sndl Investor Presentation

Q3 2023 Cannabis Retail Results NOTES ¹Excludes Corporate Cost. 2Based on store-level revenue for corporately-owned stores. Comparisons are from the third quarter of 2022. Net Revenue $75.5MM Adjusted EBITDA¹ $8.0MM Gross Margin $20.0MM Latest Quarter Annualized Average Revenue Per Store² $2.4MM (*) Cannabis Retail 16 sndl

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