MariMed Inc. · CSE:MRMD
MariMed — Shareholder Meeting (September 2019)
23 slides from MariMed's shareholder meeting presentation, Sep 30, 2019
Slide 1: A Premier Cannabis and Hemp Multi-State Operator
A Premier Cannabis and Ma ri M e d Hemp Multi-State Operator Inc. with an International Presence Focused on Health & Wellness, Shareholders Meeting Education & Science, and September 26, 2019 Innovation & Technology Norwood, MA © MariMed Inc. 2019 All Rights Reserve: CONFIDENTIAL 1
Slide 2: Important Disclaimer & Cautions Regarding Forward Looking Statements
Important Disclaimer & Cautions Regarding Forward Looking Statements This presentation does not constitute an offer to sell or a solicitation of an offer to buy securities or assets of MariMed Inc. (“MariMed” or the “Company”). All information presented herein with respect to the existing business a
Slide 3: Cannabis has the power to transform human health and wellness
“CANNABIS HAS THE POWER TO TRANSFORM HUMAN HEALTH AND WELLNESS.” Bob Fireman | CEO, MariMed Inc. i]
Slide 4: Who We Are... Where We're Going...
Who We Are... > Publicly traded, vertically integrated multi-state Where We’re Going... cannabis operator currently aging 12 cannabis licenses across 6 states — DE, IL, MA, MD, NV, RI. Industry leader in the development of seed-to-sale cannabis facilities in 5 states — DE, IL, MA, MD, NV. Dedicated
Slide 5: Seasoned Senior Management
Seasoned Senior Management Co-Founder, President, CEO, Director 10+ years cannabis industry experience Founder and director of Consumer Card Marketing, Inc., a pioneer in the development of retail loyalty marketing. Sold to News America Marketing, a division of News Corp. Practicing attorney for 30+
Slide 6: Our Independent Directors
Eva Selhub, M.D. Independent Director Internationally recognized resiliency expert, physician, author, speaker, scientist and consultant. Board Certified in Internal Medicine. Instructor of Medicine at Harvard Medical School. Clinical Associate of Benson Henry Institute for Mind-Body Medicine at Mas
Slide 7: Our Broad Operating Platform
Our Broad Operating Platform MariMed’s platform prioritizes safety, choice, and trust for retailers and consumers. 1 1 j I I I | Operational * Best practices in product design, cultivation, dispensary, and safety Excellence = Standard operating procedures for consistency and quality = Developed and
Slide 8: Brand portfolio
kalni Strips, Mints, Powdered Tinctures kala eu ed binsk Farm-to-Table Flower, Edibles, Concentrates, Topicals © MariMed Ine. 2019 All Rights Reserved. Fruit Chews and Popcorn HEALER Doctor Developed Medical Cannabis Tincture Formulations CLL Dewey eritage. Authentic Strains & Various Concentrates S
Slide 9: Expanding National Footprint
Expanding National Footprint NEVADA ILLINOIS RHODE ISLAND DELAWARE MASSACHUSETTS MARYLAND ] om 14 cultivation 2 dispensary 1 seed-to-sale 2 seed-to-sale 3 seed-to- 1 cultivation, license licenses license licenses sale licenses 1 processing, and 1 dispensary license KENTUCKY VERMONT MICHIGAN NEW JERS
Slide 10: Select examples of our operator and advisory model
Select examples of our operator and advisory model: Rhode Island 2K+ medical patients/day Massachusetts > ——f 70K sf state of the art cultivation, production, and distribution facility 1 dispensary open Q4 2019 2 more pending Maryland 180K sf cultivation and production facility Wholesale provider to
Slide 11: MariMed Hemp
MariMed Hemp MariMed Hemp Platform Brand Portfolio [AMERICA’S FINEST kali f KAPSULZ FLORANCE Sales Channel Expansion - HempEngine™ * Turnkey retail and educational store-within-a-store platform * Major benefits for both small & mass market retailers and customer * Targeting deployment to 1,500 store
Slide 12: Distribution Enabled by technology. Education-focused. Global reach.
