medmenenterprisesusa infographic project05 final...medmenenterprisesusa_infographic_project05_final...

Building the Infrastructure Expanding into Northern California Mission Provide an unparalleled experience that invites the world to discover the remarkable benefits of cannabis. Vision We believe that a world where cannabis is legal and regulated is a safer, healthier and happier world. Financial Highlights: Licensed for: ¹ 78 Retail Locations 1 Includes footprint to be acquired through announced PharmaCann transaction and other pending acquisitions in California and Michigan. 32 Operating Stores 12 States Downtown LA $ 30 M Revenue 53 % Gross Margin 39 % Quarter-over Quarter Sales Growth Financial Highlights Fiscal Q2 2019 Clarence Foster New SVP of Human Resources Launched first in-house premium cannabis line Launched first holiday issue of EMBER magazine Michael Kramer New CFO medmen.com Consumer & Digital Enhancing the Retail Experience Mobile POS Gift Cards Merchandising Retail Footprint This document contains “forward-looking statements” and “forward-looking information” within the meaning of applicable securities laws with respect to the Company. This document also refers to certain financial or performance measures that are not prepared in accordance with International Financial Reporting Standards. Please see “Forward-Looking Information and Risk Acknowledgements” and “Non-IFRS Financial and Performance Measures”, and associated disclosures, in the most recent corporate presentation of the Company available at www.medmen.com or in the corporate presentation that accompanies this document. Q2 Operating in 12 States Expanded into Arizona and Illinois During Fiscal Q2 California Retail Highlights $7,895 Annualized per Square Foot Revenue 4 $23.7M California Revenue +24% EBITDA Margin AZ CA NV NY MA MD MI VA PA OH IL FL 1 Beverly Hills 2 West Hollywood 3 Bay Area - Seaside 7 Emeryville 8 San Jose 9 Venice - Lincoln 10 Venice - Abbot Kinney 11 O.C. - Santa Ann 12 LAX Airport 4 San Diego - Kearny Mesa 5 San Diego - Sorrento Valley 6 Operational Non-operational California $100M Current Run-rate Retail Revenue in California³ Retail Licenses 12 3 Annualized revenue based on fiscal Q2 2019 retail sales in California. 4 MedMen figures based on system wide revenue fiscal Q2 2019 average for stores in California. 2 Based on internal targets for California footprint over the next three years. MedMen California Stores Perform 7x the State-wide Average² In-Store Pickup MedMen Expects to Open 16 Stores in 2019 Current End of CY 2019 Operational Non-operational 46 32 30 48 5 Includes Footprint to be acquired through announced PharmaCann transaction and other pending acquisitions in California and Michigan Currently Licenced for 78 Retail Stores 5

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Page 1: MedMenEnterprisesUSA Infographic Project05 FINAL...MedMenEnterprisesUSA_Infographic_Project05_FINAL Created Date 3/6/2019 1:07:34 PM

Building theInfrastructure

Expanding into Northern California

MissionProvide an unparalleledexperience that invites theworld to discover the remarkablebenefits of cannabis.

VisionWe believe that a worldwhere cannabis is legaland regulated is a safer,healthier and happier world.

Financial Highlights:

Licensed for:¹

78Retail Locations

1 Includes footprint to be acquired through announced PharmaCann transaction and other pending acquisitions in California and Michigan.

32Operating Stores

12States

Downtown LA

$30MRevenue

53%Gross Margin

39%Quarter-over Quarter

Sales Growth

FinancialHighlights

Fiscal Q2 2019

Clarence FosterNew SVP of Human Resources

Launched firstin-house premiumcannabis line

Launched first holiday issue of EMBER magazine

Michael KramerNew CFO

medmen.com

Consumer & Digital

Enhancingthe RetailExperience

MobilePOS

Gift Cards

Merchandising

RetailFootprint

This document contains “forward-looking statements” and “forward-looking information” within the meaning of applicable securities laws with respect to the Company.This document also refers to certain financial or performance measures that are not prepared in accordance with International Financial Reporting Standards. Please see “Forward-Looking Information and Risk Acknowledgements” and “Non-IFRS Financial and Performance Measures”, and associated disclosures, in the most recent corporate presentation of the Company available at www.medmen.com or in the corporate presentation that accompanies this document.

Operating in 12 States

Expanded intoArizona and IllinoisDuring Fiscal Q2

CaliforniaRetailHighlights

$7,895Annualized per

Square Foot Revenue4

$23.7MCalifornia Revenue

+24% EBITDA Margin

NYMA

OHIL

Beverly Hills2

West Hollywood3

Bay Area - Seaside7