Information PresentationOctober 9th, 2018

1

Disclaimers

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CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION: This document includes information, statements, beliefs and opinions which are forward-looking, and which reflect current estimates, expectations and projections about future events, including research and

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of the Company, order cancellations, standard risks present in the agriculture industry including crop failure, general economic, market and business conditions and industry growth rates; changes in the competitive environment in the markets in which the Company operates and from the

development of new markets for emerging technologies; industry trends, technological developments, and other changing conditions in the Company’s industry; the Company’s ability to execute its strategic plans; technology, cyber security and reputational risks; opportunities that may be

presented to and pursued by the Company; and changes in laws, regulations and decisions by regulators that affect the Company or the markets in which it operates. In addition, even if the outcome and financial effects of the plans and events described herein are consistent with the

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which we believe are reasonable as of the current date and/or management's good-faith belief with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Company’s control. You

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Historical statements contained in this document regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. In this regard, certain financial information contained herein has been extracted from, or based upon,

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2

The Transaction

On October 4th, 2018 Bevo Agro Inc. (“Bevo”) announced that Sun Pharm would acquire Bevo via a reverse-takeover (“RTO”). Bevo

will spin out its shares of Cubic to the existing shareholders, and in the process list CubicFarms. The following illustrates the

proposed RTO transaction.

Current Structure

Bevo Agro Inc.

CubicFarm Systems

Corp.

Other

CubicFarms

Shareholders

Bevo

Shareholders

Publicly Traded Entity

Private Entity

Zenabis Global Inc.CubicFarm Systems

Corp.

Other

CubicFarms

Shareholders

Zenabis Global

Inc.

Shareholders

Publicly Traded Entity

Structure After Closing of the RTO

Publicly Traded Entity

Bevo

Shareholders

Prior to

Closing

Bevo owns ~43% of

Cubic1

Other CubicFarms

shareholders own

~57% of Cubic1

For each Bevo share

owned, shareholders

receive 1.002 shares of

CubicFarms

Note: 1. Excluding options and warrants that have not yet been exercised.

Ownership Post-Closing of RTO1 Ownership

Dave Dinesen (CEO) 15.1%

Dean Drysdale (Head of Cubic Capital) 14.8%

Benne Family (Includes Head of Innovation, CFO and Founder) 25.0%

John DeJonge (Chief Engineering and Manufacturing Officer) 4.2%

Other Shareholders (Including Bevo Float) 40.9%

John de Jonge | Manufacturing and Product Development Expert

As the owner of Artex Barn Solutions for over 23 years, John de Jonge has a wide range of manufacturing and product

development experience in the agriculture industry. In his early days at Artex, John managed the shift of manufacturing

from Canada to China. As a result of this shift, he has become well-known in the industry for bringing quality

manufactured products to markets around the world, and has invested in multiple equipment dealerships in both

Canada and the United States. At CubicFarms, John de Jonge will lead Cubic’s manufacturing and engineering team.

3

The Story

CubicFarms unites three groups of uniquely talented individuals who, together, have the growing experience to develop this unique

technology, the manufacturing experience to produce the units, and the business experience to sell their innovative products.

Leo Benne & Jack Benne | Cultivation Experts

As the founders of Bevo, the leading supplier of propagated plants in North America, the father-son combination of Jack

and Leo Benne developed the revolutionary technology that is the basis for CubicFarms – the CubicFarm system. Jack

and Leo spent years experimenting with hydroponics and different growing system configurations to design a solution

that could provide significant competitive advantages in yields, resource efficiency and plant consistency. Today, Jack

and Leo Benne continue to follow their passion by enhancing the CubicFarm system and growing different cultivars at

the Pitt Meadows facility.

Dave Dinesen & Dean Drysdale | Seasoned Management

Dave Dinesen and Dean Drysdale are two experienced entrepreneurs who successfully built BackCheck into the

Canadian leader in background screening and a global business. Observing the tremendous global opportunity for

vertical farming and Jack and Leo Benne’s unparalleled technology, they partnered with the Benne’s to form a perfectly

complementary team. Dave Dinesen and Dean Drysdale will lead CubicFarms’ corporate client acquisition, international

growth, and day-to-day management.

