice President of Investor Relations 

T: (562) 264 5078 

E: ir@glasshousebrands.com

 

Mark Vendetti, Chief Financial Officer 

T: (562) 264 5078 

E: ir@glasshousebrands.com

 

Investor Relations Contact:

 

KCSA Strategic Communications 

Phil Carlson / Jack Perkins 

T: 212-896-1233 

E: GlassHouse@kcsa.com

 

 

 


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