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Investor Presentation

New Jersey 4Q'22 Highlights ● Remains Substantial Growth Driver Continue to see strong sales and margin performance. Strategically allocating production between retail and wholesale channels. ● ● Top 3 Operator ● ● Room for Further Growth ● According to BDSA data, capturing significant market share in New Jersey as a top 3 operator with several SKUs among the top 10 in the state. ● 3 stores in aggregate have continued to outperform the state average. Leveraging own brands and partner's brands. Over-indexing in flower, vapes, concentrates. Room for further growth opportunities in edibles / prerolls. On schedule and on budget for further cultivation expansion at Boonton cultivation facility. 4 TERRASCEND CSE: TER | OTCQX: TRSSF Boonton (Cultivation/Processing) Lodi (Dispensary) Maplewood (Dispensary) Phillipsburg (Dispensary) p. 9
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