Origin House (fka ORHOF)

[JohnCM]

DESCRIPTION OF THE BUSINESS

OVERVIEW OF CANNAROYALTY

CannaRoyalty is a North American cannabis consumer product company currently focused on building a
leading distribution and manufacturing business in California, the world’s largest regulated cannabis
market. By building a world-class logistics platform and supporting contract manufacturing assets, the
Company intends to support the growth of both new and established cannabis brands. The Company’s
long-term focus is on building and supporting a diversified portfolio of branded cannabis consumer
products, focused in California.
California transitioned to a full adult-use cannabis market in January 2018. It is the largest regulated
cannabis market in the world (currently estimated to be US$5.2 billion in 2018 according to Forbes
magazine) and has a history of over 20 years of state-legalized medical use. The Company believes
California, home to some of the world’s most discerning consumers and a nexus of information and
trends, will be the point of inception for the global cannabis brands of the future. In the Company’s
view, only superior products and brands will be able to succeed in the global cannabis market over the
long term. CannaRoyalty believes that cannabis consumer products that win in California will have a
unique advantage competing not only in other U.S. jurisdictions, but also in Canada and across the globe.