Every indexed document

asset seizure and imprisonment under federal law.

irrespective of whether such activities comply with

investors and principals. The following discussion highlights some

we expect some will go out of business for any number of reasons

and the list is intended to be a cross-section of the

we believe that Canadian stock markets will continue to be the most receptive

capital continues to be available to support the growth of the industry.

it is challenging to get accurate and comprehensive data

many emerging cannabis-related companies

traditional institutional investors—most notably the venture capital and private equity

liquidity and corporate governance requirements. Most Canadian publicly traded

Canadian stock markets vary significantly in terms

2016. The chart indicates that the stock price performance

as compared to Nasdaq and the NYSE. The following chart provides a comparison

Inc. OTCQB:VBIO 1.85 56.4% 42.7 41.9 0.1 –4.3 NM NM

Inc. OTCPK:THCT 0.34 60.6% 39.7 39.7 0.0 0.0 NM NM

Inc. OTCPK:SSWH 0.95 29.6% 55.9 57.4 0.6 –1.5 NM NM

Inc. OTCPK:PRRE 0.52 75.8% 81.1 93.5 14.1 NA 6.6 NM

Inc. OTCQB:PNTV 0.08 66.1% 45.0 45.9 0.2 –4.7 NM NM

Inc. OTCQB:PMCB 0.05 71.6% 46.7 42.4 0.0 NA NM NM