ACKRELL CAPITAL CHAPTER VII Capital Markets for Cannabis Companies ($U.S. millions, except stock price) LTM Forward Forward Stock % Below EV Revenue EBITDA Price 52-Week Market Enterprise LTM LTM Multiples Multiples Multiples pO TIGR TIA IS, SVS NATIT, ROTI RIO, RONG SEBMOR PUN PO PO AOU Alliance Growers Corp. CSE:ACG $0.16 20.0% $6.9 $6.8 $0.0 $0.0 NM NM 5.0x —0.3x NM 0.8x Alternate Health Corp. CSE:AHG 1.52 78.0% ae 76.6 10.3 64 TAX NM NA NA NA NA Beleave Inc. CSE:BE 1.38 37.5% 448 444 0.0 8.8 NM NM 11.4 NA NM NA Canada House Wellness Group Inc. CSE:CHV 0.29 43.3% 35.6 36.3 44 -44 82 NM NA NA NA NA CannaRoyalty Corp. CSE:CRZ 2.28 41.2% 96.9 96.3 22 -8.6 44.2 NM 3.1 18 17.0x 84 CannTrust Holdings Inc. CSE:TRST 5.43 12.5% 4718 466.3 12.6 52 36.9 NM 9.0 55 318 206 DOJA Cannabis Company Limited CSE:DOJA 1.06 8.7% 16.2 16.0 0.0 0.1 NM NM NA NA NA NA Eviana Health Corporation CSE:EHC 1.09 30.0% 16.7 17.2 0.0 0.0 NM NM NA NA NA NA Friday Night Inc. CSE:TGIF 0.39 13.8% 60.3 61.2 0.8 -19 74.3 NM NA NA NA NA Future Farm Technologies Inc. CSE:FFT 0.37 23.8% 37.2 37.7 0.3 15 NM NM NA NA NA NA International Cannabrands Inc. CSEJUJU.A 0.18 20.5% 1.8 24 0.2 -1.2 14.8 NM NA NA NA NA Global Cannabis Applications Corp. © CSE:APP 0.26 20.9% 10.5 10.7 0.0 -11 NM NM NA NA NA NA Global Hemp Group Inc. CSE:GHG 0.09 17.2% 14.3 14.4 0.0 0.0 NM NM NA NA NA NA Golden Leaf Holdings Ltd. CSE:GLH 027 36.4% 110.1 1155 a -106 14.6 NM NA NA NA NA HealthSpace Data Systems Ltd. CSE:HS 0.08 23.1% 87 9.8 19 -15 54 NM NA NA NA NA High Hampton Holdings Corp. CSE:HC 0.30 22.0% 3.8 a 0.0 0.3 NM NM NA NA NA NA InMed Pharmaceuticals Inc. CSE:IN 052 30.2% 67.5 62.7 0.0 -4.6 NM NM NA NA NA NA Isodial International Inc. CSE:ISOL 1.14 18.8% 251.2 250.7 14.2 0.6 17.6 NM NA NA NA NA Kaneh Bosm BioTechnology Inc. CSE:KBB 0.06 37.5% 08 07 0.0 0.0 NM NM NA NA NA NA Liberty Health Sciences Inc. CSE:LHS 1330 (33.2% 377.5 JS 0.0 0.0 NM NM NA NA NA NA Liberty Leaf Holdings Ltd. CSE:LIB 0.21 11.5% 20.2 19.7 0.0 -19