Greenway Greenhouse Cannabis Corp. · CSE:GWAY
Greenway Greenhouse Cannabis — Investor Presentation (September 2022)
17 slides from Greenway Greenhouse Cannabis's investor presentation, September 2022
Slide 1: Emerging Low-Cost Producer in Canada's Wholesale Cannabis Market
INVESTOR PRESENTATION SEPTEMBER 2022 EMERGING LOW-COST PRODUCER IN CANADA’S WHOLESALE CANNABIS MARKET WWW.GREENWAY.CA CSE: GWAY
Slide 2: Disclaimer
2 DISCLAIMER FORWARD-LOOKING STATEMENTS Certain information set forth in this document ( “Presentation”) contains “forward-looking statements” and “forward-looking information” within the meaning of applicable Canadian securities legislation (referred to herein as “forward-looking statements”). Exce
Slide 3: Disclaimer (Cont'd)
3 DISCLAIMER (CONT’D) UNITED STATES INVESTORS This Presentation is not an offer of securities for sale in the United States or in any other jurisdiction. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act. Th
Slide 4: Our Story
4 OUR STORY ® Co-founded by Jamie D’Alimonte and Carl Mastronardi, the award-winning cultivators of DelFrescoPure who bring +40 years experience in scaling “Controlled Environment Agriculture” ventures to profitability • During their 40-year tenure as executive management of DelFrescoPure®, Jamie an
Slide 5: Investor Highlights
5 INVESTOR HIGHLIGHTS LOW-COST CULTIVATOR EMERGING WHOLESALE LEADER ~C$0.70 avg. “all-in cash cost per gram” Emerging cannabis leader with focus on B2B over last 12 months reported, and an avg. wholesale business model, providing the yield per plant exceeding 180 grams highest-quality dried flower a
Slide 6: Journey to Leadership in Cultivation
6 JOURNEY TO LEADERSHIP IN CULTIVATION Leadership team with a proven track record of establishing and scaling indoor greenhouse cultivation ventures to profitability Greenway Greenhouse Cannabis Received Standard Nursery License from Commenced trading via Direct-Listing to Leamington Facility retrof
Slide 7: Market Strategy
7 (1) MARKET STRATEGY Methodical approach to growing retail market share, focused on leveraging Greenway’s competitive cost advantage in growing premium quality dried flower for B2B wholesale at the lowest prices Canadian Adult-Use Recreational Cannabis Market CY-2021A Provincial Market Share (%) of
Slide 8: Facility & Operations
8 FACILITY & OPERATIONS Cutting-edge cultivation assets provide consistent access to healthy clones and generate high economic returns per square foot of indoor greenhouse cultivation space Indoor Nursery – Kingsville, Ontario Nursery Site Encompasses a Full-Suite of Advanced, Risk-Mitigating Cultiv
Slide 9: Leamington Facility Expansion
9 LEAMINGTON FACILITY EXPANSION Expected to quadruple annual production capacity from ~6,000 kg/year to ~24,000 kg/year — realizable economies of scale attributable to expansion will result in increases of Adj. EBITDA margin from ~20% to ~50% Expansion Highlights ✓ +C$20MM in projected annual Adj. E
Slide 10: High-Quality Craft Cannabis Products
10 HIGH-QUALITY CRAFT CANNABIS PRODUCTS Strong commitment to each cultivar, maintaining in excess of +20% THC and +1.5% terpene levels per strain with an average yield per plant of +180 grams Compelling Portfolio of Premium Dried Flower CULTIVARS SUN COUNTY KUSH (“SCK”) BLACKBERRY GELATO #8 (“BG-8”)
Slide 11: Robust Genetics Portfolio
11 ROBUST GENETICS PORTFOLIO With +200 unique cultivars and an in-depth development process, Greenway is well-positioned to continue growing best- in-class premium cannabis dried flower Living Genetics Library: Development Process • ~50 unique cultivars currently in living genetics Greenway’s staged
Slide 12: Proven & Scalable Business Model
12 PROVEN & SCALABLE BUSINESS MODEL Greenway’s B2B wholesale business model paves the way to deliver shareholder value by executing on future high- growth opportunities in a rapidly expanding market, with price and quality-based competition Existing Customer Breakdown ( Last 6 Months ) Future Opport
Slide 13: Talented & Experienced Leadership Team
13 TALENTED & EXPERIENCED LEADERSHIP TEAM Jamie D’Alimonte Carl Mastronardi CEO & Co-Chair President & Co-Chair • CEO of Del Fresco Group • President of Del Fresco Group • 30+ years of agriculture experience and 25+ years of • Award winning commercial grower, with 35+ years of commercial greenhouse
Slide 14: Strong Financial Profile with Upside
14 STRONG FINANCIAL PROFILE WITH UPSIDE Greenway’s competitive advantage in low-cost, high-quality cannabis cultivation enables the Company to operate profitably in small- and large-scale production volumes Key Historical & Projected Metrics Current Capital Structure Volume Sales (Grams, MM) Shares
Slide 15: Strong Competitor in Adjusted Margins
15 STRONG COMPETITOR IN ADJUSTED MARGINS Primed for industry-leadership in adjusted margin (%) performance, while trading at a significant discount relative to the market value of publicly-listed peer LPs: Cannabis LP: Organigram Holdings Tilray Brands Village Farms Aurora Cannabis Greenway (TSX:OGI
Slide 16: Investor Contact
16 INVESTOR CONTACT DARREN PEDDLE contact@greenway.ca CFO & DIRECTOR SAM NEHMETALLAH invest@greenway.ca INVESTOR RELATIONS WWW.GREENWAY.CA CSE: GWAY
Slide 17: Additional Disclaimer
17 ADDITIONAL DISCLAIMER RISK FACTORS Whether the Company’s actual results, performance, or achievements will conform to Greenway’s expectations and predictions is subject to several known and unknown risks, uncertainties, assumptions and other factors. Certain of these risk factors can be found in
Greenway Greenhouse Cannabis — Investor Presentation (September 2022) on 6ix