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CAPITAL CHAPTER IV U.S. Legal Landscape
document IMAGES-008-HOUSE_OVERSIGHT_024719.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…,416) and equipment and methods for biosynthetic production of cannabinoids (U.S. Patent 9,587,212). U.K.-based GW Pharmaceuticals holds multiple cannabis-related U.S. pat- ents. And despite the federal government’s position for purposes of the CSA that marijuana has no currently...

CAPITAL CHAPTERV_ Global Cannabis Regulation
document IMAGES-008-HOUSE_OVERSIGHT_024731.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…e on Drug Dependence (ECDD)—recognized an increase in medical cannabis use and the emergence of cannabis-related phar- maceuticals, and in November 2016 requested that the WHO prepare “pre-review” materials for can- nabis, for the specific cannabis derivatives scheduled under the...

Gather, Visualize, Analyze Public Opinion to make Intelligent Decisions
document TEXT-001-HOUSE_OVERSIGHT_028815.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…nguages and offer location based sentiment analysis. We also support multiple data sources including Twitter, YouTube, Facebook and discussion boards. Expectations Forecast We are projecting sales of $400,000 in Year 1, $850,000 in Year 2, and $1.6 million in Year 3 with a profit...

CAPITAL Cannabis Investment Report | December 2017
document IMAGES-008-HOUSE_OVERSIGHT_024724.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

ACKRELL CAPITAL Cannabis Investment Report | December 2017 (4) FDA Routinely Approves CBD Drugs The FDA will adopt procedures for the routine approval of drugs that contain extracts of certain low-THC/high-CBD FDA-registered chemovars. The new procedures will involve developmen...

CAPITAL Cannabis Investment Report | December 2017
document IMAGES-008-HOUSE_OVERSIGHT_024730.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

ACKRELL CAPITAL Cannabis Investment Report | December 2017 tion or thinking or behaviour [sic] or perception or mood,” that may produce “a state of dependence” and that are subject to abuse “so as to constitute a public health and social problem warranting the placing of the sub...

CAPITAL Cannabis Investment Report | December 2017
document IMAGES-008-HOUSE_OVERSIGHT_024718.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

ACKRELL CAPITAL Cannabis Investment Report | December 2017 filed a petition for involuntary bankruptcy. The bankruptcy court dismissed the petition, stating it would not assign a trustee “to administer drug tainted assets for the benefit of creditors who assumed the risk of doin...

outs is politically untenable. This removes the implicit ‘cover’ that senior bonds holders have enjo
document IMAGES-011-HOUSE_OVERSIGHT_030846.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…remium should probably be far less than in previous crises given that a sovereign funding backstop like the OMT is in place. We are thus reluctant to extrapolate this mini-crisis into a systemic event which triggers broad deleveraging, or to forecast trend euro weakness. The curr...

iQprofile’ Hess Corp
document IMAGES-003-HOUSE_OVERSIGHT_014874.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… and Asian natural gas. (US$ Millions) 2015A 2016A 2017E 2018E 2019E Cash Realization Ratio NM NM NM NM NM Asset Replacement Ratio 1.0x 0.6x 0.9x 0.9x 0.9x Investment Rationale Tax Rate 18.8% 41.0% 16.2% 21.9% 8.4% Net Debt-to-Equity Ratio 19.2% 26.1% 34.9% 40.7% 40.5% Our h...

Portfolio Company Leverage
document IMAGES-007-HOUSE_OVERSIGHT_024076.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Portfolio Company Leverage To the extent that any investment is made in a portfolio company with a leveraged capital structure, such investment will be subject to increased exposure to adverse economic factors such as a significant rise in interest rates, a severe downturn in th...

CA TA CHAPTER VII Capital Markets for Cannabis Companies
document IMAGES-008-HOUSE_OVERSIGHT_024755.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

KR L PI L AC EL CA TA CHAPTER VII Capital Markets for Cannabis Companies the NYSE are two of the largest and most recognized stock exchanges in the world, with stringent listing, trading and corporate governance requirements. Conversely, the OTC has much less stringent requirem...

line with the rest of the world on this issue. Similarly, the accelerated depreciation of
document IMAGES-007-HOUSE_OVERSIGHT_023084.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…320 Deduction for US production activities Commerce 12,080 Credit for increasing research activities General science, space, and technology 9,580 Exclusion of interest on public purpose State & local bonds General purpose fiscal assistance 8,400 Credit for low-income housing inve...

encouraging investment over consumption and plowback over dividends
document IMAGES-001-HOUSE_OVERSIGHT_010942.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

encouraging investment over consumption and plowback over dividends, particularly in the last half century, have led to dangerous overinvestment in the private sector. The empty eyesores and bulldozer bills of 2008 are symptoms of pro- investment policies founded in many countrie...

Does this mean that the state can lend them?
document IMAGES-007-HOUSE_OVERSIGHT_023655.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

* Does this mean that the state can lend them? - it may be according to what will be announced in the program. * Private sector now complains of high operating costs, and believes that this will become harmful to the industry and in trade, what is the opinion of Your Highness r...

Methodology Used to Calculate Net Returns Numbers for Sprout Healthcare Technology
document IMAGES-007-HOUSE_OVERSIGHT_024106.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Methodology Used to Calculate Net Returns Numbers for Sprout Healthcare Technology Portfolios Estimated net returns numbers for the managed healthcare portfolio of the Sprout funds are based on New Leaf’s calculations of synthetic net returns. The synthetic net returns for the h...

division and multiplication signs, rather than keeping them inside the paragraph
document IMAGES-001-HOUSE_OVERSIGHT_010994.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

division and multiplication signs, rather than keeping them inside the paragraph and writing out such words as “equals” and “plus”. These word equations are usually easy enough to read. My appendix will cover them and more in notation. Mill’s equation may be as old as economics...