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CAPITAL CHAPTER VI U.S. and International Cannabis Market Estimates
document IMAGES-008-HOUSE_OVERSIGHT_024741.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

ACKRELL CAPITAL CHAPTER VI U.S. and International Cannabis Market Estimates m U.S. State-Legal Cannabis Market More than 97% of the U.S. population lives in a state or district (District of Columbia) with at least one law that permits the manufacturing, distribution, dispensing...

CAPITAL CHAPTER VI U.S. and International Cannabis Market Estimates
document IMAGES-008-HOUSE_OVERSIGHT_024751.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

ACKRELL CAPITAL CHAPTER VI U.S. and International Cannabis Market Estimates illustrate the impact of varying these factors with the following sensitivity analysis, which shows the estimated market size at maturity using a range of penetration rates and monthly spending weighted...

Cannabis Investment Report | December 2017
document IMAGES-008-HOUSE_OVERSIGHT_024746.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Cannabis Investment Report | December 2017 U.S. Legalized Cannabis Market: Consumer Penetration Rate 25% — Path to Federal Legalization FDA Approves Cannabis-Derived Pharmaceuticals 20% : More States Adopt Medical Cannabis Laws More States Adopt Recreational Laws 15% FDA Ro...

CAPI CHAPTER VI U.S. and International Cannabis Market Estimates
document IMAGES-008-HOUSE_OVERSIGHT_024747.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

ACKR CAPI CHAPTER VI U.S. and International Cannabis Market Estimates U.S. Legalized Cannabis Market Estimates Based on our assumptions and methodology, we believe that the U.S. legalized cannabis market will ultimately exceed $100 billion annually, with more than 50 million co...

Fwd: Fw: Epstein -- I apologize if you have received this but it keeps coming back to me as undelive
email TEXT-001-HOUSE_OVERSIGHT_021790.txt Feb 26, 2010 House Oversight Committee — Epstein Estate Records (Nov 2025)

…yet, after the case is completely over, the Palm Beach Daily News' editorial staff remains silent on the topic. Thanks, Mike Palm Beach Post Editorial Monday, July 07, 2008 Two years after a grand jury indicted him on a felony charge of solicitation of prostitution, Jeffrey Epste...

Fw: The Iran Nuclear Deal
email IMAGES-010-HOUSE_OVERSIGHT_028482.txt Aug 3, 2015 House Oversight Committee — Epstein Estate Records (Nov 2025)

…n forward it if you agree. If not, I understand and just delete. Respectfully, terry Sent via BlackBerry by AT&T From: Mike Cohen Date: Tue, 4 Aug 2015 22:00:42 +0000 To: Terry Kafka Subject: FW: The Iran Nuclear Deal From: Mike Cohen Sent: Monday, August 03, 2015 7:16 PM Su...

My Prediction Coming True
email TEXT-001-HOUSE_OVERSIGHT_031740.txt May 20, 2017 House Oversight Committee — Epstein Estate Records (Nov 2025)

…SNBC panel says that former National Security Advisor Michael Flynn has information that could take down Vice President Mike Pence. Flynn may have leaked information that shows Pence and the Trump transition team knew that foreign governments were paying him. If this information...

Fwd: Fw: Epstein -- I apologize if you have received this but it keeps coming back to me as undelive
email TEXT-001-HOUSE_OVERSIGHT_030311.txt Feb 26, 2010 House Oversight Committee — Epstein Estate Records (Nov 2025)

…yet, after the case is completely over, the Palm Beach Daily News' editorial staff remains silent on the topic. Thanks, Mike Palm Beach Post Editorial Monday, July 07, 2008 Two years after a grand jury indicted him on a felony charge of solicitation of prostitution, Jeffrey Epste...

As one juror subsequently put it: "She was very, very credible [at the trial], but now she's not
document IMAGES-004-HOUSE_OVERSIGHT_017328.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…nything she said. I would sign an affidavit that if we had known about the money, I couldn't have voted to convict him. Mike Tyson deserves a new trial." In light of the numerous errors made by Judge Gifford at the trial, this should have been the easiest appeal I ever argued. T...

Fw: The Iran Nuclear Deal
email TEXT-001-HOUSE_OVERSIGHT_026620.txt Aug 3, 2015 House Oversight Committee — Epstein Estate Records (Nov 2025)

…en forward it if you agree. If not, I understand and just delete. Respectfully, terry Sent via BlackBerry by AT&T From: Mike Cohen Date: Tue, 4 Aug 2015 22:00:42 +0000 To: Terry Kafka ( Subject: FW: The Iran Nuclear Deal From: Mike Cohen Sent: Monday, August 03, 2015 7:16 PM Subj...

authors with the precision of a Swiss watch
document IMAGES-002-HOUSE_OVERSIGHT_014034.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ial, Stephen Key, Hans Keeling, Mitchell Levy, Ed Murray, Jean-Marc Hachey, Tina Forsyth, Josh Steinitz, Julie Szekely, Mike Kerlin, Jen Errico, Robin Malinosky-Rummell, Ritika Sundaresan, T. T. Venkatesh, Ron Ruiz, Doreen Orion, Tracy Hintz, and the dozens who preferred to remai...

Capital Markets for Cannabis Companies
document IMAGES-008-HOUSE_OVERSIGHT_024761.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

ACKRELL CAPITAL CHAPTER VII Capital Markets for Cannabis Companies Over The Counter (Market Value Greater than $25 million) Enterprise Value (EV) LTM Revenue LTM LTM EV Multiples EBITDA Revenue EBITDA ($U.S. millions, except stock price) Stock % Below Price 52-Week Mark...

CAPITA CHAPTER VI U.S. and International Cannabis Market Estimates
document IMAGES-008-HOUSE_OVERSIGHT_024749.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

ACKRELL CAPI L CAPITA CHAPTER VI U.S. and International Cannabis Market Estimates = International Legal Cannabis Market Forecast As previously discussed, cannabis is the most widely consumed drug worldwide: an estimated 183 mil- lion people between the ages of 15 and 64 consum...

Cannabis Investment Report | December 2017
document IMAGES-008-HOUSE_OVERSIGHT_024766.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

ACKRELL CAPITAL Cannabis Investment Report | December 2017 Toronto Stock Exchange ($U.S. millions, except stock price) LTM Forward Forward EV Revenue EBITDA Stock % Below . : . Price 52-Week Market Enterprise LTM LTM Multiples __Muttiples Multiples Company Ticker 11/30/17 Hi...