Investor Presentation

Our Journey 2017 Founded Launched as Canadian LP Initial investment of $52.5M by Canopy Growth and JW Asset Management JW ASSET MANAGEMENT CANOPY GROWTH CORPORATION 4 TERRASCEND 2018 Pivoted Operations to the US Market Awarded NJ Vertically Integrated License NJ CA THE APOTHECARIUM DISPENSARY 2019 Acquired The Apothecarium in CA Acquired llera in PA PA ILERA HEALTHCARE 2021 Acquired 3 Operating Dispensaries in PA Acquired HMS Grower, Processor in Maryland MD 2022 Acquired Gage in MI MI GAGE CANNABIS CO Acquired 5 Additional Dispensaries in MI 2023 Acquired 4 Dispensaries in MD MD Begins AU on July 1, 2023 MD Commenced Trading on the TSX P. 9

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