MJBizDaily Investor Intelligence

MJBiz Daily | Investor Intelligence mjbizdaily.com/investing Copyright 2019, Marijuana Business Daily, a division of Anne Holland Ventures Inc. You may NOT copy this report, or make public the data and facts contained herein, in part or in whole. For more copies or editorial permissions, contact CustomerService@MJBizDaily.com or call 720.213.5992 x1. ii I nvestments in cannabis have surged at a breakneck pace, with a host of transformational deals and developments over the past 12 months setting the stage for another monumental year for legal marijuana. As 2019 unfolds, consider the investing landscape that’s taking shape: • U.S.-based multistate operators are rapidly expanding and deploying massive amounts of capital after raising nearly $2 billion in the Canadian public markets in 2018. • New opportunities are developing quickly across the United States as political and regulatory forces appear poised to usher in recreational marijuana legalization in New York, New Jersey and Illinois. • Alcohol and tobacco giants are betting big on the industry’s global potential, making multibillion-dollar investments in Canadian licensed producers, including Canopy Growth Corp. and Cronos Group. • The floodgates have opened for investment in U.S. hemp opportunities with the recent passage of the Farm Bill. • International opportunities continue to multiply as foreign investments flood into Germany and Latin America and medical cannabis laws take shape in major markets in Asia, Africa and Oceania. The rapid evolution of the cannabis investment climate has created a critical need for deep analysis, insights and actionable data for investors moving into the space and operators that are considering the massive opportunities ahead. This report by MJBizDaily Investor Intelligence delivers the insightful market insight and analysis investors need as they set their strategies for 2019. Inside you’ll find: • High-level analysis of top investment trends under way in the U.S., Canada and emerging international markets. • Key market metrics investors should know as they size up opportunities. • Actionable data and analysis on cannabis sectors experiencing rapid growth. • Top investor considerations as newly public cannabis firms expand and capital markets continue to open up to cannabis. • What to watch in 2019 as key deals inked last year fuel the industry’s global growth. As the cannabis industry races into another year of fast-paced growth and untapped opportunities, the need for objective analysis and reporting has never been greater. This report is intended to help bridge the information gap for investors eager to better understand this nuanced and nascent industry. A special thanks to our data and analytics partner Viridian Capital Advisors for contributions made to this report. Thanks also to Marijuana Business Daily International Editor Matt Lamers and analyst Alfredo Pasqual for their insights on Canada and global market opportunities. As always, please reach out directly to me with any questions or feedback anytime: LisaBK@MJBizDaily.com. Warmest Regards, Lisa Bernard-Kuhn Investor Intelligence Editor Marijuana Business Daily From the Editor JOIN US! Don’t miss our exclusive Investor Intelligence webcast with Viridian Capital Advisors on Feb. 21 at 1 p.m. ET (10 a.m. PT) to hear more about the evolving opportunities ahead. If you have questions for Viridian on this topic, email them to lisabk@mjbizdaily.com before the webcast, and we’ll answer as many as we can! Visit MJBizDaily.com/investing for details.