Climate Change Data

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• The impact of the novel coronavirus (COVID-19) pandemic on the global economy and our operations remains uncertain, which could have a material adverse impact on our business, results of operations and financial condition and on the market price of our common shares.
• Increased competition by larger and better financed competitors could materially and adversely affect our business, financial condition and results of operations.
• Our cannabis crop could be harmed by pests, plant diseases or other agricultural risks which would have a material adverse affect on our business.
• We may experience increased costs during the growth stage of the cannabis due to the possibility of rising energy costs.
• The cannabis industry is difficult to forecast due to the industry being in the early growth stages.
• Our public image and the consumer perception of us is greatly influenced by scientific research, regulatory investigations, and media attention.
• Federal regulation and enforcement may adversely affect the implementation of cannabis laws and regulations may negatively impact our results of operations.
• Under U.S. federal law, banks or other financial institutions that provide us with banking services could be found guilty of money laundering, which restricts our ability to receive reputable banking services and adversely affects our business operations.
• The Independent Alcohol Distributors of Nevada have obtained a preliminary injunction against the issuance of recreational marijuana licenses to anyone other than licensed alcohol distributors.

Mitigation Strategies

• We do not yet know the full extent of any impact on our business or our operations, however, we will continue to monitor the COVID-19 situation closely, and intend to follow health and safety guidelines as they evolve.
• We may not have sufficient resources to maintain research and development, marketing, sales and client support efforts on a competitive basis
• Failure to comply with environmental and safety laws may result in us incurring additional costs for corrective measures.
• We are vulnerable to rising costs of energy due to our need to consume considerable amounts of energy to grow our product.
• Detailed sales forecasts are not generally obtainable from sources at this early stage of the medical marijuana industry in the United States.
• We are monitoring the current federal administration’s, the DOJ’s and Congress’ positions on federal marijuana law and policy.
• We believe we operate our business in compliance with applicable Nevada, California, Ohio and Arkansas laws and regulations.
• We ensure, as far as reasonably possible, that it will have sufficient capital in order to meet short-term business requirements, after taking into account cash flows from operations and the Company’s holdings of cash.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• best dispensary in Arkansas by Ark420.com

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Limited operating history
• Incurred losses in prior periods
• Risks attributable to subsidiaries
• Exposure to product liability claims
• Exposure to product recalls
• Uncertainty regarding the impact of the COVID-19 pandemic
• Dependence on key executive officers
• Potential for litigation
• Market downturns
• Intense competition
• Limited number of licenses
• Insufficient resources
• Failure to comply with environmental and safety laws
• Agricultural risks (pests, diseases)
• Rising energy costs
• Difficulty in forecasting the cannabis industry
• Negative publicity
• Federal regulation and enforcement
• Restrictions on banking services

Mitigation Strategies

• Improving NMG’s existing facility
• Refining product availability
• Lowering production costs
• License application
• Acquisitions
• Monitoring the COVID-19 situation
• Attracting and retaining qualified personnel
• Complying with environmental and safety laws
• Securing long term debt, cash flow positive operations and increased sales
• Access to capital resources through potential public or private issuances of debt or equity securities

Supply Chain Management

Climate-Related Risks & Opportunities