Building theInfrastructure

Expanding into Northern California

MissionProvide an unparalleledexperience that invites theworld to discover the remarkablebenefits of cannabis.

VisionWe believe that a worldwhere cannabis is legaland regulated is a safer,healthier and happier world.

Financial Highlights:

Licensed for:¹

78Retail Locations

1 Includes footprint to be acquired through announced PharmaCann transaction and other pending acquisitions in California and Michigan.

32Operating Stores

12States

Downtown LA

$30MRevenue

53%Gross Margin

39%Quarter-over Quarter

Sales Growth

FinancialHighlights

Fiscal Q2 2019

Clarence FosterNew SVP of Human Resources

Launched firstin-house premiumcannabis line

Launched first holiday issue of EMBER magazine

Michael KramerNew CFO

medmen.com

Consumer & Digital

Enhancingthe RetailExperience

MobilePOS

Gift Cards

Merchandising

RetailFootprint

This document contains “forward-looking statements” and “forward-looking information” within the meaning of applicable securities laws with respect to the Company.This document also refers to certain financial or performance measures that are not prepared in accordance with International Financial Reporting Standards. Please see “Forward-Looking Information and Risk Acknowledgements” and “Non-IFRS Financial and Performance Measures”, and associated disclosures, in the most recent corporate presentation of the Company available at www.medmen.com or in the corporate presentation that accompanies this document.

Q2

Operating in 12 States

Expanded intoArizona and IllinoisDuring Fiscal Q2

CaliforniaRetailHighlights

$7,895Annualized per

Square Foot Revenue4

$23.7MCalifornia Revenue

+24% EBITDA Margin

AZ

CA

NV

NYMA

MD

MI

VA

PA

OHIL

FL

1

Beverly Hills2

West Hollywood3

Bay Area - Seaside7

Emeryville8

San Jose9

Venice - Lincoln10

Venice - Abbot Kinney11

O.C. - Santa Ann12

LAX Airport4

San Diego - Kearny Mesa5

San Diego - Sorrento Valley6

Operational

Non-operational

California$100M CurrentRun-rate Retail Revenuein California³

Retail Licenses12

3 Annualized revenue based on fiscal Q2 2019 retail sales in California.

4 MedMen figures based on system wide revenue fiscal Q2 2019 average for stores in California.

2 Based on internal targets for California footprint over the next three years.

MedMen California Stores Perform 7x the State-wide Average²

In-StorePickup

MedMenExpects toOpen 16 Storesin 2019

Current End of CY 2019

Operational Non-operational

46 32 30 48

5 Includes Footprint to be acquired through announced PharmaCann transactionand other pending acquisitions in California and Michigan

Currently Licenced for78 Retail Stores5