AOAC CASP Meeting

9/7/2019

And the other developed States have similar patterns

Category share by State Q3 2018 %

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Others

7% 4%

4% 4%

6% 5%

8% 6%

11%

16%

16%

Pre‐rolled

17%

37%

Edibles

31%

34%

28%

Concentrates

Flower

44%

42%

41%

39%

CA

CO

AZ

OR

Source: GreenEdge by BDS Analytics

2018 BDS Analytics | CONFIDENTIAL

Concentrates have been the primary engine of growth in Cannabis Sales in all Major States

Colorado Cannabis Concentrate Unit Sales and Price Trend

Source: GreenEdge by BDS Analytics

2018 BDS Analytics | CONFIDENTIAL

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