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 18View entire presentation