Investor Presentation

Gross Profit and Adjusted Gross Profit Margin Fourth Quarter Gross Profit Margin: 44.6% ● ● ● Adj. Gross Margin: 45.3% New Jersey gross margin remained consistent and healthy versus previous quarters. Excluding Maryland start up expenses, Q4 adj. gross margin was 47.0%. 4 TERRASCEND CSE: TER | OTCQX: TRSSF) Full Year Gross Profit Margin: 41.0% ● Adj. Gross Margin: 46.0% Reflects challenging environment in Pennsylvania and new state mix including Michigan. P.19

View entire presentation