1Q21 Investor Update slide image

1Q21 Investor Update

ONE OF THE NATION'S LARGEST & MOST EXPERIENCED MSOS Addressable market is >53% of the U.S. population (1) with significant upside potential I Adult Use Anticipated Adult Use & Medical I Columbia Care U.S. Footprint Medical Only Pursuit Activity Conversion to Medical and Adult-Use Offers Significant Upside Columbia Care has experienced 3x-4x top-line revenue growth in states that have already converted from medical-only to medical and adult-use $31B+ Projected 2026 TAM in Licensed US States (2) Adult-use sales have begun in Arizona and are expected in New Jersey in 2021, New York in 2022, and Virginia in 2024 Columbia Care's expansive footprint is well positioned for the anticipated conversion of additional markets State California Colorado Arizona Florida Illinois Massachusetts Pennsylvania Maryland Ohio (3) New Jersey New York Utah Missouri (3) Delaware Washington DC (³) Virginia West Virginia TOTAL *Adult-use sales pending 1) US Census Bureau, Company estimates, Gallup poll, as of Nov 2020 2) Estimated Sales figures from BDSA Market Forecast as of February 2021, broker research, company estimates 3) Consultative services provided pursuant to terms of a management services arrangement Columbia Care Addressable Market (²) Population (M) Est 2021 Sales (US$M) Est 2026 Sales (US$M) 39.6 5.7 7.2 21.3 12.7 6.9 12.8 6 11.7 8.9 19.5 3.2 6.1 1 0.7 8.5 1.8 173.6 GA $ SA $ $ EA: EA $ GAGA GA EA: EA $ $ GA EA: EA $ $ Ꭿ 4,109.7 2,457.0 1,493.6 1,475.9 1,229.5 1,196.0 705.3 565.5 369.0 248.9 149.2 76.4 75.3 51.3 39.6 20.9 19.1 14,282.1 $ SA $ $ $ $ $ $ $ EA: LA $ 6,909.3 2,715.9 1,817.3 2,551.5 1.781.0 1,784.8 1,320.4 1,386.6 1,363.8 3,000.0 (2) 5,000.0(2) 295.3 862.6 165.1 219.0 424.6 32.8 31,630.0 Status Both Both Both Medical Both Both Medical Medical Medical Both* Both* Medical Medical Medical Medical Both* Medical Licenses Unlimited Unlimited Limited Limited Limited Limited Limited Limited Limited Limited Limited Limited Limited Limited Limited Limited Limited 01 5 Columbia Care™
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