House Oversight — Estate records
HOUSE_OVERSIGHT_024817
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Equity Research Cannabis Click here to enter text. \ FEBRUARY 25, 2019 11 Cowen analysts across consumer, health care, industrials, and regulatory offer a comprehensive view of the global CBD opportunity. Nearly 7% of adults in our proprietary U.S. survey (n = ~2,500) reported using CBD as a supplement, far higher than we expected. We believe U.S. CBD can conservatively generate sales of $16 bn by 2025. We offer detailed analysis at the sub-category level, as well as company-specific discussions, including Outperform rated WEED, TLRY, and TPB. Click here to enter text. Click here to enter text. Click here to enter text. Click here to enter text. Click here to enter text. Click here to enter text. Click here to enter text. Click here to enter text. Click here to enter text. Click here to enter text. Click here to enter text. Click here to enter text. Cowen Research 646 562 1330 cowen.research@cowen.com Vivien Azer 646 562 1351 vivien.azer@cowen.com This report is intended for michael.cella@cowen.com. Unauthorized redistribution of this report is prohibited. COWEN COLLABORATIVE INSIGHTS February 25, 2019 This page left blank intentionally. This report is intended for michael.cella@cowen.com. Unauthorized redistribution of this report is prohibited. 2 COWEN.COM COLLABORATIVE INSIGHTS February 25, 2019 ■ Cannabis COWEN RESEARCH EQUITY RESEARCH Cowen Research 646 562 1330 cowen.research@cowen.com Vivien Azer 646 562 1351 vivien.azer@cowen.com John Blackledge 646 562 1359 john.blackledge@cowen.com Andrew M. Charles, CFA 646 562 1332 andrew.charles@cowen.com Oliver Chen, CFA 646 562 1424 oliver.chen@cowen.com John Kernan, CFA 646 562 1324 john.kernan@cowen.com Phil Nadeau, Ph.D. 646 562 1336 phil.nadeau@cowen.com Charles Neivert 646 562 1370 charles.neivert@cowen.com Jeffrey Osborne 646 562 1391 jeffrey.osborne@cowen.com Charles Rhyee 646 562 1376 charles.rhyee@cowen.com Doug Schenkel 617 946 3918 doug.schenkel@cowen.com COWEN WASHINGTON RESEARCH GROUP MACRO POLICY Eric A […]