A Leading Provider of Cannabis Capital

NewLake is Focused on a High-Growth Industry Meaningful demand for real estate capital positions New Lake for continued AFFO and dividend growth 83% of the U.S. population (279 million people) reside in Medical Markets 48% of the U.S. population (161 million people) reside in Adult-Use Markets 88% of the U.S. population supports Adult-Use and/or Medical Cannabis New Lake OTCQX: NLCP Millions Cannabis Industry Near-Term CAGR $26.4 OR 2022 WA NV UT AZ MT WY Adult-Use & Medical Markets CO NM HI ND SD NE KS Projected 10.5% CAGR TX $29.5 OK 2023 MN IA MO AR LA WI MI IL IN MS KY TN OH AL WV GA PA SC VA NC $43.4 FL 2027 Source: BDSA NY NH ME NJ DE newlake.com MD DC RI Medical Only Adult Use & Medical 10

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