we open three new dispensaries. After New Kensington, we plan to open our fourth Pennsylvania dispensary in Reading and then expand into the southeast region of the state.”

The Pennsylvania medical marijuana program was signed into law in early 2016 and provides access to state residents with one of 17 qualifying conditions, including epilepsy, chronic pain, and PTSD. Following Cresco Labs’ successful win in the state’s first highly competitive application process, the Company first entered the Pennsylvania market in February 2018 with the opening of its Butler retail dispensary, making the first ever legal sale of cannabis under Pennsylvania’s medical marijuana program. Cresco’s ﬂagship location in Pennsylvania, which opened in June 2018, is located in the historic Strip District of the city of Pittsburgh. The Company expects to openlimited market participation. Retail sales opened in February 2018 to a limited number of retail locations across the state. Pennsylvania's medical marijuana market is expected to become one of the biggest markets in the U.S.1 and due to the rapid acceleration of cannabis demand in Pennsylvania, Cresco Labs is currently implementing a 70,000 square foot expansion that will provide an additional 45,000 square feet of cultivation space at their Brookville facility.

In the state of Pennsylvania, Cresco Labs does business as Cresco Yeltrah.

1 Source: Marijuana Business Daily, January 2018

About Cresco Labs:

Cresco Labs, based in Chicago, is a leading U.S. cannabis company with experienced management, access to capital and a demonstrated growth strategy. As a differentiated grower, processor and retailer of premium cannabis operating in seven states, the company focuses