CubicFarms has developed the CubicFarm system, a growing system that uses a patented,1undulating path to

improve resource efficiency for farms worldwide. CubicFarms believes this technology:

achieves higher yields, grows better produce, uses less water and is more

environmentally friendly than alternative farming techniques

Strong Seed-to-Store-Shelf Brand

In addition to the growing machines, CubicFarms has developed proprietary propagation and seeding processes,

packaging, and a retail brand. CubicFarms intends to utilize these items to create value for CubicFarmers, local

grocers and the end-consumer. This brand is intended to:

stand out on the shelf and have a reputation for being fresh, local and flavourful

Where possible, CubicFarms intends to implement a strategy wherein it creates joint ventures with customers to

reduce capital requirements, promote research and development, and improve scalability. This is intended to:

generate long-term earnings, improve the operating experience, and reduce customer

capital requirementsJoint Venture Strategy

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Opportunity Highlights

Experienced Management

Revolutionary and Patented Technology

CubicFarms’ created a balance management team with growing expertise, engineering and manufacturing global

agriculture projects and installations, and experienced entrepreneur business leaders to capitalize on this global

idea. The team is:

experienced in agriculture, management, manufacturing and engineering

Note: 1. See slide 20 for patent details.

5

Capital Raised

To date, CubicFarms has raised ~$5.3m in equity capital.

Round Shares Issued2 Share Price2 Capital Raised

Post-Money Shares

Outstanding2

Seed Round (May 2016) 46,000,000 $0.0022 $100k 46,000,000

Class A Preferred (Dec 2016)1 2,953,614 $0.1946 $575k 54,344,768

Class A Preferred (Oct 2017)1 5,756,532 $0.1946 $1.1m 60,101,300

Class B Preferred (June 2018) 4,266,868 $0.8261 $3.5m 64,368,168

Total $5.3m

Notes: 1. Have been converted into common shares. 2. After taking into account 46:1 share split.

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Outside The CubicFarm System

Expandability

Each CubicFarm system is expandable without

interrupting current crop production or workflow. One

Cubic irrigation system can support up to four complete

systems.

Individual Growing Machines

Each growing machine is segregated and individually climate

controlled to accommodate a wide variety of crops each with

the ideal environment. Each growing machine is controlled by a

proprietary app to control lighting schedules, climate, machine

speed, and irrigation.

Centralized Work Space

Each growing chamber opens up to the centralized work

space that accommodates all planting, harvesting and

packaging as well as monitoring of all crops. The machine

brings all crops to the front of each frequently to

accommodate efficient harvesting and planting.

7

Inside The CubicFarm System

Each growing machine has more than

200 trays of plants. Trays and inserts are

easily swapped out for different crops and

densities to ensure maximum flexibility.

Each growing machine is built inside a

custom built, stainless steel (inside and

outside are stainless), highly-insulated,

high-cube container. The walls and ceiling

form the exoskeleton of the machine for

optimization of the interior space.

Each growing machine is supplied with its

own irrigation requirements, based on the

type of crop, and the stage of crop. All

irrigation is provided from our centralized

irrigation system, but individualized via

our proprietary app.

Lights are installed only at the top of each

growing machine, on either side of the

environmental ducting.

A patented conveyor system is used to

move the trays through the growing

chamber. The speed is managed through

CubicFarms’ custom app that sets the

speed depending on crop variety and

activity, such as growing, harvesting or

planting.

A water recycling system is used to

minimize fresh water consumption and

monitor nutrient levels.

Produce is grown hydroponically in trays,

without soil. Plants are grown in their

natural horizontal position, and utilize

gravity to ensure even distribution of

water and nutrients, ensuring even growth

of every plant on each tray to maximize

yield.

The undulating path creates multiple “V

shape” areas. A light at the top of each

“V” ensures all sides of the plants are

bathed in light during each rotation. One

light is able to service multiple trays of

plants.

Benefits of the CubicFarm System

8

The management team believes the CubicFarm system is ideal for high volume, leafy and other similar crops. The management team

believes the CubicFarm provides efficiency, automation, energy, water, and labour savings and eliminates the need for pesticides.

Traditional

Growing

Labour

Quality

Water

Time

Environmental

Workers walk across a growing area, lift heavy equipment and place

severe strain on their bodies

With a one-touch handling process, currently each CubicFarm system

machine requires only ten labour hours per week

Crops are grown in varying and inconsistent conditions, creating

high variability in crop quality

With consistent growing conditions year-round in CubicFarm

system machine, crops can be consistently high quality

At least 12 litres of water are used to grow a head of field lettuce,

with no recycling possible

Water is recycled within the CubicFarm system and, as a result, each

head of lettuce needs less than 1 litre per head of lettuce

Suboptimal growing conditions lead to longer growing cycles and

growing is limited to certain seasons

Closely monitored conditions and advanced technology lead to growing

cycles as low as 5-21 days1

Uses a mixture of insecticides, pesticides, fertilizers and GMOs Uses only fertilizer

Note: 1. Depending on size and variety required.

