Verano Market Expansion and Operations Overview

10 Balanced approach reduces over-reliance on any single wholesaler or retailer. Vertically integrated in 10 of 12 active markets.1 SOLID MARGIN POTENTIAL THROUGH VERTICAL INTEGRATION CULTIVATION & PRODUCTION 12 cultivation & manufacturing facilities¹ RETAIL SPACES 93 operational locations¹ across 12 active states BRAND DISTRIBUTION 150+ million in population nationwide ~500 active dispensary wholesale partnerships Leading brand in all markets (premium positioning, premium pricing, highest margins) 1) Includes the contribution from pending acquisitions and the completion of planned construction. verano

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