Slide 1: C21 Investments Inc. Investor Presentation
C21 Investments Inc. Scalable, Profitable Growth: Leveraging Vertical Integration & Winning Brands Investor Presentation CSE: CXXI January 2020 OTCQB: CXXIF
Slide 2: Overview of C21 Investments
Overview of C21 Investments FOUNDED 2018 OR Nevada Retail Who we are today NV Top 3 in revenue in the EMPLOYEES 150+ State of Nevada every C21 Investments is a vertically integrated cannabis company that has month since legalization operations covering cultivation, extraction, branded CPG, wholesale
Slide 3: The C21 Difference
The C21 Difference 1 Unique Market Position Driving Profitable Operations 2 Vertically Integrated Business Model with Scalable Platforms 3 Operational Excellence in Retail 4 Proven Capabilities in Product Development and Establishing Strong Brands 5 Opportunities for Growth p.3
Slide 4: C21 Assets Hold a Unique Market Position
C21 Assets Hold a Unique Market Position Silver State Relief & Launch Of Oregon’s Hood Oil First cross-state product integration leading to strong Nevada by the Numbers revenue growth & margin • 57.6k monthly average customer transactions (Q3) $9.0 180,000 OR • Surpassed 580,000 customer transaction
Slide 5: Vertically Integrated Business Model with Scalable Platforms
Vertically Integrated Business Model with Scalable Platforms Silver State Relief & Launch Of Oregon’s Hood Cultivation and Oil First cross-state product integration leading to strong Extraction Expertise 03 High Traffic Retail revenueSales growth & margin 240,000 sq. ft. Indoor/Outdoor Capacity 360,
Slide 6: Operational Excellence in Retail Distribution
Operational Excellence in Retail Distribution Annualized Average Sales per Dispensary ($mm) Customer Transaction Growth in 2019 Silver State Relief $17.2 Ayr Strategies $12.0 139,392 46,464 / M Trulieve Cannabis $6.0 Q1 MedMen $5.9 Harvest $4.8 Green Thumb Industries $4.7 159,932 53,311 / M Cresco L
Slide 7: Brands To Meet Every Need
Brands To Meet Every Need Hood Oil Phantom Farms Dab Society NO-NONSENSE TASTE FROM OREGON ADVENTURE READY, MIGHTY TASTY CANNABIS CRAFT WITHOUT COMPROMISE p.7
Slide 8: Phantom Farms
Phantom Farms STRONG LEGACY BRAND WITH MARKET PENETRATION & CONSUMER LOYALTY Clean Green Certified, High Quality THC/CBD Flower Strains Popular Phantom Vapes & Pre-Rolls Over 100 SKUs Total (More SKUs at Curaleaf Portland than Cura Select) Launched Product Line In Nevada, with Phantom Flower
Slide 9: Branded Product Portfolio
Branded Product Portfolio CO2 Vape Pen Live Resin Vape Pen Distillate Vape Pen Live Resin Extract Cured Resin Extract Bulk Flower Pre-Rolls Capsules / Tinctures CBD Cured Resin Vape Pen CBD CO2 Vape Pen CBD Resin Extracts p.9
Slide 10: Organic Growth Strategy
Organic Growth Strategy Leveraging the Integration of our Oregon Legacy Brands into Nevada Continue integration strategy of Oregon’s expertise & brands into Nevada Launched In-House & Wholesale Phantom Farms flower with highest THC levels at Silver State – 28.24% THC pre-rolls, vapes Scale Nevada ex
Slide 11: Scalable Retail Model
Scalable Retail Model Leverage our profitable, scalable Silver State dispensary model for accretive joint ventures & acquisitions Intensify presence in Nevada through joint ventures Scale-up the Silver State cultivation facility by leveraging buildout through strategic partnerships Acquire additiona
Slide 12: Path to Profitability
Path to Profitability 43% 44% 42% 3rd in adj. operating income for reporting U.S. Operators1,2,3 $10.6 $9.9 $7.8 21% EBITDA margin – TOP 5 for reporting U.S. Operators1,2 $2.2 TOP 8 in adj. EBITDA for reporting U.S. Operators1,2 $0.8 $0.2 Q1 Q2 Q3 Our Cost Savings Restructuring Plan has generated Re
Slide 13: Management Team and Board of Directors
Management Team and Board of Directors SONNY NEWMAN SKYLER PINNICK BRUCE MACDONALD CEO CMO & Director Director Sonny is the founder of Silver State Relief and Silver Sky is a commercial film director producing national Bruce is a seasoned senior executive with State Cultivation in Nevada, and has se
Slide 14: Comparable Companies & Capitalization
Comparable Companies & Capitalization Figures priced at January 28, 2020 close Numbers in US$, except per share values; shares in millions Peer Comparables Capitalization Summary Company Share FD ITM TEV Last Reported Last Reported EV/Revenue EV/EBITDA 1 Share Price (C$) $0.62 Price (C$) Market Cap
Slide 15: Get in Touch
GET IN TOUCH CSE: CXXI OTCQB: CXXIF Canada office telephone address Email +1 833 BUY-CXXI Suite 820-1075 W. Georgia info@cxxi.ca (289-2994) Street, Vancouver B.C. V6E 3C9 p . 15