Investor Presentaiton
APPENDIX
שיי
Acceptance of cannabis is rapidly changing
National support for cannabis has increased
in the last 20 years
SHOULD CANNABIS BE LEGAL?1
All age groups are showing increased
support for cannabis legalization
SUPPORT FOR CANNABIS LEGALIZATION BY AGE¹
12%
66%
35%
84%
66%
44%
35%
68%
29%
'69
'74
'79
'84
'89
'94
'99
'04
'09
'14
'19
NATIONAL
18-34
35-54
55+
2003 & 2005
2019
21-25-year-olds remain largest group,
but 55+ is fastest growing group
PAST MONTH USER MIX²
21-25-year-olds are drinking alcohol less
and using cannabis more
PAST MONTH INCIDENCE (21-25-YEAR-OLDS)²
29%
18%
16%
15%
13%
12%
11% 11% 11%
9%
7%
7% 7%
6%
5%
21%
67%
53%
20%
68%
16%
21-25
26-29
30-34
35-39
40-44
45-49
50-54
55+
2002
2004
2006
2008
2010
2012
2014
2016
2006
2019
Cannabis
Alcohol
43
1. October 2019 Gallup poll. 2. Cowen & Co. April 2019 equity research report, "Cannabis: $75B Opportunity; Category Cross-Currents Keep Us Cautious On Booze", 2019 National Survey on Drug Use and Health.View entire presentation