Core Viewpoint - Glass House Brands Inc. has appointed Alison Payne to its Board of Directors, effective January 27, 2026, to enhance its branding and marketing capabilities as it prepares for the rescheduling of cannabis [1][3]. Company Overview - Glass House Brands is recognized as one of the fastest-growing, vertically integrated cannabis companies in the U.S., focusing primarily on the California market [4]. - The company aims to build leading brands and offers a portfolio that includes Glass House Farms, PLUS Products, Allswell, and Mama Sue Wellness, along with a network of retail dispensaries [4]. Appointment Details - Alison Payne fills the vacant seat on the Board left by the passing of long-term member George Raveling in September 2025 [2]. - Payne has extensive international marketing experience, having held senior roles at Heineken, PepsiCo, Kellogg, and Diageo, and currently serves as the Chief Marketing Officer of Heineken, USA [3]. Strategic Importance - The appointment of Payne is seen as pivotal for Glass House as it prepares for potential growth and expansion opportunities, including geographic and product line diversification [3]. - Payne expressed her enthusiasm for joining the Board and contributing to the company's innovation and leadership in the cannabis market [4].

Company Overview - Alimenta Produzioni is an Italian baked goods manufacturer established in 2013, led by founder and CEO Valter Baldacci, along with partners Alberto Fenati and Matteo Federici [2] - The company is based in Riccione and employs 265 people, reporting revenues of approximately €50 million ($58.3 million) in 2025 [2] Investment Details - Fondo Italiano d'Investimento has acquired a majority stake in Alimenta through its Fondo Italiano Agri&Food Fund (FIAF), although financial terms of the deal were not disclosed [1] - The existing management team will remain in place and invest alongside the fund to support the company's medium-to-long-term growth plans [1] Growth Strategy - The investment aims to guide Alimenta into a new phase of development, focusing on industrial investments, customer base expansion, and organizational strengthening [3] - Alimenta holds a leadership position in the Romagna piadina category and also produces pinsa and other savory bakery products [3] Market Expansion - The company supplies retail customers from three production facilities and a logistics center located in Emilia-Romagna and Marche [4] - Alimenta has increased its exposure to international markets, which now account for over one-third of its total turnover, including markets in the UK, Germany, the Netherlands, Poland, Northern Europe, Australia, and the US [4] Product Development - Priorities include enhancing Alimenta's international reach, particularly in pinsa, which constitutes about 30% of the group's turnover, and consolidating its domestic market position [5] - The plan includes launching new product ranges using Altograno flour, known for its high natural protein and fiber content, developed in collaboration with Molino Casillo [5][6]