Company Overview slide image

Company Overview

■ I ■ Colorado is an attractive geography to start our story, where market participants are sophisticated, profitable and have weathered the boom and bust economic cycle of early cannabis CO is the 2nd largest U.S. cannabis market and continues to grow: $1.6Bn of revenue today, with anticipated growth to ~$1.9Bn by 2022(¹) $12.9Bn revenue U.S. market today, projected to nearly double by 2022 to $23.5Bn(¹) 11 states have legalized recreational cannabis, 33 states legalized medical cannabis and 47 states legalized low THC 2019 Beer Sales 2.0 Many experts believe the U.S. Government will ease restrictions on States' Rights to legalize cannabis, including clarification on States Act, banking laws and/or outright legalization, but clearly no guarantees 2019 Cigarette Sales 2030E Legal Cannabis Market Size 2019 Organic Food Sales Cannabis Poised to Surpass many Prominent U.S. Industries (²) 2019 Wine Sales FUNDAMENTAL ATTRACTIVE MARKET 2019 Video Game Sales Commentary 2018 Firearms & Amunition Sales 2019 Legal Cannabis Market Size 2019 E-Cirarette Sales $17.0Bn $12.9Bn $5.9Bn $ 52.5Bn $48.8Bn $35.4Bn $90.5Bn $75.0Bn Built-in Growth Rate ~17% CAGR $114.2Bn (1) BDS Analytics - for use by Medicine Man Technologies only (2) Brewers Association, Statista, Wall Street research, Organic Trade Association, Entertainment Software Association, IBIS World State CA 8 FL MI AZ Other Total Legalization Momentum Continues to Expand D 2019E $3.10Bn $1.62Bn $978MM Colorado Ranks as the 2nd Largest Cannabis Market (¹) $1.0Bn $705MM $5.51Bn $12.90Bn 2020E $3.78Bn $1.70Bn $1.22Bn $1.21Bn $804MM $7.64Bn Legal $16.34Bn Medical Use Only CBD (Low THC) Only Prohibited D Decriminalized 2021E $4.57Bn $1.78Bn $1.44Bn $1.29Bn $965MM $9.56Bn $19.60Bn MEDICINE MAN TECHNOLOGIES 2022E $5.62Bn $1.87Bn $1.62Bn $1.35Bn $1.16Bn $11.90Bn $23.53Bn 13
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