Company Overview slide image

Company Overview

COMMERCIAL Low-cost Colombian Cannabis Cultivation. vs $1.49-2.36 $0.06 Flora's Cost Advantage. 60% FLORA USD/GRAM LOWER COST THAN CLOSEST COMPETITOR $0.06 FLORA GROWTH $0.15 CLEVER LEAVES $1.49 AURORA $1.85 STRICTLY PRIVATE AND CONFIDENTIAL aphria inc. $1.86 SUNDIAL SOURCE: Each company's filings and presentations (FY 2019) OTHER LPs USD/GRAM $2.36 TILRAY 247 Acres of licensed cannabis grow 1 acre = 460 Grams per m² annually : 4,046 m² ASSET Experienced and affordable labor. • Low-cost without compromising quality; over 70% of all cut flowers imported to U.S. come from Colombia $10 /acre Long-term monthly lease w/ purchase option • A strong U.S. dollar provides Flora with a cost advantage; US $1 = ~3,884.84 pesos • Colombia has a highly-skilled workforce in agriculture at only 2 1/10th of the cost compared to the United States ² Extraction facility complete. Cosechemos, has produced the first batch of crude oil through its newly constructed extraction facility. Further, Cosechemos has initiated the process to become EU-GMP certified. <$150 Monthly utility costs TECHNOLOGY Seed-to-sale traceability. Launching differentiated global cannabis product validation and authentication platform for consumers, distributors, and government regulators that offers forensic level seed-to-sale traceability. COMMERCIAL 1 ¹ https://www.bloomberg.com/quote/USDCOP:CUR (11/14/21) | 2https://mjbizmagazine.com/great-cultivation-debate (5/2017) FLORA GROWTH 12
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