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Investor Presentaiton

(1) (2) (3) 23 Operations Overview(1) 9 operational dispensaries strategically located across the state • • • Grassroots (2) holds 4 dispensary permits in PA, and each GRASSROOTS KEY STATE | PENNSYLVANIA Transaction Highlights Curaleaf immediately becomes a market leader in one of the fastest-growing medical markets in the U.S. In February 2020, Curaleaf (2) was awarded a Clinical Registrant license, which permits the company to open 6 dispensaries and a grow/processing facility The combined company (2) will have the maximum number of dispensary licenses in PA Market projected to grow from $420M in 2019 to $770M in 2025(3) PA Governor supports adult-use, potential for adult-use legalization provides further market upside permit allows the holder to open 3 dispensaries With this, the company (2) has the rights to open 3 additional dispensary locations Top 3 retail market share based on number of operational dispensaries 75,000 square feet grow and processing facility . Built-out and operational Significant expansion that completes buildout of entire facility and triples capacity is on track and scheduled for completion in early Q3 Vertically integrated with leading retail market share Adds 9 dispensaries to industry-leading retail fleet Additional locations will fuel strategic retail expansion ingstown Erie Pittsburgh Allegheny National Forest Grassroots Dispensary Grassroots Production PENNSYLVANIA. Scranton 476 80 Allentown 476 Hershey Harrisburge Lancaster Ph phia York Adds 75,000 square feet of cultivation in an undersupplied market Strong balance sheet to complete current expansion and fund future expansion as needed Certain entities are subject to option agreements, service agreements, or similar contractual relationships which require state or local approval and licensing prior to close. In certain overlap states, there will be certain asset disposals to comply with local licensing limitations. The company or its subsidiaries. Note that certain of these entities may be subject to option agreements, service agreements, or similar contractual relationships which require state or local approval and licensing prior to close. Arcview Market Research, State of Legal Cannabis Markets 8th Edition. curaileaf. 26
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