Terrascend Investor Presentation

New Jersey 140K sq ft state-of-the-art cultivation & manufacturing facility producing an extensive menu of high-quality company and partnered brands ● New Jersey patients and customers love our products! Ascended to #2 overall market share in August ● ● ● ● Driving quality and efficiencies Missed the #1 spot by only 1 market share point, but we will not be denied! #3 edibles with significant momentum driven by the recent Wana brand launch Cultivation yields have increased ~50% since January Further significant capacity increase scheduled to come online in 2024 Opportunity to add 7 additional retail doors under The Apothecarium banner Will drive additional scale and profitability to our high- performing retail operations in the state Kind Tree GAGE LEGEND -VALHALLA. CANNADIS CO EVERYONE'S FAVORITE TREE WHOLE CANNABIS FLOWER TERRASCEND (TSX: TSND OTCQX: TSNDF) Cookies wana #2 Market Share 1. Source: BDSA Retail Sales Tracking Q2 2022 #1 Flower Boonton (Cultivation/Processing) n: Lodi (Dispensary) #1 Vape Type: Populatio 9 Million Size¹: Maplewood (Dispensary) Phillipsburg (Dispensary) #1 Extracts Medical and Adult Use (AU Began 4/21/2022) $818 Million Run-Rate¹ $2.5 Billion/year - 2027¹ p. 12

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