Growing Market Opportunity

Pennsylvania Overview Market Overview • Medical market • 12.8M population . • 380k medical patients; 3.0% penetration . Total market expected to grow from $545M (2020) to $1.3B (2026E) Verano Operations • 12 active medical dispensaries; 6 additional medical dispensaries planned 1 active 62k sq. ft. cultivation and manufacturing facility in Chester • 1 additional planned cultivation and manufacturing facility Market size forecasts based on BDSA estimates. Includes: (1) licenses directly owned, managed, or operated; (2) those licenses with which Verano has executed management agreements or other commercial agreements; and/or (3) those licenses to which Verano has a purchase option. 42 VERANO.COM verano

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