U.S. Legalized Cannabis Market $140,000 Path to Federal Legalization 70M $120,000 FDA Approves Cannabis-Derived Pharmaceuticals 60M More States Adopt Medical Cannabis Laws $100,000 , 50M More States Adopt Recreational Laws = 3 ‘@ $80,000 FDA Routinely Approves CBD Drugs 40M a 2 =< = FDA Routinely Approves THC Drugs 2 «# $60,000 30M B Federal Government Legalizes Cannabis 3 $40,000 2m % $20,000 : 10M ) — an 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 | i Legalized Cannabis Market Size === Consumers Source: Ackrell Capital. Assumes cannabis will be legalized federally by 2027. Cannabis may never be legalized federally in the United States. Cannabis Industry Segments Production Business Solutions E Poeun dj Business Business quipment a Software Services Supplies Distribution Digital Media Online Content Online and Networking Directories Consumer Products Vaporizers and Accessories | Involves “touching the plant” | Does not involve “touching the plant’ © 2017 Ackrell Capital, LLC | Member FINRA/SIPC HOUSE_OVERSIGHT_024634