CSE: CANN Corporate Presentation April 2019 www.heritagecann.com - PowerPoint PPT Presentation

CSE: CANN Corporate Presentation April 2019 www.heritagecann.com

Discla Dis claim imer er General This Confidential Presentation (the “Presentation”) with respect to a proposed financing (the “Transaction”) by Heritage Cannabis Holdings Inc. (“Heritage” or the “Company”) has been compiled by management of the Company solely for information purposes. The Presentation is for the confidential use by the recipient in order to assist such recipient in deciding whether to proceed with an in-depth investigation of the Transaction contemplated herein. The Presentation is not, and under no circumstances is to be construed to be, an offering of securities. Neither this Presentation, nor its delivery to the recipient shall constitute an offer to sell, or the solicitation of an offer to buy the assets described herein. It is provided solely for use by prospective investors in considering their interest. The information contained herein has been prepared to assist interested parties in making their own evaluation of the Company and its business and does not purport to contain all the information that prospective investors may require. Prospective investors should conduct their own investigation and analysis of the Company and its business and the information contained in this Presentation as well as any additional information provided by the Company. The information contained in this Presentation is not to be used for any other purpose. The information in this Presentation must be kept confidential at all times. By accepting this Presentation, the recipient agrees that it will not copy, duplicate or distribute this Presentation, in whole or in part, at any time without the Company’s prior written consent. By your acceptance hereof, you covenant that neither you nor your agents, representatives, directors or employees will copy, reproduce or distribute this Presentation or the information herein to others, in whole or in part, at any time, without the prior written consent of the Company, and that you will keep confidential this Presentation, the information herein and any information otherwise obtained from Heritage. Forward-Looking Information and Risk Acknowledgement This document contains “forward-looking statements” and “forward-looking information” within the meaning of applicable securities laws (collectively, “forward-looking information”) with respect to Heritage, including, but not limited to potential acquisitions, potential investments, and any other statement that may predict, forecast, indicate or imply future plans, intentions, levels of activity, results, performance or achievements, and involve known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of the Company to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking information. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, will”, “projects”, or “believes” or variations (including negative variations) of such words and phrases, or statements that certain actions, events, results or conditions “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Except for statements of historical fact, information contained herein constitutes forward-looking information. Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management at the date the statements are made including among other things assumptions about: favourable equity capital markets; the ability to raise sufficient capital to advance the business of the Company; favourable operating conditions; political and regulatory stability; receipt of governmental approvals and permits and all necessary third party financing on favourable terms; obtaining renewals for existing licences and permits and obtaining all other required licences and permits; sustained labour stability; stability in financial and capital goods markets; and positive and widespread awareness of the Company’s business. While the Company considers these assumptions to be reasonable, the assumptions are inherently subject to significant business, social, economic, political, regulatory, competitive and other risks and uncertainties, contingencies and other factors that could cause actual performance, achievements, actions, events, results or conditions to be materially different from those projected in the forward-looking information. Many assumptions are based on factors and events that are not within the control of the Company and there is no assurance they will prove to be correct. Furthermore, such forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others: general business, economic, competitive, political, regulatory and social uncertainties; disruptions or changes in the credit or securities markets; changes in labour costs or other costs; political instability, hostilities, insurrection or acts of war or terrorism; adverse changes in government legislation and regulation; adverse fluctuations in commodity and input prices; failure to raise sufficient funding to meet development plans and budgets, satisfy contractual obligations and additional capital needs generally; changes or disruptions in financial markets and capital goods markets; increased infrastructure, marketing and/or operating costs; failure to adequately protect intellectual property; the Company’s lack of operating history and no history of earnings; limits of insurance coverage and uninsurable risk; environmental risks and hazards; failure to comply with laws and regulations or other regulatory requirements; the impact of competitive conditions; the inability of the Company to retain its key management employees and shortages of skilled personnel and contractors; influence of third party stakeholders; risks of litigation; failures or deficiencies in the Company’s system of internal controls; conflicts of interest; credit and/or liquidity risks; and the risks involved in the industry generally. Although Heritage has attempted to identify important factors that could cause actual performance, achievements, actions, events, results or conditions to differ materially from those described in forward-looking information, there may be other factors that cause performance, achievements, actions, events, results or conditions to differ from those anticipated, estimated or intended. 2

“It is not the honor that you take with you, but the heritage you leave behind” - Branch Rickey 3

HERITAGE AT A GLANCE Corporate Structure 4

THE HERITAGE STRATEGY Maximizing domestic and international revenue opportunities through extraction expertise and know-how. Providing true turnkey product development and manufacturing solutions for our partners. GROW PRODUCTS OIL MEDICAL DISTRIBUTION IP SEED TO SALE – A VERTICALLY INTEGRATED BUSINESS 5

HERITAGE AT A GLANCE Strategically positioned, coast to coast GROW PRODUCTS OIL MEDICAL IP British Columbia Ontario 6

Global cannabis market Legal cannabis spending in billion U.S. dollars Forecast legal cannabis spending worldwide from 2016 to 2024 (in billion U.S. dollars) 7 https://www.statista.com/statistics/820158/global-legal-cannabis-market

Strategy execution GROW OIL* DISTRIBUTION IP PRODUCTS* MEDICAL* LICENSED P PRODUC UCERS RS CANNACURE NIAGARA, ON VOYAGE FALKLAND, BC extr ex tracti tion PUREFARMA KELOWNA, BC ME MEDICAL AL BRITELIFE KELOWNA, BC LICENSED PRODUCERS CANADA 8 * Subject to regulatory approval

assets & key milestones 2018 MARCH NOVEMBER Voyage signs wholesale agreement with Canopy Acquires CannaCure, licensed producer, based in Fort Growth to supply cannabis and products to the Erie, ON medical market Closes $7.5 million private placement Voyage Phase 1 construction completed in Falkland, BC CannaCure begins its first cannabis grow JULY DECEMBER Voyage granted ACMPR license by Health Canada to Acquires Purefarma, an industry leading extraction cultivate cannabis group Phase 2 construction begins at Falkland, BC OCTOBER CannaCure granted ACMPR license by Health Canada CannaCure signs supply agreement with CannTrust 9