9

The Freshest Produce | (1/2)

Breen (Red Romaine) Lettuce

Italian Basil

Green Leaf Lettuce

Green Leaf Lettuce

Produce grown by the CubicFarm system is intended to be fresh, flavourful and consistent. CubicFarms can grow hundreds of

varieties of leafy greens, herbs, microgreens and other crops, with a few products presented below.

10

The Freshest Produce | (2/2)

The resulting produce quality is evident in the below photos.

Butter Lettuce BlendSpring Lettuce Trio Microgreens

11

Footprint

CubicFarms has a facility in operations in Pitt Meadows, British Columbia and three installations under development. CubicFarms

intends to be an equity investor in one of these installations. CubicFarms has a sales pipeline with potential installations in the United

States, Europe, and the Carribbean.

CubicFarmsPitt Meadows, British Columbia

CubicFarm growing machines: 11

Operational (owned by CubicFarms)

Del Fresco ProduceKingsville, Ontario

CubicFarm growing machines: 12

Operations Scheduled for Q4 2018Confidential Partner

Vancouver, British Columbia

CubicFarm growing machines: 1

Operations Scheduled for Q1 2018

Swiss Leaf Farms(40% CubicFarms equity interest)

Edmonton, Alberta

CubicFarm growing machines: 12

Operations Scheduled for Q4 2018

12

The Pitt Meadows Facility

▪ The first shipment of CubicFarm growing machines was delivered to the facility in Pitt

Meadows, British Columbia on the land of Bevo Agro Inc.

▪ With an expert team and an ideal location, the facility recently commenced shipping

product locally

▪ The facility expects to launch produce sales with a major retailer on October 12th, 2018

▪ Using the adjacent land, CubicFarms’ management expects to expand the facility to

over 144 growing machines in several phases; at its peak capacity, CubicFarms’

management believes this facility fulfill 10% of the lettuce demand in the Lower

Mainland in British Columbia1

Facility Features

11 growing machines are currently operational, with various crops being cultivated for local

grocers

Hundreds of crop varieties have been successfully grown and growing machines are

currently being used to further test different cultivars

CubicFarms’ management expects 1.2m heads of lettuce, 6m plugs of basil or over

150,000lbs of microgreens or any combination thereof to be produced annually in the Pitt

Meadows facility under the current configuration

CubicFarms has established an 11 growing machine system, complete

with germination and irrigation machines in Pitt Meadows, British

Columbia. CubicFarms has already ordered an additional 12 growing

machines to more than double this capacity by early Q1 2019.

13

Del Fresco

CubicFarms has several deposits for systems, including one from Del Fresco, one of the most innovative and respected greenhouse

growers in Canada.

▪ Del Fresco Pure® (“Del Fresco”) is a large customer of CubicFarms and will

be receiving 12 CubicFarm growing machines in Q4 2018

▪ Del Fresco is family-owned and have been in business since the 1950s

▪ Del Fresco grows greenhouse vegetables using innovative hydroponic

methods and delivers them seamlessly to retailers

▪ They currently grow tomatoes, peppers, cucumbers, beans, strawberries,

and eggplants

▪ Del Fresco is a respected innovator and thought-leader in the agriculture

industry

The LivingCube™

▪ Del Fresco intends to utilize CubicFarms growing machines to supplement

its existing greenhouse growing capacity

▪ Del Fresco will advertise produce grown using CubicFarms machines as

“Living Lettuce,” “Living Basil,” and “Living Micogreens,” reflecting the fact

that the produce continues to grow after being harvested2

Company Overview

Thriiv Local Garden

14

CubicFarms has developed a produce brand called Thriiv Local Garden. The brand utilizes patent-pending packaging that allows

produce such as lettuce, basil and microgreens to continue growing at home after purchase.

Green Leaf Lettuce in Thriiv Packaging

FRESHThriiv Local Garden products are delivered to the store

with the root on and stay fresh during transportation.

CubicFarms’ management believes this is an innovative

product offering. This offering fits the goal of

CubicFarms to provide high-quality produce to

consumers in a sustainable manner.

INNOVATIVE

CubicFarms’ management believes Thriiv Local Garden

products achieve a higher quality than other produce

brands as a result of the consistency of CubicFarm

systems.

HIGH QUALITY

Thriiv-branded products reduce waste by remaining

alive until consumption and thus reducing wastage.

REDUCE

WASTE

CubicFarms’ management estimates this packaging

allows produce to be stored in the fridge for up to three

weeks, or left on a windowsill and watered, where it will

continue to grow.

PATENT-

PENDING

COMPOSTABLE

PACKAGING

15

Leadership Team

Dave Dinesen

President & CEO

Dean Drysdale

Cubic Capital

John Hoekstra

Chief Financial Officer

Leo Benne

Chief Innovation Engineer

Dean has extensive experience

growing early-stage ventures into

large international companies.

