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Investor Presentation

Maryland Market Details: Population: Type: Size¹: TerrAscend Operations: Hagerstown facility fully operational with cultivation and manufacturing ● ● 6.3 Million Medical (AU approved on November 8, 2022) $600 Million/year - Current¹ $800 Million/year - 2025¹ ● Broad wholesale distribution capability Closed on the acquisition of Allegany Medical dispensary (AMMD) Actively evaluating M&A opportunities for vertical integration and retail expansion Adult use approval on Nov. 8th - preparing to go to market with full complement of brands, products and formats TA 1. Source: 8th Edition, The State of the Legal Cannabis Markets, Arcview Market Research (Published May 5, 2020) (CSE: TER | OTCQX: TRSSF) AMMD (Dispensary) Hagerstown (Cultivation/Processing) p. 10
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