Q4 2019 Cannabis A Better Way Management Presentation Q3 2019 - PowerPoint PPT Presentation

Cannabis “A Better Way” Management Presentation Q3 2019 Q4 2019

Cannabis “A Better Way” Management Presentation Q3 2019 Disclaimer This presentation contains forward-looking uncertainties and other factors which may cause the events or results to differ materially from those statements or forward-looking information within the actual results, performance or achievements of described in forward-looking statements and forward- meaning of applicable securities laws which may GreenField, or industry results, to be materially looking information, there may be other factors that include, but is not limited to, statements or different from any future results, performance or cause actions, events or results to differ from those information with respect to the nature of the achievements expressed or implied by such forward- anticipated, estimated or intended. Forward-looking business and operations of the GreenField Global looking statements and forward-looking information. statements and forward-looking information Projects Inc (“ GreenField ”) . Often, but not always, Such factors include, but are not limited to: the contained herein are made as of the date of this forward-looking statements and forward-looking difficulties associated with the nature of GreenField's presentation, and GreenField disclaim any obligation information can be identified by the use of words business and operations; the ability to obtain to update any forward-looking statements or such as "plans", "expects", "is expected", "budget", necessary financing; the economy generally; current forward- looking information if these beliefs, "scheduled", "estimates", "forecasts", "intends", and future stock prices; results of operations; estimates and opinions or circumstances should "anticipates", or "believes" or the negatives thereof or availability of permits and licenses; market change, except as required by applicable law. There variations of such words and phrases or statements conditions; the regulatory and foreign environment; can be no assurance that forward-looking statements that certain actions, events or results "may", "could", future capital and other expenditures (including the and forward-looking information will prove to be "would", "might" or "will" be taken, occur or be amount, nature and sources of funding thereof); accurate, as actual results and future events could achieved. competitive advantages; fluctuations in foreign differ materially from those anticipated in such currency exchange rates; business prospects and statements and information. Examples of such statements include expectations opportunities; transportation delays, accidents, regarding the ability to raise capital and to be able to labour disputes and other risks in the medical Accordingly, readers should not place undue reliance obtain and maintain all applicable licenses and marihuana industry; political developments; arbitrary on forward-looking statements and forward-looking permits for GreenField ’s operations, treatment under changes in law; delays in obtaining governmental information due to the inherent uncertainty in them. governmental regulatory regimes and tax laws, approvals and anticipated and unanticipated costs; as All forward-looking statements and forward-looking capital expenditure programs and the timing and well as those factors discussed in the section entitled information contained or incorporated by reference method of financing thereof and future development "Risk Factors" in this presentation. in this Filing Statement are qualified by this plans and status of assets, future growth and cautionary statement. performance. Although GreenField has attempted to identify important factors that could cause actual actions, Forward-looking statements and forward-looking information involve known and unknown risks,

Cannabis “A Better Way” Management Presentation Q3 2019 We’ve Done This Before Cannabis is now a Global Industry Greenfield spent several months designing what was to be, at that time, the most advanced growing facility in Canada. During the development stage several third world and developing countries legalized cannabis causing Greenfield to re-evaluate the industry and make a paradigm shift.

Cannabis “A Better Way” Cannabis “A Better Way” Management Presentation Q3 2019 Management Presentation Q3 2019 Greenfield Global Projects Jamaica why are we here: o Jamaica provides low costs of labour and production, equating to ultra low cost/gram ($0.17-$0.25 per gram, $0.95-$1.40/g of extract) Jamaica has an ideal climate for year-round production. Supportive and motivated political environment with best credit rating and lowest corruption score of developing countries allowing full cannabis production What is the Project: o Cannabis based cultivation, production, extraction, research and development company located on 109 acres o Planned cultivation capacity of 100,000kg+ of biomass and 15,000kg of extracted product per year o Facility will be EU-GMP certified, allowing for export of product to global markets Why we will be successful: o Greenfield is comprised of a team of cannabis experts with more than 90 years of LEGAL cannabis experience that have successfully met the regulatory requirements for cannabis cultivation in Canada and Jamaica o Low cost of production in ideal growing conditions o Singular focus on achieving positive cash flow Where we are at: o Cultivation license achieved in August 2019 on 6.5 acres (first crop planted Q1 2020), license for production and R&D license expected Q1 2020 o EU GMP certification tentatively projected for Q4 2020 o Planning to IPO on the CSE in Q1 2020

Cannabis “A Better Way” Cannabis “A Better Way” Management Presentation Q3 2019 Management Presentation Q3 2019 Estimated Production and Unit Economics 100,000kg $4.00 $0.17 - $0.25 Estimated biomass Cost per gram to Dried flower average production annually produce wholesale price per gram 15,000KG $0.95 - $1.40 $13.00 Cost per gram to Cannabis oils average Estimated extracted produce wholesale price per g product annually

Cannabis “A Better Way” Cannabis “A Better Way” Management Presentation Q3 2019 Management Presentation Q3 2019 Cost of Production Comparison Jamaica Canada Production cost per gram for Canadian suppliers can range from $1 -2 while CPG Indoor CPG Greenhouse production cost in Jamaica $1 - $2 $0.17 - $0.25 is estimated at $0.17 - $0.25 per gram for greenhouse cultivation

Cannabis “A Better Way” Cannabis “A Better Way” Management Presentation Q3 2019 Management Presentation Q3 2019 GreenField Operation vs. Competition Retractable Roof and Sides Hurricane Proof Jacana St Ann Kaya St Ann 10 acres of former sugar cane- growing land leased from the government They estimated the Jamaican assets to be worth about C$45 million and pointed to similar deals done by Canopy Growth Corp. and Aurora Cannabis Inc . Oliver Rowe & Ben Isaacson Marigold (Aphria) Light Temperature and Humidity Computer Control Bank of Nova Scotia analysts Greenfield is bringing 21 st century cannabis agriculture to Jamaica for the first time

Cannabis “A Better Way” Cannabis “A Better Way” Management Presentation Q3 2019 Management Presentation Q3 2019 Greenfield will partner with InPlanta Biotechnology IGOR KOVALCHUK, MD, PHD, MBA Igor Kovalchuk is a professor in the Department of Biological Sciences at the University of • InPlanta is the first Canadian nursery licensed in Lethbridge. He is an expert in plant genetic engineering, including plant transformations, Canada under the Cannabis Act. Key principals are tissue culture, next generation sequencing, gene Dr. Igor Kovalchuk and Dr. Darryl Hudson. expression analysis, bioinformatics and molecular biology. He holds 8 patents in the area of improvement plant transformation and tissue • Their genetics team has developed several thousand culture strains of cannabis, many of which have been patented. DARRYL HUDSON, PHD • InPlanta will review Greenfield’s growing conditions, Dr. Darryl Hudson received a PhD in Molecular Biology and Genetics from the University of cannabinoid specifications and required resistance to Guelph, Canada in 2010. He has published research in diverse fields including plant biology, local pests; then either recommend or develop a genetics, epigenetics, DNA repair mechanisms, strain that will meet Greenfield requirements. and carcinogenesis. In addition to participating in a recently published Cannabis genome sequencing project, Dr. Hudson has been breeding specialized new varieties of Cannabis for both the medical marijuana and agricultural hemp market.