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Investor Presentation

New Jersey 1Q'23 Highlights ● ● ● Continued Strength ● ● Top 3 Operator ● ● ● Room for Further Growth ● Continue to see strong sales and margin performance. Strategically allocating production between retail and wholesale channels. ● ● According to BDSA data, capturing significant market share in New Jersey as a top 3 operator in the state. Strong margins continued to improve in Q1. Leveraging own brands and partner's brands. Over-indexing in flower, vapes, concentrates. Gained 4 points of market share in pre rolls in the quarter, further room for growth in edibles with Wana launch. On schedule and on budget for further cultivation expansion at Boonton facility. 4 TERRASCEND CSE: TER | OTCQX: TRSSF Boonton (Cultivation/Processing) Lodi (Dispensary) Maplewood (Dispensary) Phillipsburg (Dispensary) p. 8
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