The document provides an investor update and presentation for Medicine Man Technologies in December 2017. It summarizes the company's financial performance, services, growth strategy, and management team. Medicine Man is a leading cannabis consulting company with a growing national and international presence. It provides consulting, cultivation optimization, educational resources, and nutrient products to cannabis growers. The company pursues an acquisition strategy to expand its product offerings and accelerate revenue growth across its business lines.

1. Investor Update & Presentation
December 2017
OTCQB: MDCL

2. 2
This press release may contain forward looking statements which are based on current expectations,
forecasts, and assumptions that involve risks and uncertainties that could cause actual outcomes and
results to differ materially from those anticipated or expected, including statements related to the amount
and timing of expected revenues and any payment of dividends on our common and preferred stock,
statements related to our financial performance, expected income, distributions, and future growth for
upcoming quarterly and annual periods. These risks and uncertainties are further defined in filings and
reports by the Company with the U.S. Securities and Exchange Commission (SEC). Actual results and the
timing of certain events could differ materially from those projected in or contemplated by the forward-
looking statements due to a number of factors detailed from time to time in our filings with the Securities
and Exchange Commission. Among other matters, the Medicine Man Technologies may not be able to
sustain growth or achieve profitability based upon many factors including, but not limited to, general
stock market conditions. Reference is hereby made to cautionary statements set forth in the Company's
most recent SEC filings. We have incurred and will continue to incur significant expenses in our
expansion of our existing and new service lines, noting there is no assurance that we will generate enough
revenues to offset those costs in both the near and long term. Additional service offerings may expose us
to additional legal and regulatory costs and unknown exposure(s) based upon the various geopolitical
locations where we will be providing services, the impact of which cannot be predicted at this time.
Safe Harbor Statement

3. Avg. Vol (3m): 26,425
Market Cap:* $37M
Shares Outstanding:* 21.8M
2017 Revenue (YTD): $2.351M
Exchange: OTCQB
Ticker: MDCL
Headquarters: Denver, CO
No. Employees: 21
Founded: 2014
Price: $1.70
(as of 11/30/17)
3
* Adjusted to reflect recent acquisitions
At a Glance
Medicine Man Technologies is the leading
cannabis consultancy and product “brand
warehouse” company, with a rapidly expanding
presence in the U.S., and internationally.

4. 4
Investment Highlights
• Value-add consultant to the entire cannabis industry
• Nationwide service footprint, including Puerto Rico
• Rapidly expanding global presence, with existing footprint in Canada, South Africa,
Germany, Croatia, and Australia
• Cultivation Max monetizes yield improvements derived by applying industry leading
cultivation “Three A Light” methodology
• Retained Josh Haupt, referred to as the “Steve Jobs of Cannabis Cultivation”, as Chief
Cultivation Officer
• Acquisition strategy to drive a cannabis industry product “Brand Warehouse”, with
targets that accelerate and synergize revenue generation across the business
• Financial position strengthened by $1.055M in new equity capital raised in
August/September, which includes investments by Company Officers and Directors,
and approximately $1M from one investor

5. 5
Core Services
Medicine Man provides value-added services to cannabis growers with a full suite of
complementary consulting, licensing, and product solutions that span the entire cannabis
industry supply chain
Consulting Services Cultivation Max “Three A Light” Success Nutrients
Supports client
application efforts to help
secure state-issued
operating and other
licenses, while building
relationship networks
across the industry
Utilizes industry leading
cultivation methodology
to enable existing
operators to optimize
facilities to improve grow
metrics
Leading cannabis
cultivation tutorial
provides step-by-step
marijuana growing from
seed to finished flower
Nine-part product line is a
key and required
component to maximizing
the results of the “Three A
Light™” cultivation
methodology and
Cultivation Max service

6. 6
States of Operations
- States in which the company is actively operating
Medicine Man has 61 fee generating clients in 14 different states and Puerto Rico.
Internationally, the Company has clients in Australia, Canada, Germany and South Africa.

7. 7
• 29 states and the District of Columbia allow their citizens to use medical cannabis
➢ In November 2016, eight new states passed either a medical or adult use initiative
• Eight states: Colorado, Washington, Alaska, Oregon, California, Nevada, Maine, and
Massachusetts have approved legalization of cannabis for adult use
• Colorado continues to set sales growth related records, generating over $1.3B in FY
2016 sales; a substantial portion of sales driven by tourist-related adult use
• North American cannabis sales grew by 30% in 2016 to $6.7 billion as the legal
market expanded, according to a January 2017 report by Arcview Market Research.
➢ North American sales are projected to top $20.2 billion by 2021 assuming a
compound annual growth rate of 25%. The report includes Canada for the first
time, as it moves towards implementing legal adult use cannabis.
Cannabis Market Facts and Figures