Working in a variety of industries,

Dean’s two most successful

ventures were Carmanah

Technologies and BackCheck. At

BackCheck, Dean led the team as

the Chief Financial Officer and in

various board positions. Dean is

currently the Chairman of

Merchant Advance Capital, an

innovative financial firm.

Dave is an expert in global

operations management,

corporate client acquisition, and

non-traditional sales approaches.

As the Chief Executive Officer of

BackCheck, Dave grew the

company from a small business

based in Surrey, British Columbia

to an industry-leading,

internationally-renowned company

operating on three continents.

Dave has a passion for

agriculture, and has been working

with Bevo to develop CubicFarms

since 2015.

John is currently the Executive

Vice President and Chief

Financial Officer of Bevo. He

joined Bevo in 2004, shortly after

Bevo went public. Prior to joining

Bevo, John worked as a Supply

Chain Manager at Air Liquide

Canada, and at Unitor Ships

Service as Branch Manager. He is

a Chartered Professional

Accountant (CPA, CGA) and

holds a Business Administration

degree from Redeemer University.

Leo is currently Vice President

and Director of Bevo. Leo gained

advanced knowledge of modern

horticultural methods at Rijks

Middelbare Tuinbouwschool in

Holland. With experience in the

application of computer

technology to the production of

plants, he has been a key figure in

the development of Bevo. Leo has

overseen every stage of the

company's operations, from

planting to shipping. Leo has led

Bevo to become the leading plant

propagator in North America.

CubicFarms has a world-class management team with experience in agriculture, manufacturing, management, sales, and finance.

John de Jonge

Chief Design Officer

John is a seasoned agriculture

and manufacturing executive.

John first entered the agriculture

industry in 1995 when he

purchased Artex Barn Solutions.

While at Artex, John oversaw the

shift of manufacturing from

Canada to China. As a result of

this shift, he has become well-

known in the industry for bringing

quality manufactured products to

markets around the world and has

invested in multiple equipment

dealerships in both Canada and

the United States.

Innovation and R&D

16

Simultaneous to its global expansion, CubicFarms will remain at the forefront of innovation in vertical farming technology through

initiatives led by Leo Benne at the Pitt Meadows facility.

The FutureToday

A unique, undulating-path growing system

with patents in a dozen countries including

Canada

Continuous iterative improvements at the Pitt

Meadows facility leading to new crop types,

quicker growth cycles and new germination

methods

Extensive research on new crops that are

not traditionally grown in vertical farms

The combination of vertical farming and

cannabis cultivation through a new joint

venture with Zenabis called ZenCube

Industry Outlook

17

The vertical farming industry is driven by favourable shifts in macro-economic, consumer preference, and technological trends. The

future potential of the space has fueled considerable interest and investment.

As the world population increases, there is both less water and arable land available for farming3 4

The world needs to find alternatives to traditional farming for sustainable, long-term crop development

Vertical Farming is a radical and disruptive new agriculture technology

with a projected market value of $8.3bn by 20235

Major players in the vertical farming space have received ~$400m6 7 8 in funding from high-profile investors

Jeff Bezos Eric Schmidt

Note: 1. Amounts converted at USD = 1.30 CAD.

Contact UsCubicfarms.com

Appendix

20

Intellectual Property

Patent Status Locations

Granted

Canada, China, New Zealand, Saudi Arabia, South Africa, Europe

(paperwork pending for 32 EU countries), Japan, Australia, Korea,

and Eurasia

Pending United Arab Emirates, Bahrain, India, Oman, and the United States

The following table lists the patents granted and pending by location for technology used in CubicFarms systems.

21

Sources

1 Based on Canadian consumption of 60 heads of lettuce per year, and 144 systems operating at full

capacity, CubicFarms could produce enough lettuce to meet the lettuce demand for 259,000 Canadians.2 http://www.delfrescopure.com/3 http://www.bbc.com/future/story/20170405-how-vertical-farming-reinvents-agriculture 4 https://www.agrilyst.com/stateofindoorfarming2017/ 5 https://globenewswire.com/news-release/2017/05/26/999370/0/en/Vertical-Farming-Market-Expected-to-

Reach-6-4-Billion-by-2023-Globally-Allied-Market-Research.html6 https://www.businessinsider.com/vertical-farming-company-jeff-bezos-plenty-china-2018-1 7 https://www.fastcompany.com/90239250/bowerys-automated-indoor-farm-is-growing-fast8 https://www.crunchbase.com/organization/aerofarms/funding_rounds/funding_rounds_list#section-

funding-rounds