Distribution Enabled by technology. Education- focused. Global reach. MULTI-PLATFORM APPROACH DISTRIBUTION CHANNELS Large Retailers Brokers and Scaled Supply and Representatives Inventory Distributors Retailer Focused Store-within-a-Store Consumer Data : Collection Enabled International ‘CONFIDENTIA
Slide 13: Florance Trusted CBD for mass markets
Florance Trusted CBD for mass markets. Heritage brand established in Kaunas, Lithuania in 1921 Old world recipes with house-developed hemp and flax strains F FLORANCE Hemp Shanjioo Revived in 2000s by renowned scientists Acquired by MariMed Inc in 2019 Hemp if | e a Hand-selected premium EU and USA
Slide 14: Science and Education: Backed by science across the value chain
Science and Backed by science. Across the value chain. Education to make informed healthy choices. Education FOR CONSUMERS FOR DISTRIBUTORS & RETAILERS FOR THE MARKET Scientific Advisory Board Top researchers and thought-leaders serve on MariMed Inc’s SAB Digital Sprout Displays CBD/Hemp education f
Slide 15: Current Strategy and Growth Drivers
Current Strategy and Growth Drivers CONSOLIDATION & EXPANSION OF FOOTPRINT Consolidate client operations into MariMed Inc. BUILD BRAND PORTFOLIO AND LICENSING REVENUE Continue to expand portfolio of leading brands in THC and CBD INCREASE REVENUES FROM HEMP-DERIVED CBD MARKET Leverage GenCanna relati
Slide 16: MariMed's Strong Financials By The Numbers
MariMed’s Strong Financials By The Numbers Sustained growth rters of growth > Year-over-year quarterly revenue growth for 14 consecutive quarters Year-over year quarterly expansion Revenue growth: > Revenues soared 774.0% to $25.7 million > Gross profit up 341.1% to $8.9 million > Adjusted EBITDA ro
Slide 17: Strong performance through evolution
Strong performance through evolution We drove consistent growth while establishing a national advisory business Total revenues, MariMed Inc. (SUSD Million) Total assets, MariMed Inc. ($USD Million) $133.7 $29.2 144.9% CAGR $83.0 $11.9 $6.1 $3.6 $1.3 A P| 2015 2016 2017 2018 2019 2015 2016 2017 2018
Slide 18: Large, unprecedented opportunity
Large, unprecedented opportunity Rapidly expanding industry with black market demand converting to legal MariMed creating national business footprint state by state Roll up revenue generating businesses that are profitable Strategically well-positioned in highly regulated markets Proven management t
Slide 19: We have the foundation and are poised for growth
We have the foundation and are poised for growth to be one of the top cannabis companies in the world - OUR MARIMED PLATFORM - One Vertical Industry Best Seed-to- Class Leading Consumer Data Research and Platform Practices Consumption Brands Driven Education
Slide 20: Appendix
A Premier Cannabis and Ma rl M = d Hemp Multi-State Operator Inc. with an International Presence Focused on Health & Wellness, Appendix Education & Science, and Innovation & Technology © MariMed Inc. 2019 ll Rights Reserved. ‘CONFIDENTIAL 20
Slide 21: High Growth Cannabis Market
High Growth Cannabis Market $30 Billion Medical & Recreational Cannabis U.S. Retail Sales by 2023 @ 21% CAGR? oad $70 Billion Total Economic Impact of Legal Marijuana U.S. Sales by 2021 2 1. Mjbizdaily.com — Chart: U.S. Cannabis Retail ‘2. Mibizdaily.com — Chart: U.S. Cannabis I U.S. Cannabis Retail
Slide 22: Large and Expanding CBD Market
Large and Expanding CBD Market Global CBD Market Outlook * se se (j(omnyy a Wy aN uy i $13B $9.7B Global Hemp Market Global CBD Market by 20262 $10 $7 by 2025 @ 32.6% CAGR 2 $5 ay s $6B 2018 $3 U.S. Hemp-derived Farm Bill Legalized Hemp- $2 CBD industry by 20252 Derived CBD at Federal Level $1 i] 20
Slide 23: Strong Market Drivers
Strong Market Drivers 62% of Americans support marijuana legalization? Medical use legal in 33 states * Recreational use legal in 11 states + Nearly 55 million U.S. adults have used cannabis at least once in the past year ? SAFE Banking Act expected to be voted on by the U.S. House of Representative