Merger Presentation

COLUMBIA CARE PENNSYLVANIA 000 0 0 STRATEGY COLUMBIA CAR E Executing upon a disciplined M&A strategy, the acquisition of The Green Solution enables Columbia Care to establish leadership in the 2nd largest cannabis market in the US while driving shareholder value and accelerating profitability without compromising its core mission, vision, and values M&A Selection Criteria • Must fit strategically, geographically and culturally • Establish market leadership and scale to drive economic value ● Target profitable companies with leading management teams that have strong, fully developed underlying infrastructure Leverage products, brands and services across Columbia Care's national platform in markets converting from medical only to fully legalized • Seek operators with structural cost, consumer access and technology advantages complementary to Columbia Care assets Financial Considerations ● Targeting TEV of < ~2.0x LTM Revenue • Contributes meaningful top-line revenue growth with positive EBITDA ● Fully funded and built out infrastructure with actionable organic and margin expansion opportunities • Zero to low leverage ● Accelerates pathway to profitability C 4

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