Acquisition of GrowHealthy

...and More Dispensaries May Lead to More Revenues Run-Rate 2018 Revenue (USD MM) Revenue / Dispensary Illustrative Dispensaries Open $2.5 12.5 5 $5.0 25.0 Illustrative Dispensaries: $7.5 37.5 ¡Anthus 10 15 25.0 37.5 50.0 20 50.0 75.0 100.0 NY MA VT FL 11 Dispensaries 75.0 112.5 150.0 3 2 3 Revenue / Dispensary As iAnthus expands its operations, revenues should grow rapidly Run-Rate 2019 Revenue (USD MM) Illustrative Dispensaries Open $5.0 $10.0 $15.0 5 50.0 75.0 10 25.0 50.0 75.0 100.0 Illustrative Dispensaries: 15 20 100.0 150.0 200.0 150.0 225.0 300.0 NY ΜΑ VT FL 3 2 16 Dispensaries Acquisition Overview. January 2018 14

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