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Merger Presentation

THE TRANSACTION Columbia Care will purchase 100% of The Green Solution (1) for $140,000,000 with the potential for an additional performance- based milestone payment in 2021 (1) Affiliates and subsidiaries Colorado's largest and most efficient operator, The Green Solution (TGS) is one of the most awarded cannabis companies the US. TGS is being acquired by Columbia Care, one of the largest multi-state operators in the US and the global industry leader in product innovation, quality and expertise Pro Forma, Columbia Care will have 74 dispensaries, 19 cultivation and manufacturing facilities open or under development as of FYE 2019 reaching ~50% of the addressable US market The Green Solution's 754 employees will join the Columbia Care family, with the resulting total employee count to reach 1,389+ The Green Solution's best in class adult use product lines will join Columbia Care's industry leading suite of medical and wellness products, creating one of the most comprehensive global, branded product portfolios Pro Forma, Columbia Care will have LTM Q3-2019 Revenue of $138.5mm, an increase of $73.3mm or 112%. Adds positive EBITDA contribution, accelerating Columbia Care's pathway to profitability Transaction is expected to close in 1H 2020, pending regulatory approval MBIA + (GREEN) 5
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