Growing Market Opportunity

34 VERANO.COM Accretive M&A Activity - Florida & Arizona an ALTMED ENTERPRISES TERRITORY EMERALD DISPENSARY • ALTMED* COMBINATION GAVE VERANO: • Access to Florida and Arizona vertically-integrated operations • 37 active retail locations in Florida with 6+ more planned by end of 2021 One active retail location in Phoenix, Arizona ⚫ State-of-the-art cultivation facilities 220,000 sq. ft. in Florida and 30,000 sq. ft. in Arizona (current expansion of an additional 60,000 sq. ft. underway) TERRITORY DISPENSARY** GAVE VERANO: Three active retail locations in Arizona - Chandler, Gilbert and Mesa One -20,000 sq. ft. cultivation facility EMERALD DISPENSARY** ACQUISITION GAVE VERANO: • One active retail location in Phoenix, Arizona Local Joint THE LOCAL JOINT** ACQUISITION GAVE VERANO: • One active retail location in Phoenix, Arizona * Deal closed on February 11, 2021. Alternative Medical Enterprises, LLC, Plants of Ruskin, LLC, and their affiliated companies collectively "AltMed" ** Completion of deals announced on April 9, 2021 verano

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