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Cannabis Operator Zenabis Global Scales Rapidly by Relying Upon Innovative Financing Techniques - RICH TV LIVE - SEPTEMBER 13, 2019 - Exclusive Interview with Zenabis CEO Andrew Grieve In January, Zenabis Global (TSX: ZENA) was formed as the result of the reverse takeover of Bevo Agro by Sun Pharm Investments. In less than a year, the company has increased its licensed production capacity from five tons to more than 50 tons. CEO Andrew Grieve spoke with New Cannabis Ventures about the company’s values, growth strategy, and approach to funding. The audio of the entire conversation is available at the end of this written summary. Grieve has a background in finance and technology ventures, as well as the military. Before becoming CEO of Zenabis, Grieve worked with the Benne family, the majority owners of Bevo Agro. When the family first considered entering the cannabis space, they asked for his perspective. Grieve helped orchestrate the RTO that formed Zenabis, and the board of directors asked him to fill the role of CEO. The Zenabis Team and Values The company and its team are built around a shared set of values: compliance, responsibility, excellence, and delivery. Grieve is joined on the management team by other leaders like Chief Growing Officer Leo Benne, Chief Revenue Officer David Lluncor, and CFO Mike Smyth. Benne helped build Bevo Agro from 2.5 acres to more than 50 acres. Lluncor has a depth of experience in the CPG and grocery space. Smyth served as CFO of a company that later sold to Canopy, according to Grieve. Zenabis Team Huddle Rapid Growth Zenabis started as a relatively small producer with just five tons of capacity. The company increased that capacity to 50 tons at a rapid pace, and it aims to reach 140 tons of licensed capacity by the end of the year. The company’s business model combines that high level of growth with a low cost of cultivation and production. For example, the company’s cash cost of cultivation at its Atholville, New Brunswick facility in the second quarter was $0.78 per gram. Cultivation and Distribution Zenabis has four licensed facilities in Canada: a 25,000-square-foot indoor facility in Delta, British Columbia; a 460,000-square-foot facility in Langley, British Columbia (part of a larger 2.1 million-square-foot greenhouse); a 255,000-square-foot facility in Stellarton, Nova Scotia; and the 380,000-square-foot facility in Atholville. Additionally, the company has a 10.5-acre site in Aldergrove, British Columbia and a five-acre site in Pitt Meadows, British Columbia for floral propagation and the cultivation of hemp. Zenabis Langley Facility The company has an extensive distribution network that spans nine provinces and the Yukon Territory. Zenabis also has medical distribution through an online platform and partnerships with Shoppers Drug Mart and Pharmasave. Outside of Canada, Zenabis expects to have its first shipments to the EU through its Malta joint venture in the fourth Q. The Brand Portfolio Capacity is only part of what it takes to become a major player, according to Grieve. The company is also focused on having products that consumers want, both flower and value-add options. The company’s current brand portfolio includes the premium recreational brand Namaste and the medical brand Zenabis. The company also plans to launch Founders Reserve, a micro cultivation brand, through its Zen Craft Grow program. Zenabis will soon have one of the first micro cultivation licenses through a partner, according to Grieve. CBD STORE - https://www.amazon.com/s?me=A3POQZOV0ULBLF&marketplaceID=ATVPDKIKX0DER Visit www.richtvlive.com for daily videos #RICHTVLIVE #ZENABIS #NEWS Disclaimer RICH TV LIVE company profiles and other investor relations materials, publications or presentations, including web content, are based on data obtained from sources we believe to be reliable but are not guaranteed as to accuracy and are not purported to be complete. As such, the information should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed in RICH TV LIVE reports company profiles or other investor relations materials and presentations are subject to change. RICH TV LIVE and its affiliates may buy and sell shares of securities or options of the issuers mentioned on this website at any time. Investing is inherently risky. 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