Year of Notable Growth & Expanding Footprint

POSITIVE MOMENTUM ACROSS MARKET AND AWH AWH Highlights First full-year generating positive Cash from Operations and positive Free Cash Flow Proactively addressing Term Loan Re-financing ✓ Aggressive strategy to grow and protect larger mature markets 2021 ADJ. EBITDA (1) Continue to diversify cash flow by acceleration of new or near adult- use states 2023 ADJ. EBITDA (1) ✓ Higher return, lower risk capital allocation strategy (1) Please see appendix of this presentation for a reconciliation of non-GAAP to GAAP measures. See discussion of forward-looking statements on slide 2. (2) Excludes $21M of Employee Retention Tax Credit inflows. See discussion of forward-looking statements on slide 2. Illinois Other Illinois AWH 9

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