Merida Capital Partners

across five funds and

co-investments

professionals across North America advising and supporting investments in the state-legal cannabis industry

began advising state-legal cannabis companies

years of collective cannabis industry experience among senior staff

began investing in cannabis related companies

states plus the District of Columbia have access to legalized cannabis Source: New Frontier Data, “The Global Cannabis Report”

increase in jobs within the industry in a single year, more than any other American industry

Source: Leafly

* All data as of 12/31/22

With deep experience across the entire cannabis supply chain, Merida's investment thesis is focused on the normalization of cannabis in the US and around the world, and grounded primarily in four distinct verticals that span medical and adult-use markets and ecosystems We seek compelling long-term value as the industry matures by investing in well-managed, revenue generating companies offering cannabis-based businesses essential products or services We are invested in over 75 companies and manage $350 million across five funds and co-investments

AQUEDUCT OF THE MIRACLES

Merida Capital Holdings is named for the Aqueduct of the Miracles (Acueducto de los Milagros) Located in Mérida, Spain, the aqueduct is one of the most successful and innovative infrastructure projects in world history Over 2,000 years ago, the Aqueduct system contributed significantly to the establishment of foundational elements that still exist in the region today Large sections of the Mérida aqueduct are still standing and are preserved as a UNESCO World Heritage Site