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HOUSE_OVERSIGHT_024770

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ACKRELL CAPITAL Cannabis Investment Report | December 2017 Total Capital Raised by Private Cannabis-Related Companies Globally $600 $500 — $400 . ! an S E $300 n =) eee $200 l $100 : L $0 : | 2016 2017 YTD Amount Raised $256 $483 Number of Deals 65 102 Average Deal Size $4 $5 Source: Ackrell Capital The following table shows the scarcity of large transactions announced by private cannabis-related companies for the year to date through November 30, 2017. Selected Financings by Private Cannabis-Related Companies (YTD through November 30, 2017) ($U.S. millions) Issuer Amount Date diiber Technologies Inc. $50.0 September 2017 Eaze Solutions, Inc. 27.0 September 2017 Surterra Holdings LLC 13.4 September 2017 Teewinot Life Sciences Corporation 12.3 April 2017 Hound Labs, Inc. 8.1 May 2017 iUNU, Inc. 6.3 August 2017 Green Leaf Medical, LLC 5.9 June 2017 RX Green Solutions LLC 5.3 July 2017 River Collective 5.0 April 2017 Greene Fox Enterprises 5.0 May 2017 134 © 2017 Ackrell Capital, LLC | Member FINRA/SIPC HOUSE_OVERSIGHT_024770

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