Investor Presentaiton
(1)
(2)
(3)
Operations Overview(1)
GRASSROOTS KEY STATE | ILLINOIS
5 operational dispensaries strategically located across the greater
Chicago area
Grassroots (2) holds 5 dispensary licenses in IL, and each license
permits the holder to open 1 additional location
Additional 5 locations projected to open by year-end, including 2 in
downtown Chicago
Maximum number of dispensaries permitted in IL
70,000 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
1 of only 3 companies in the state with the maximum number of
dispensary licenses
Transaction Highlights
Curaleaf immediately becomes a market leader in a key new
adult-use market
•
•
Top 3 market player with vertical integrations and the
maximum number of dispensary licenses in IL
Market projected to grow from $251.2M in 2019 to $1.5B in
2025(3)
•
Promising early results of adult-use market with total YTD
market sales already >$900m annualized
Adds 5 dispensaries to industry-leading retail fleet
•
Gives Curaleaf leading retail market share in IL and an
established presence in greater Chicago area with rights to
open 5 additional locations to drive strategic retail expansion
Grassroots Dispensary
Production facility in
Litchfield not pictured
Sycamore
Arlington
Heights
Evanston
mburg
(64)
D
290
DeKalb
St. Charles
(30)
Chicago
69
Downers
Grove
habbona
Aurora Naperville
Lawn
Bolingbrook
Oswego
Plano
34
Orland Park
57
ley Park
Calumet City
Hammond
Gary
B
D
Sheridan
Joliet
52
N
T
53
Morris
Ottawa Marseilles
Braidwood
Mantonn
41
Merrillville
Adds fully-built out 70,000 square feet of cultivation in an
undersupplied market
•
Strong balance sheet to fund future expansion
Expansion plans include additional 55,000 square feet of
greenhouse capacity
curaleaf. »S
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.
Grassroots 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.
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