Harvest Health & Recreation (updated as of January 2020)

CSE: HARV // OTC: HRVSF

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// investor presentation

// Verano acquisition presentation

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note: share unlock information

note: pro-forma shares (share-count without Falcon, and with Have a Heart, is TBD)

note: pro-forma license count/footprint map is TBD (pending closing of  Verano, Devine Hunter, Have a Heart)

note: company has not disclosed deal terms for the Devine Hunter acquisition

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Structure -

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fully diluted share count: 486,600,000

market cap: $1,466,174,460

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Financials (Q3) -

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last q reported revenue: $33,151,xxx

last q pro-forma revenue: $95M

last q adj. ebitda: ($10.9M)

last q total assets: $634,015,xxx

last q cash: $18,290,xxx

last q total liabilities: $274,260,xxx

last q net loss: $39,095,xxx

last q gross margin: 35%

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Licenses -

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• 18 states (including Puerto Rico)

• 46/123 operational retail locations

• 9/24 operational production facilities

 

Arizona

operational: retail (14), cultivation (3)

total: retail (19), cultivation (3)

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Arkansas

operational: retail (0), cultivation (0)

total: retail (1), cultivation (1)

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California

operational: retail (4), cultivation (0)

total: retail (10), cultivation (0)

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Colorado

operational: retail (0), cultivation (0)

total: retail (0), cultivation (0)

note: manufacturing/IP license

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Florida

operational: retail (6), cultivation (1)

total: retail (35), cultivation (1)

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Illinois

operational: retail (3), cultivation (1)

total: retail (5), cultivation (1)

note: co-located adult-use/medical dispensaries (Chicago, St. Charles, and Effingham) and cultivation (Albion)

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Maryland

operational: retail (6), cultivation (2)

total: retail (6), cultivation (2)

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Massachusetts

operational: retail (0), cultivation (0)

total: retail (2), cultivation (3)

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Michigan

operational: retail (2), cultivation (0)

total: retail (2), cultivation (0)

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Missouri

operational: retail (0), cultivation (0)

total: retail (4), cultivation (4)

note: 3 manufacturing licenses (1 via Verano), 1 cultivation facility (co-located with manf. license award in Joplin)

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Nevada

operational: retail (1), cultivation (1)

total: retail (11), cultivation (3)

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New Jersey

operational: retail (0), cultivation (0)

total: retail (1), cultivation (1)

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North Dakota

operational: retail (2), cultivation (0)

total: retail (2), cultivation (0)

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Ohio

operational: retail (1), cultivation (0)

total: retail (4), cultivation (2)

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Oklahoma

operational: retail (1), cultivation (0)

total: retail (4), cultivation (1)

note: 25% ownership

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Pennsylvania

operational: retail (5), cultivation (1)

total: retail (15), cultivation (1)

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Puerto Rico

operational: retail (1), cultivation (0)

total: retail (2), cultivation (0)

note: 49% ownership

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Utah

operational: retail (0), cultivation (0)

total: retail (0), cultivation (1)

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Footprint Map -