Accretive M&A Activity - Connecticut

Connecticut Overview Market Overview • Adult-Use and medical markets 3.5M population • ~60k medical patients; 1.6% penetration · Total market expected to grow from $126.5M (2020) to $386.8M (2026E) Verano Operations • . 2 active dispensaries 217k sq. ft. indoor cultivation 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. 51 VERANO.COM verano

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