DISCLAIMER
Confidentiality and Disclaimer
The information contained in this presentation is confidential and shall be kept in strict confidence by you. You hereby agree that by accepting a copy of this presentation you will be deemed to have agreed to keep all information in this presentation strictly confidential and not to disclose, reproduce or transmit such information for any purpose whatsoever. Each person accepting this presentation hereby agrees to return it, along with any copies, promptly upon request. This presentation of Aura Health Inc. (“Aura” or the “Company”) is for information only and shall not constitute an offer to buy, sell, issue or subscribe for, or the solicitation of an offer to buy, sell or issue, or subscribe for any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The information contained herein is subject to change without notice and is based on publicly available information, internally developed data and other sources. Where any opinion or belief is expressed in this presentation, it is based on the assumptions and limitations mentioned herein and is an expression of present opinion or belief only. This presentation should not be construed as legal, financial or tax advice to any individual, as each individual’s circumstances are different. Readers should consult with their own professional advisors regarding their particular circumstances. The Company makes no representation or warranty, express or implied, as to the accuracy or completeness of any information (whether communicated in written or oral form), other than this presentation, regarding the Company or its affiliates transmitted or made available to you. The Company expressly disclaims any and all liability relating to, or resulting from, the use of such other information which may be provided to you. Prospective investors are encouraged to conduct their own analysis and reviews of the company and of the information contained in this presentation and to carefully review and consider the various disclosures made by the Company in its reports filed on SEDAR (www.sedar.com). None of the Company’s securities have been registered with or approved or disapproved by any Canadian provincial securities commission, by the U.S. Securities and Exchange Commission or by any state or foreign securities commission nor has any Canadian provincial securities commission, the U.S. Securities and Exchange Commission or any state or foreign securities commission reviewed or passed upon the accuracy or adequacy of this presentation. No independent person has confirmed the accuracy or truthfulness of the information contained in this presentation, nor whether it is complete. Any representation to the contrary is illegal. The securities being offered have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws. Any securities offered will be offered only to “accredited investors”, as such term is defined under Regulation D and Regulation S under the U.S. Securities Act, respectively, and to persons in Canada who are “accredited investors” as defined under National Instrument 45-106 - Prospectus Exemptions on a private placement basis only. The information in this document is not targeted at the residents of any particular country or jurisdiction and is not intended for distribution to, or use by, any person in any jurisdiction or country where such distribution or use would be contrary to local law or regulation.
Cautionary Statement Regarding Forward-Looking Information and Risk Factors
This presentation includes forward-looking information and forward-looking statements and information (collectively, "forward-looking information") within the meaning of applicable Canadian and U.S. securities laws. Statements containing the words “believe”, “expect”, “intend”, “should”, “seek”, “anticipate”, “will”, “positioned”, “project”, “risk”, “plan”, “may”, “estimate” or, in each case, their negative and words of similar meaning are intended to identify forward-looking information. Forward-looking information is based on currently available competitive, financial, and economic data and operating plans as of the date of this presentation, but are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements or industry results to be materially different from those expressed or implied by such forward-looking information. Such factors are based on information currently available to the Company, including information obtained from third party industry analysts and other third party sources, and are based on management’s current expectations regarding future growth, results of operations, future capital (including the amount, nature and sources of funding thereof) and expenditures, the Company’s anticipated business strategies, anticipated trends in the Company’s business and anticipated market share and legalization in the cannabis industry. The Company can give no assurance that these estimates, expectations and projections will prove to have been correct. The forward-looking information contained in this presentation is expressly qualified by this cautionary statement. A number of risks, uncertainties and other factors could cause actual results to differ materially from the results discussed in the forward-looking information, including, but not limited to, the following: general industry and market conditions and growth rates; legislative and regulatory developments; general economic conditions and levels of economic activity including interest rate fluctuation; the Company has limited operating history in an emerging area of business and had negative cash flows from operations in its most recently completed financial year; adverse events relating to the Company’s products could result in risks relating to product liability or other legal claims; risks related with reliance on key personnel; the Company’s senior management has been key to its growth and the Company may be adversely affected if it is unable to retain them; conflicts of interest develop or the Company loses any key member of its senior management team; changes in employee relations; ability to enforce non-competition and other restrictive covenants in the Company’s agreements; risks associated with implementation of growth initiatives; financing risks; lower than expected future revenues and profitability; the Company may face intense competition and expects competition to increase in the future, which could inhibit its development of customer base and generating revenue; the Company’s ability to establish, maintain and defend intellectual property rights; changes to public perception of cannabis use; factors that could cause actual results or events to differ materially from those expressed or implied by the forward-looking information; general business, economic and competitive uncertainties; regulatory risks including risks related to the granting and expected timing of the approval of licenses and permits; ability to comply and the cost of compliance with changing regulations; risks related to criminal or civil sanctions in connection with failure to comply with regulations; risks associated with acquisitions and expansion; risks inherent in manufacturing operations; and other general risks of the cannabis industry as well as those risk factors disclosed elsewhere below. Such statements are based upon the current beliefs and expectations of the Company’s management and are subject to significant business, social, economic, political, regulatory, competitive and other risks, uncertainties, contingencies and other factors. Many assumptions are based on factors and events that are not within the control of the Company. Actual future results may differ materially from historical results or current expectations. These risks, uncertainties and assumptions could adversely affect the outcome and financial effects of the plans and events described herein. In addition, even if the outcome and financial effects of the plans and events described herein are consistent with the forward-looking information contained in this presentation, those results or developments may not be indicative of results or developments in subsequent periods. Although the Company has attempted to identify important risks and factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors and risks that cause actions, events or results not to be as anticipated, estimated or intended. You should not place undue reliance on forward-looking information, which is based on the information available as of the date of this presentation. Forward-looking information contained in this presentation is as of the date of this presentation and, except as required by applicable law, the Company assumes no obligation to update or revise them to reflect new events or circumstances. Historical statements should not be taken as a representation that such trends will be replicated in the future. No statement in this presentation is intended to be nor may be construed as a profit forecast. To the extent any forward-looking information in this presentation constitutes “future- oriented financial information” or “financial outlooks” within the meaning of applicable Canadian securities laws, such information is being provided to demonstrate the anticipated market penetration and the reader is cautioned that this information may not be appropriate for any other purpose and the reader should not place undue reliance on such future-oriented financial information and financial outlooks. Future-oriented financial information and financial outlooks, as with forward-looking information generally, are, without limitation, based on the assumptions and subject to the risks set out above under the heading “Cautionary Statement Regarding Forward-Looking Information and Risk Factors”. The Company’s actual financial position and results of operations may differ materially from management’s current expectations and, as a result, the Company’s revenue and expenses may differ materially from the revenue and expenses profiles provided in this presentation. Such information is presented for illustrative purposes only and may not be an indication of the Company’s actual