Ann: Market Update, page-115

Ok thanks, but I think you are mistaken by the ‘no medical cannabis’ comment. As I understand hemp is cannabis.

As as far as medical marijuana, In my opinion EOF is focused solely on hemp for various strategic reasons including that unlike marijuana it is legal at the federal level and being from a hemp state like Kentucky opens more doors/is seen as more reputable than being from a marijuana state like Colorado.

I also think that the strategy is to focus on US market for now rather than being a little bit here and a little bit there.... and yes I do think R&D and establishing IP is the name of the long term game for an industry in its infancy... EOF’s hemp black and the seed bank may well be more valuable in the future than all the CBD, food and other businesses combined....