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 +
12View entire presentation