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Investor Presentation

Pennsylvania 1Q'23 Highlights ● ● PA Remains Key Strategic Focus Area Current medical market size of over $1.2 billion. ● ● ● Regulatory path towards adult use continues to progress steadily. ● Continue to minimize expenses and optimize efficiency of existing operation. Retail and Wholesale Prepared to bring on capacity, leverage vertical scale, brands and capabilities to meet increased demand in an expected adult-use market. 6 dispensaries, retail and wholesale sales were stable sequentially. Fully built-out at large-scale cultivation and manufacturing facility. 4 TERRASCEND CSE: TER | OTCQX: TRSSF Allentown (Dispensary) Waterfall (Cultivation/Dispensary) Lancaster (Dispensary) 1. Source: September 2021, PCC Month in Review, Pennsylvania Cannabis Coalition 2. Source: 8th Edition, The State of the Legal Cannabis Markets, Arcview Market Research (Published May 5, 2020)) Stroudsburg (Dispensary) Bethlehem (Dispensary) Plymouth Meeting (Dispensary) Thorndale (Dispensary) p. 10
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