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CAPITAL Cannabis Investment Report | December 2017
document IMAGES-008-HOUSE_OVERSIGHT_024660.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

ACKRELL CAPITAL Cannabis Investment Report | December 2017 or dissolving with fats, inhibiting serotonin uptake and increasing dopamine activity in the brain. Sci- entists have yet to develop an extensive and detailed understanding of the mechanisms and effects of many terpenes....

priceline.com (PCLN)
document IMAGES-003-HOUSE_OVERSIGHT_014943.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

priceline.com (PCLN) Our price objective is $1,920 based on 22x our 2018 adj. EPS estimate. The 22x multiple is towards the upper end of Priceline’s historical multiple range of 13-23x and represents a PEG of 1.4x. We think a 22x forward P/E multiple is appropriate given mid- te...

“Tf you had a billion dollars I would think the last thing you should be
document IMAGES-007-HOUSE_OVERSIGHT_022718.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

“Tf you had a billion dollars I would think the last thing you should be worried about was money, in truth money was what you most worried about. How to make more of it, how to give away more of it, how to protect you children from it, how to hide it from your wife or husband, ho...

Port Covington area of Baltimore
document IMAGES-003-HOUSE_OVERSIGHT_016417.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

YAY Port Covington area of Baltimore. Photographer: Sarah L. Voisin/The Washington Post via Getty Images In 2016, Baltimore’s city council approved a $660 million financing package for a 235-acre mixed-use development, including new offices for Under Armour, along the city’s wa...

Cannabis Investment Report | December 2017
document IMAGES-008-HOUSE_OVERSIGHT_024728.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Cannabis Investment Report | December 2017 © 2017 Ackrell Capital, LLC 92 HO Medical Law Argentina Colombia Greece Lesotho Peru Australia Croatia Israel Macedonia Poland Brazil Czech Republic Italy Mexico Switzerland Chile Germany Jamaica Netherlands Turkey MN Recreational...

Exhibit 100: Average Annual Gold Prices
document IMAGES-003-HOUSE_OVERSIGHT_014610.txt Dec 31, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

Exhibit 100: Average Annual Gold Prices Gold remains expensive relative to its inflation-adjusted long-term average price. 2016 US $/Ounce 2,000 Annual Average Price Long-Term Average 1,788 se Post Bretton Woods Average ae 1,600 1,200 12/31/16 800 5 7 7 7 822 ‘ ™~ 0 1871 1...

Cannabis Investment Report | December 2017
document IMAGES-008-HOUSE_OVERSIGHT_024700.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

> = Po cor > Qa LA Cannabis Investment Report | December 2017 An exhaustive review of each jurisdiction's laws is beyond the scope of this report; instead we discuss issues commonly addressed by each category of cannabis laws. Medical Cannabis Laws In 1996, California enact...

CAPITAL Cannabis Investment Report | December 2017
document IMAGES-008-HOUSE_OVERSIGHT_024714.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

ACKRELL CAPITAL Cannabis Investment Report | December 2017 1. Verifying with the appropriate state authorities whether the business is duly licensed and registered. 2. Reviewing the license application (and related documentation) submitted by the business for obtaining a state...

Cannabis Investment Report | December 2017
document IMAGES-008-HOUSE_OVERSIGHT_024702.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Cannabis Investment Report | December 2017 limited number of cannabis plants (typically, 4 to 6) for personal use. (Washington is an exception, however, and makes personal cultivation a felony unless it is done by a person registered in the state’s medical marijuana database.) U...

The Fund Managers believe a number of macro market factors have aligned to create attractive
document IMAGES-007-HOUSE_OVERSIGHT_024035.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

IV. OPPORTUNITY IN THE HEALTHCARE SECTOR The Fund Managers believe a number of macro market factors have aligned to create attractive and lasting conditions for NLV-III’s targeted investment strategy in healthcare technology. Each of these market factors individually would have...

to the prolonged run of positive performance for either the
document IMAGES-003-HOUSE_OVERSIGHT_014612.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

2017 OUTLOOK In Closing WE DO NOT BELIEVE THE COMING YEAR WILL BRING AN END to the prolonged run of positive performance for either the US economy or the bull market for equities. Despite greater uncertainties, including those tied to a new US administration, the policy backdro...

Investment Goldman
document IMAGES-009-HOUSE_OVERSIGHT_026945.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Investment Goldman : 0 0 Management Discussion Topics Division I. US Policy on Iran II. Iranian Actions and Current Economic Conditions II. Potential for US-Iranian Military Conflict IV. Implications for the Global Oil Market 1 HOUSE_OVERSIGHT_026945

Appendix — Useful Links
document IMAGES-006-HOUSE_OVERSIGHT_021074.txt Aug 5, 2010 House Oversight Committee — Epstein Estate Records (Nov 2025)

Appendix — Useful Links e Congressional Budget Office, “The Long-Term Budget Outlook,” 6/2010 e Congressional Budget Office, “Budget and Economic Outlook, Fiscal Years 2011 Through 2021,” 1/2011 e Department of Health & Human Services, Centers for Medicare & Medicaid Services,...

Outlook | Investment Strategy Group 37
document IMAGES-003-HOUSE_OVERSIGHT_014570.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Outlook | Investment Strategy Group 37 HOUSE_OVERSIGHT_014570

Luciano E. Joublanc
document IMAGES-004-HOUSE_OVERSIGHT_017082.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Jeffrey Joerres Josef Joffe Bjérn Johansson Boris Johnson Chris Johnson David Johnson Erica L. Johnson H. Fisk Johnson Jace Johnson Kevin Johnson Mark Johnson Ray Johnson Robert A. Johnson Simon Johnson Tom Johnstone Anthony Jones David Jones Hannah Jones Agnes Jongerius Conni...