Investor Presentaiton

Growth & Operating Leverage Conversion to Value Buds and new store additions drove 52% revenue growth from Q3 2021 to Q3 2022 Gross margin improved from 16.9% in Q3 2021 to 18.8% in Q3 2022 • Positive Operating Profit before depreciation, reimbursements and other costs of $2.3 million 18.4 29.7 38.7 58.9 56.3 49.8 47.6 10.6 11.1 9.4 8.4 6.5 4.8 5.2 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Sales Gross Margin ($million) NOVA CANNABIS INC. +52% Q3 2022 vs Q3 2021 9

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