Investment Thesis
In my article on August 28, 2019, I expressed serious concerns regarding the pronounced volatility of many stocks trading in the cannabis/marijuana space. Since then, I've written 2 other articles which have stated that, in my view, the upcoming industry shakeout will materially affect valuations. Recent serious issues regarding the risks of vaping have heightened my reservations about 2 companies in particular - Turning Point Brands (TPB) and Vape Holdings Inc. (VAPE), which currently trades at $0.0004, and I consider a "dead stock walking." The magnitude of the