1Q21 Investor Update
ACQUISITIONS - INDUSTRY CONSOLIDATOR
Strategic, Accretive, Transformational Acquisitions Provide Depth in Operational Markets
State Operations
1)
Date Closed
Upfront
Consideration
Acquisition Multiple <-2.0x LTM Revenue <~2.0x LTM Revenue
Dispensaries
Cultivation &
Manufacturing
THE
GREEN
SOLUTION
Includes in-development expansion projects
Sept. 2020
$140.0M
CO
23
№
X
6 Facilities
184,000 sqft
PROJECT
CANNABIS
Dec. 2020
$69.0M
CA
4
1 Facility
36,000 sqft
T
Jan. 2021
$15.0M
1.2x 2021 Revenue
4.7x 2021 Adj. EBITDA
CA
1
gLeaf
Medical Cannabis
Est. 3Q 2021
$240.0M
MD, VA, PA, OH
10
VAN de WETERING
GREENHOUSES
3 Facilities
400,000 sqft (1)
Est. 3Q 2021
4.8x 2021 Adj. EBITDA 1.5x 2021 Adj. EBITDA
$42.5M
NY
12
1 Facility
940,000 sqft (1)
Columbia Care™View entire presentation