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Glass House Brands Announces Appointment of Alison Payne, Heineken USA Chief Marketing Officer, to its Board of Directors
Globenewswire· 2026-01-29 12:30
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].
Italian fund takes majority stake in Alimenta Produzioni
Yahoo Finance· 2026-01-12 12:58
A fund managed by Fondo Italiano d’Investimento has picked up a majority stake in Alimenta Produzioni, an Italian baked goods manufacturer. In a statement on 9 January, the private-equity firm said it is backing Alimenta through its Fondo Italiano Agri&Food Fund (FIAF). Financial terms of the deal were not revealed. The transaction is being carried out with Alimenta's existing management team, which will stay in place and invest alongside the fund to support the group’s “medium-to-long-term” growth pla ...