Investor Presentaiton
COMPANY OVERVIEW
Pending applications and target markets
שיי
GA
VA
NJ
IL
NY
MI
MU
CA
STATE
MARKET INFORMATION1
Population: 11 million
Medical market
2025E market size: $407 million
Population: 9 million
Medical market
2025E market size: $815 million
Population: 9 million
Medical and adult-use market
2025E market size: $1.3 billion
Population: 13 million
Medical and adult-use market
2025E market size: $1.5 billion
Population: 19 million
Medical market
2025E market size: $1.6 billion
Population: 10 million
Medical and adult-use market
2025E market size: $1.4 billion
Population: 40 million
Medical and adult-use market
2025E market size: $7.4 billion
KEY FACTS1
Application submitted in January 2021 for cultivation, production, and retail
We believe our status as the only MSO domiciled in Georgia
(corporate office) will benefit us during the review process
Application submitted in December 2020 for cultivation, production, and retail
Expecting to be awarded license by March 2021
Large, high-growth market driven by start of adult-use sales in 2020. Market
has already achieved -$1.3Bn run-rate sales²
Expecting adult-use to be in effect by 2022, will become top 5 state market
by 2025 with $1.6 billion in legal spending
Adult-use roll-out in 2020 resulted in >$500 million in sales and 482% growth
between January and December of last year
Currently single-largest cannabis market in the world, forecasted to reach
$7.4 billion in legal spending by 2025
Currently own 11% of Elefante, a leading gummies brand in
California
1. See "Forward-Looking Statements" disclaimer on pages 3-4 and financial assumptions on pages 57-58. Sources: Arcview Market Research / BDS Analytics, The State of Legal Cannabis Markets, 8th Edition, Brightfield Group, Virginia JLARC November 2020
report, Company estimates. 2. Illinois Department of Financial and Professional Regulation, as of January 5, 2021.
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