Acquisition of GrowHealthy slide image

Acquisition of GrowHealthy

A Tale of Two Investments Public investors have one clear way to invest in the growth of the U.S. markets Population Near Term Rec and Medical Market Competitors Revenue Per Competitor Public Companies Average / Current Market Cap ¡Anthus Canada (Vertically Int) 36 million C$6.0 billion 84 C$71.4 million 25 ~C$1.2 billion ¡Anthus East Coast Markets (¹) 48 million C$9.8 billion 12(2) C$799.3 million 1 ~C$253.5 million (³) 3) Metric 33% larger 64% larger 86% fewer 11x more ¡Anthus 79% discount No matter which metric you use, ¡Anthus has a clear advantage NOTES 1) East coast markets include Massachusetts, Vermont, New York, and Florida Weighted average license holders by population in Massachusetts, Vermont, New York, and Florida Pro forma for Citiva and GrowHealthy transactions, exercise of Massachusetts option, and $20 million financing 2) Acquisition Overview. January 2018 18
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