Investment Assessment: North American Vape Market

Investor Intelligence | Investment Assessment: North American Vape Market mjbizdaily.com/investing Copyright 2019, Marijuana Business Daily, a division of Anne Holland Ventures Inc. You may NOT copy this report, or make public the data and facts contained herein, in part or in whole. For more copies or editorial permissions, contact CustomerService@MJBizDaily.com or call 720.213.5992 x1. 2 V aporizer products—for both nicotine and THC—have dominated many headlines across the United States in recent weeks, with vaping being blamed for several deaths and severe illnesses. While the exact cause is still unclear, the impact is being felt broadly in the cannabis industry, and investors are concerned how it may impact their portfolios. Their concerns include questions around: • Which companies are most exposed to the vape market. • How the crisis impacts the broader cannabis industry. • The potential outcomes. • Which companies might benefit. This report takes a closer look at the vape segment of cannabis and provides a framework to assess the downside risk and upside potential of stocks with significant vape exposure. While the headlines have been negative, not all of the news is bad for companies involved in this segment—and over the long-term, some businesses may actually benefit from the fallout. As always, should you have any comments or questions, feel free to reach out to us at investorintelligence@mjbizdaily.com . What Investors Need to Know about the U.S. Vape Crisis Craig Behnke Equity Research Analyst Marijuana Business Daily Mike Regan Equity Research Analyst Marijuana Business Daily

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