8. 8
Cultivation Technology
Medicine Man has experience in all areas of
cannabis cultivation utilizing its Variable
Capacity Continuous Harvest (“VVCH”) model.
Areas of cultivation expertise include:
➢ Cloning
➢ Propagation
➢ Vegetative and Flowering husbandry
➢ Trimming, Drying and Cure techniques
Acquired “Three-A-Light” expertise from
Pono/Success Nutrients
➢ Medicine Man positioned as the gold
standard of cannabis cultivation
Consultants possess an extensive knowledge of
cannabis plant metabolism and physiology,
indoor grow protocols and best practices, and
the processing of the harvested crop

9. 9
Cultivation Max enables operators to compete
by optimizing an operators’ existing cultivation
facility to improve:
➢ Yield
➢ Consistency
➢ Quality
➢ Efficiency
Once initial designs and retrofits are completed,
Medicine Man monetizes its value on the
improvement delta and recurring nutrients
sales, creating a “Win-Win” for all parties.
4 Cultivation Max Clients to Date*:
➢ First two Cultivation Max clients are well
into their first harvest cycles and initial
revenue generation is expected before the
end of 2017
* As of July 2017
Cultivation Max

10. 10
• Leading cannabis cultivation tutorial “Three A Light™” provides step-by-step
marijuana growing from seed to finished flower
➢ Simple approach to a complex process
• Book has sold 1,100 copies on Amazon at a price of $500 per copy
“Three A Light”

11. 11
Success Nutrients™ features a nine-part product line
that contains all the micro and macro nutrients required
to produce the most grams per square foot, while
achieving the highest quality possible.
The line is a key component to maximizing the results
of the “Three A Light™” cultivation methodology. Its
goal is to revolutionize modern gardening, with an
emphasis on stronger plants, healthy flowers and an
overall cleaner product.
Success Nutrients line is now being carried in several new supply store groups in Colorado including Way to
Grow, Cultivate, Cost Plus Hydro and Grow Your Own. Medicine Man expects the initial eight locations
represented by these group to grow significantly over time as expansion into other Colorado operations is
contemplated. In addition, an initial California presence with Pacific Coast Hydro has been established and a
broadening US and Canadian footprint is planned for later in 2017.
Success Nutrients

12. 12
Acquisition Strategy
Medicine Man seeks to acquire companies
that span the cannabis industry and can
support its product “Brand Warehouse”
strategy by:
➢ Accelerating its growth across all
product and service lines
➢ Augmenting or providing new lines of
products and services for the Company
to leverage and sell across its existing
installed customer base
➢ Supporting the Company’s national
and international expansion strategy
Current Brand Warehouse Includes:

13. Business Highlights
13

14. 14
Synergistic Revenue Growth Drivers
SUCCESS
NUTRIENTS
CONSULTING /
LICENSE SUPPORT
CULTIVATION
MAX
“THREE A LIGHT”
• 2016 Revenues: $631,000
• First 3 Quarters ‘17 Revenues
$2.35 Million (up 401% year-
over-year)
• Integration of new
acquisitions, utilizing IP and
methodologies across multiple
offerings will drive enhanced
and sustainable revenue
generating opportunities

15. 15
Brett Roper, Co-Founder and CEO
• Extensive background in business development, having successfully 'shepherded' Form 10/S1 filings and up-listing efforts
• Substantial real estate experience, managing acquisition, holding, and disposition of major industrial properties
• Active in providing design insights for cannabis related property deployment
• Served in several advisory roles, including as an independent board member, to other pre-IPO and public companies
Joshua Haupt, Chief Cultivation Officer
• Joined Medicine Man upon the acquisition of his companies Pono Publications and Success Nutrients, closed in June 2017
• Recognized for his innovative growing technique and entrepreneurship in the cannabis industry
• One of the largest growers in Colorado and aptly referred to as the “Steve Jobs of Marijuana”
• His book, “Three A Light”, has restructured growing methods in his own grow house, and now on an international level,
with cultivators all over the globe looking towards him for methods of production
• Has also founded Superfarm, Success Nutrients, and Tall T Productions
Andy Williams, Co-Founder and Chairperson of the Board
• History of leadership positions in a wide range of manufacturing industries as an industrial engineer
• Lifelong entrepreneur who, along with his brother Pete Williams, launched Medicine Man in December of 2009, with the
concept of being the Costco of cannabis, after the Ogden letter was published stating the Department of Justice would not
utilize prosecute individuals following state cannabis laws
• Eight years later, Medicine Man has emerged as an industry leader throughout the U.S. and has branched out to assist start
up cannabis companies and grow facilities across the country
Management Team

16. Thank You!
16
Contact:
KCSA Strategic Communications
MDCL@kcsa.com
Medicine Man Technologies
4880 HAVANA STREET, SUITE 201
DENVER, CO 80239
Tel: 303-371-0387