Investor Presentaiton

NOVA CANNABIS INC. Rapid Market Share Gains with Improving Margin Profile NOVA CANNABIS Value Buds $58.9 $56.3 $49.8 $47.6 $38.7 Competitor A Competitor B $45.4 $95.4 $42.7 $40.9 $40.7 $40.7 $81.0 $72.2 $53.9 $48.1 18.8% 18.9% 16.9% 34.7% 13.4% 13.7% 32.6% 31.8% 28.0% 27.0% Q3 Q4 Q1 Q2 Q3 2021 2021 2022 2022 2022 Sales ($M) -O-Gross Margin % Q3 Q4 Q1 Q2 Q3 F2021 F2021 F2022 F2022 F2022 Sales ($M) -O-Gross Margin % 34.6% 32.1% 29.7% 23.8% 23.8% Q3 Q4 Q1 Q2 Q3 F2021 F2021 F2022 F2022 F2023 Sales ($M) -O-Gross Margin % 11

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