Verano Market Expansion and Operations Overview

Nevada Overview Market Overview Adult-Use and medical markets • 2.9M population • . 9.8k medical patients; 0.3% penetration Total market expected to grow from $808M (2020) to $1.68B (2026E) Verano Operations • 5 active dispensaries 42k sq. ft. indoor cultivation and manufacturing facility - expansion underway • 10k sq. ft. indoor and manufacturing facility Market size forecasts based on BDSA estimates. Includes the contribution from a pending acquisition. In addition, includes: (1) licenses directly owned, managed, or operated; (2) those licénses with which Verano has executed management agreements or other commercial agreements; and/or (3) those licenses to which Verano has a purchase option. 45 VERANO.COM verano

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