Investor Presentaiton
Cautionary Statement
ON FORWARD-LOOKING STATEMENTS: This presentation includes
information, statements, beliefs and opinions which are forward-looking,
and which reflect current estimates, expectations and projections about
future events, referred to herein as "forward-looking statements" within
the meaning of the U.S. Private Securities Litigation Reform Act of 1995 or
"forward-looking information" under applicable securities laws.
Statements containing the words "believe", "expect", "continue", "could",
"potential", "predict", "would", "intend", "should", "seek", "anticipate",
"will", "opportunity," "positioned", "poised," "project", "risk", "plan",
"may", "estimate" or, in each case, their negative and words or expressions
of similar meaning are intended to identify forward-looking statements. By
their nature, forward-looking statements involve a number of known and
unknown risks, uncertainties and assumptions concerning, among other
things, the Company's anticipated business strategies, anticipated trends in
the Company's business and anticipated market share, that could cause
actual results or events to differ materially from those expressed or
implied by the forward-looking statements. These risks, uncertainties and
assumptions could adversely cause the Company's actual results,
performance or achievements to be materially different from any
projected results, performance or achievements expressed or implied by
the forward-looking statements. In addition, even if the outcome and
financial effects of the plans and events described herein are consistent
with the forward-looking statements contained in this document, those
results or developments may not be indicative of results or developments
in subsequent periods. Although the Company has attempted to identify
important risks and factors that could cause actual actions, events or
results to differ materially from those described in forward-looking
statements, there may be other factors and risks that cause actions, events
or results not to be as anticipated, estimated or intended. Forward-looking
statements contained in this presentation are based on the Company's
current estimates, expectations and projections, which the management of
the Company believes are reasonable as of the current date. The Company
can give no assurance that these estimates, expectations and projections
will prove to have been correct. You should not place undue reliance on
forward-looking statements, which are based on the information available
as of the date of this document. Forward-looking statements contained in
this document are made of the date of this presentation and, except as
required by applicable law, the Company assumes no obligation to update
or revise them to reflect new events or circumstances.
Historical Information: Historical statements contained in this document
regarding past trends or activities should not be taken as a representation
that such trends or activities will continue in the future. In this regard,
certain financial information contained herein has been extracted from, or
based upon, information available in the public domain and/or provided by
the Company. In particular, historical results should not be taken as a
representation that such trends will be replicated in the future. No
statement in this document is intended to be nor may be construed as a
profit forecast.
On Future-Oriented Financial Information: To the extent any forward-
looking information in this presentation constitutes "future-oriented
financial information" or "financial outlooks" within the meaning of
applicable Canadian securities laws, such information is being provided to
demonstrate the anticipated market penetration and the reader is
cautioned that this information may not be appropriate for any other
purpose and the reader should not place undue reliance on such future-
oriented financial information and financial outlooks. Future-oriented
financial information and financial outlooks, as with forward-looking
statements generally, are, without limitation, based on the assumptions
and subject to the risks set out above under the heading "Cautionary
Statement On Forward-Looking Statements."
The Company's actual financial position and results of operations may
differ materially from management's current expectations and, as a result,
the Company's revenue and expenses may differ materially from
the revenue and expenses profiles provided in this presentation. Such
information is presented for illustrative purposes only and may not be an
indication of the Company's actual financial position or results of
operations.
More Information: For a discussion of some of the important factors that
could cause Company's results to differ materially from those expressed in,
or implied by, the forward-looking statements included in this
presentation, investors should refer to the disclosures contained under the
headings "Risk Factors" and "Disclosure Regarding Forward-Looking
Statements" in the Company's Annual Report on Form 10-K for the fiscal
year-ended December 31, 2021, and elsewhere in the Company's public
filings, all of which are available on the Investor Relations section of the
Company's website at https://investors.gtigrows.com, the U.S. Securities
Exchange Commission's (SEC) website at www.sec.gov and Canada's
System for Electronic Document Analysis and Retrieval at www.sedar.com.
USE OF NON-GAAP MEASURES: In addition to disclosing financial results
that are determined in accordance with U.S. generally accepted accounting
principles ("GAAP"), the Company also discloses in this presentation
certain non-GAAP financial information, as defined by the SEC, including
EBITDA and adjusted operating EBITDA. EBITDA means earnings before
interest, taxes, depreciation and amortization and is a measurement of
financial performance without having to factor in financing
decisions, accounting decisions or tax environments. Adjusted Operating
EBITDA is earnings before interest, taxes, depreciation, amortization,
adjusted for other income, non-cash share based compensation, one-time
transaction related expenses, or other non-operating costs. Reconciliations
of these non-GAAP financial measures to the most directly comparable
financial measure calculated and presented in accordance with GAAP are
included in the financial schedules attached to this presentation as
Appendix A. Non-GAAP information should be considered as supplemental
in nature and not as a substitute for, or superior to, any measure of
performance prepared in accordance with GAAP.
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