iAnthus Capital Holdings Investor Presentation — April 2019

Document content

Transforming Cannabis

CNSX: IAN OTCQX: ITHUFTransforming Cannabis

June 20192Disclaimer

Cautionary Note Regarding Forward -Looking Information

This investor presentation dated April 15, 2019 contains certain “forward -looking information” or “forward -looking statements” a s defined under applicable securities laws (collectively, “forward -looking

information”) that involve a number of risks and uncertainties. Forward -looking information includes all statements that are pre dictive in nature or depend on future events or conditions. Forward -looking

information can often be identified by forward -looking words such as “will”, “could”, “should”, “may”, “anticipates”, “believes” , “expects”, “plans”, “intends”, “estimates”, “potential”, and similar

expressions. Statements regarding the operations, business, financial condition, priorities, ongoing objectives and outlook o f iAnthus Capital Holdings, Inc. (“ iAnthus ”), other than statements of historical fact,

constitute forward -looking information.

Forward -looking statements may include, without limitation, statements including the date of filing of the annual financial stat ements, the effect of redeeming legacy MPX debentures on the Company’s

cost of capital, the potential to receive proceeds on the exercise of outstanding warrants, the potential number of dispensar iesthe Company may open, the potential for future growth, the expected

completion date for the CBD For Life acquisition, the launch of sales for the Company in California, the Company’s plans to o pen dispensaries in Florida, Massachusetts, New York and New Jersey in 2019,

the Company’s plans to sell its products through its own licensed facilities and to target other dispensaries, the Company’s future cultivation and processing facilities and capabilities, dispensary locations,

facility build -outs, and other statements of fact.

Forward -looking information is not a guarantee of future performance and should not be unduly relied upon. Forward -looking infor mation reflects the analysis of the management of the parties only as of

the date hereof, and which by its nature involves numerous assumptions, inherent risks and uncertainties, both general and sp ecific that contribute to the possibility that the predictions and various future

events will not occur. The parties do not undertake any obligation to release publicly the results of any revision to the fo rward-looking information unless otherwise required by applicable law.

This presentation of iAnthus’ fiscal fourth quarter and full year results includes definitions and reconciliations for non -Inter national Financial Reporting Standards (“IFRS”) measures. The presentation can be