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Investor Presentation

Maryland 4Q'22 Highlights Hagerstown Expansion Completed Exited legacy facility in Frederick Fully operational with cultivation and manufacturing at new Hagerstown facility. ● ● ● Several harvests following year end which have already yielded quality levels equivalent to other states. Vertical Integration Plan on Track Closed on the acquisition of Allegany Medical dispensary (AMMD) in January. ● ● ● Adult Use Approved Nov. 8, 2022 Preparing to go to market with a full complement of brands, products and formats, for wholesale distribution, leveraging the same brand strategy that has proven successful in NJ. July 1 adult use date looking encouraging. ● Actively evaluating other M&A opportunities for further vertical integration and retail expansion. ● 4 TERRASCEND CSE: TER | OTCQX: TRSSF AMMD (Dispensary) Hagerstown (Cultivation/Processing) 1. Source: 8th Edition, The State of the Legal Cannabis Markets, Arcview Market Research (Published May 5, 2020) 114 p. 10
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