Epstein Secrets

oval process for generic biologics and granting exclusive marketing rights to original manufacturers for 12 years, (iv) increased drug rebates to the Medicaid program, and (v) disclosure requirements for financial relationships between various healthcare entities. Within the U.S., the pharmaceutical indust

e *! CMS, OECD, Eurostat 22 Historical data from Centers for Medicare and Medicaid Services, Office of the Actuary, National Health Statistics Group U.S. Census Bureau Alvarez & Marsal healthcare, getting much closer to the cost precipice 24 CONTROL NUMBER 257 - CONFIDENTIAL HOUSE_OVERSIGHT_024035 and upper clas

e CBD market. Healthcare: Payor Perspective: Generally speaking, managed care does not cover OTC products, with the same being true for Medicare and Medicaid. Based on our conversations with a number of payors, whether CBD oils will be covered as a medical benefit by government sponsored health programs is

‘0 5% 9 4% | T I ; | I ‘0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016E 2017E 2018E 2019E 2020E 2021F 2022E 2023E Source: Cowen and Company; U.S. Census Bureau Due to the aforementioned macro factors, we view eCommerce as a major potential customer distribution channel for CBD longer term as consumers’ spen

e degree Bachelors degree — — Graduate or professional degree 1993 2000 2002 2004 2005 2009 2010 Note: High school graduate net worth = 1. Source: U.S. Census Bureau, Survey of Income and Program Participation 2004 and 2008 panels. © Standard & Poor's 2014. = a = oo = .=) mo — =] 3 cr = o iw = = = cy — a = to £

ams, as well as the value of in-kind benefits, including food stamps, school lunches and breakfasts, housing assistance, energy assistance, Medicare, Medicaid, and the Children's Health Insurance Program (health benefits are measured as the fungible value, a Census Bureau estimate of the value to recipient