Investor Presentation

Maryland 3Q '23 Highlights ● First Full Quarter of Adult-Use Adult-use began July 1, 2023 Market sales run rate of ~$1 billion annually, roughly doubling the medical market ● ● • Vertically Integrated Operations ● ● ● ● ● Leveraging same successful strategy as NJ ● 4 retail locations - the state limit 2 of the top performing stores in MD Wholesale business more than doubled from Q2 to Q3 Additional capacity coming online in 2024 Attractive Margins and Significant Cashflow Believed to be one of the top retail market share in MD 4 TERRASCEND AMMD (Dispensary)- Hagerstown (Cultivation/Processing) Ith Herbiculture (Dispensary) Blue Ridge (Dispensary) Peninsula (Dispensary) p. 17

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