ITAL Cannabis Investment Report | December 2017

A > LA RELL ITAL Cannabis Investment Report | December 2017 Cannabinoid a class of chemical compounds present in cannabis that act on cannabinoid receptors in cells in the human nervous and immune systems Cannabinol (CBN) a cannabinoid derived from THC degradation; shown to produce some psycho- active effects and believed to have several medicinal benefits, including analgesic, antibacterial, anticonvulsive, anti-inflammatory and anti-insomnia Cannabis a genus of flowering plant consumed for therapeutic, medicinal, social or spiritual purposes and used to produce goods such as rope, paper, clothing and soap; includes three principal cannabis species: Cannabis sativa, Cannabis indica and Cannabis ruderalis CBC See Cannabichromene CBD See Cannabidiol CBDA See Cannabidiolic acid CBG See Cannabigerol CBGA See Cannabigerolic acid CBN See Cannabinol CDSA Canada’s Controlled Drugs and Substances Act Chemovar a plant variety characterized by its chemical content Clone an asexually reproduced cannabis plant genetically identical to the plant from which it was produced CND Commission on Narcotic Drugs, a subsidiary body of the United Nation’s ECOSOC that assists the ECOSOC in supervising the application of international drug control treaties Cole Memo a memorandum published by the DOJ that provides guidance to DOJ attorneys and federal law enforcement about prosecuting cannabis-related federal offenses Concentrates a category of consumer cannabis products; any number of concentrated forms of the active compounds in cannabis; typically an oil or waxlike substance Conventions three international treaties adopted through the United Nations between 1961 and 1988 that address international regulation of cannabis, cannabis derivatives and many other narcotic, psychotropic and similar substances (The Single Convention on Narcotic Drugs of 1961; The Convention on Psychotropic Substances of 1971; and The United Nations Convention Against Illicit Traffic in Narcotic Drugs and Psychotropic Substances of 1988) Crumble a form of wax concentrate CSA Controlled Substances Act CSE Canadian Securities Exchange Curing a phase of the cannabis cultivation process during which dried cannabis flower undergoes controlled fermentation to develop the flower’s aroma, taste and cannabinoid composition Dab a potent concentrated form of the psychoactive cannabinoid THC 170 © 2017 Ackrell Capital, LLC | Member FINRA/SIPC HOUSE_OVERSIGHT_024806