Cannabis Investment Glossary – No Evident Investigative Leads

ACKR PI L CA L EL TA Cannabis Investment Report | December 2017 Hash oil a concentrate prepared through extraction using a butane solvent; also known as hashish oil, butane hash or honey oil (BHO), cannabis oil or liquid cannabis Hashish (hash) a concentrate made up of compressed or purified trichomes Hemp the fiber produced from the stalks of the cannabis plant, which can be used to produce goods such as rope, paper and clothing; also refers to varieties of cannabis cultivated to produce industrial hemp products HID lamp a high-intensity discharge lamp; a category of lamp used for indoor cannabis cultivation Hit a slang term for one inhalation from a cannabis smoking device or vaporizer Homeostasis a process by which biological systems tend to maintain internal stability, or balance Human endocannabinoid system a system of nervous and immune system receptors involved in regulating health and physiological functions within the human body Hybrid a cannabis variety that is a genetic cross of two or more different cannabis species or varieties produced through sexual reproduction Hydroponics a method of growing plants whereby the roots grow in a nutrient-rich sand, gravel or liquid growth medium Indica one of three principal cannabis species; indica plants tend to be short and bushy Infused products a category of consumer cannabis products; ingestible products that have been infused with cannabinoids and other active compounds from the cannabis plant IRC Internal Revenue Code IRS Internal Revenue Service Joint a hand-rolled cannabis cigarette Kief a concentrate composed of trichomes that are separated from the cannabis flower by sifting the flower with specialized filtering screens LED a light-emitting diode; a category of lamp used for indoor cannabis cultivation Marijuana a slang term for dried cannabis flower; a legal term for certain parts and derivatives of the cannabis plant defined in the CSA MAUCRSA California’s Medicinal and Adult Use Cannabis Regulation and Safety Act Nabilone a form of chemically synthesized cannabinoid similar to THC included in an FDA-approved pharmaceutical; a Schedule II controlled substance under the CSA Nasdaq Nasdaq Stock Market NDA New Drug Application; an application submitted by a drug manufacturer to the FDA for approval of a drug NYSE New York Stock Exchange 172 © 2017 Ackrell Capital, LLC | Member FINRA/SIPC HOUSE_OVERSIGHT_024808