Merger Presentation slide image

Merger Presentation

Proposed Transaction Columbia Care will acquire 100% of The Green Solution and certain affiliates and subsidiaries TRANSACTION OVERVIEW Consideration to TGS TEV: $140,000,000 Performance based milestone payment to be determined based on 2020 audited revenue and adj. EBITDA margin the form of stock Key Approvals and Conditions Transaction close is subject to all regulatory approvals, including but not limited to: Hart Scott Rodino Antitrust Improvements Act Colorado state and municipal level approvals Deal Protection Subject to customary representations, warranties and covenants for transactions of this type Customary deal protection clauses WHY THIS CHANGES THE CANNABIS MARKET NATIONALLY: Expands US footprint through acquisition of leading position in US$1.6B Colorado market ✓ Seamless integration plan incorporates TGS management continuity ✓ Ability to bring pharma quality products, home delivery and CNC Card to Colorado Ability to launch TGS products across all Columbia Care jurisdictions ✓ Accretive to revenue and EBITDA Timing Closing anticipated to occur in 1H 2020 pending regulatory approval UMBIA + 12
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