Investor Presentation

Third Quarter 2023 Net Revenue Growth YoY increase driven by growth across Maryland, Pennsylvania and New Jersey Third Quarter 2023 Highlights Revenue: $89.2M versus $66.2M in Q3 2022 Retail Revenue Wholesale Revenue $66.2 $12.8 $53.4 Q3 2022 4 TERRASCEND Net Revenue (in millions, US$) $72.1 $13.9 $58.3 Q2 2023 QoQ growth of +23.7% YOY growth of +34.7% $89.2 $23.1 $66.1 Q3 2023 ● ● +23.7% growth sequentially and +34.7% year- over-year Retail growth 13.3% sequentially and 23.8% year-over-year driven by adult-use and additions of 3 dispensaries in MD and same store growth in PA Wholesale growth 66% sequentially and 80% year-over-year driven by broad based growth in NJ, MD, PA and MI p. 27

View entire presentation