Investor Presentation
Michigan
1Q'23 Highlights
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Driving Market Share and Profitability
Revenue stable quarter over quarter.
Effective brand strategy yielding premium pricing.
Increased quarter over quarter gross margin.
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Retail and Wholesale
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Confident in Path to Positive EBITDA
Fully operational extraction lab poised to add form factors
and a broad array of products.
Confident in path to positive EBITDA in second half of 2023.
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Opened Lemonade Centerline retail location.
18 operating retail locations.
19th store expected to open this month in Oxford.
Increased Company vs. 3rd party brands in dispensaries.
Evaluating healthy pipeline of M&A opportunities.
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4 TERRASCEND
CSE: TER | OTCQX: TRSSF
Traverse City
(Dispensary)
Grand Rapids
(Dispensary)
Battle Creek
(Dispensary)
Harrison
(Cultivation / Processing
& Distribution)
Kalamazoo
(Dispensary)
Cookies
Cookies Ann Arbor
(Dispensary)
Kalamazoo (Dispensary)
Adrian
(Dispensary)
1. Source: 8th Edition, The State of the Legal Cannabis Markets, Arcview Market Research (Published May 5, 2020)
Monitor
(Cultivation/Processing)
Lansing
(Dispensary)
Burton
(Dispensary)
Cookies Detroit
(Dispensary)
Warren
(Cultivation)
Ferndale
(Dispensary)
p. 11View entire presentation