ATB Capital Markets

Ascend Wellness Holdings, LLC, established in 2018, is a vertically integrated multi-state operator in the cannabis industry. Based in Waltham, Massachusetts, the company specializes in the cultivation, production, and distribution of cannabis products, including flowers, strains, concentrates, and vapes. Ascend operates in five states: Illinois, Michigan, Massachusetts, New Jersey, and Ohio, with a focus on limited license markets east of the Rockies. The company sells its products through both company-owned and third-party licensed retail stores, generating the majority of its revenue from this segment. Ascend's commitment lies in breaking down traditional barriers in the cannabis marketplace and redefining the industry.

Tamarack Valley Energy is a Calgary-based company engaged in the exploration, development, and production of crude oil and natural gas within the Western Canadian Sedimentary Basin. The company focuses on acquiring and operating repeatable, predictable resource plays, with key assets including Cardium light oil properties in Lochend, Garrington/Harmattan, and Buck Lake in Alberta, Viking light oil resources in Redwater, Foley Lake, and Westlock in Alberta, and heavy oil opportunities southeast of Lloydminster in Saskatchewan.

Yangarra Resources is a junior oil and gas company focused on the exploration, development, and production of natural gas and oil. Its operations are primarily located in Western Canada, specifically in Central Alberta, where the company has significant infrastructure and extensive landholdings. Yangarra's activities are concentrated in the Western Canadian Sedimentary Basin, encompassing areas such as O'Chiese, Willesden Green, Ferrier, Cow Lake, Chambers, and Chedderville.

Yangarra Resources is a junior oil and gas company focused on the exploration, development, and production of natural gas and oil. Its operations are primarily located in Western Canada, specifically in Central Alberta, where the company has significant infrastructure and extensive landholdings. Yangarra's activities are concentrated in the Western Canadian Sedimentary Basin, encompassing areas such as O'Chiese, Willesden Green, Ferrier, Cow Lake, Chambers, and Chedderville.

Rock Energy Inc. is a Calgary-based company that specializes in the exploration, development, and production of crude oil and natural gas in Western Canada, particularly in the southwest Saskatchewan area. Its key producing properties include Mantario/Laporte and Onward. As of December 31, 2015, Rock Energy reported proved plus probable reserves of 17.1 million barrels of oil equivalent (BOE) and total proved reserves of 11.4 million BOE. The company emphasizes a low-cost production approach and aims for growth through drilling, enhanced recovery technologies, and targeted acquisitions. Rock Energy was incorporated in 1988 and operates as a subsidiary of Raging River Exploration Inc. since July 1, 2016.

Pine Cliff Energy is a Canadian exploration and production company that specializes in natural gas. The company focuses on acquiring interests in petroleum and natural gas rights, as well as the exploration, development, and production of these resources. Its operations are primarily centered in the Western Canadian Sedimentary Basin, where Pine Cliff Energy often collaborates with other entities to enhance its activities. Through these efforts, the company aims to effectively manage and develop its energy resources.

Tamarack Valley Energy is a Calgary-based company engaged in the exploration, development, and production of crude oil and natural gas within the Western Canadian Sedimentary Basin. The company focuses on acquiring and operating repeatable, predictable resource plays, with key assets including Cardium light oil properties in Lochend, Garrington/Harmattan, and Buck Lake in Alberta, Viking light oil resources in Redwater, Foley Lake, and Westlock in Alberta, and heavy oil opportunities southeast of Lloydminster in Saskatchewan.

Yangarra Resources is a junior oil and gas company focused on the exploration, development, and production of natural gas and oil. Its operations are primarily located in Western Canada, specifically in Central Alberta, where the company has significant infrastructure and extensive landholdings. Yangarra's activities are concentrated in the Western Canadian Sedimentary Basin, encompassing areas such as O'Chiese, Willesden Green, Ferrier, Cow Lake, Chambers, and Chedderville.