IRON LaboratoriesPJLA

ISO/IEC 17025:2005 Accredited

Marihuana Potency Analysis by
High Performance Liquid Chromatography

Testing Accreditation #: 77802 Test Certificate #: 117031-001
Client Name, Sample Details

Ananda
Cynthiana, KY 41031
Sample: CBD1905-01
Type: Concentrate
Method: FE04U HPLC-UV

Test Conditions

Prepsheet ID#: MIP190521a
Scale: XS205-MI1
Temp: 22.5 °C
Baro Pressure: 985.7 hPa
Analyst: KEB
Technician: KEB

Sample ID#: 117031

Harvest/Process Date: 05/20/2019
Serving Size (g): 1
Date Received: 05/20/2019
Test Date: 05/21/2019
Valid Through: 05/21/2020
Report Issued: 05/22/2019

Sample #117031
Sample #117031 Sample #117031
Test
Compounds
THC THCA CBD CBDA CBN CBG* CBC* THCV* CBDV* Total
Cannabinoids*
Total THC Total CBD Calc Max Total
Cannabinoids*
Amount (%) N/D N/D 91.3 N/D N/D 1.3 N/D N/D 1.3 93.8 0.0 91.3 93.8
Amount (mg/g) N/D N/D 912.9 N/D N/D 12.7 N/D N/D 12.8 938.4 0.0 912.9 938.4
Amount per Serving (mg) N\D N\D 912.9 N\D N\D 12.7 N\D N\D 12.8 938.4 Serving Size~ (g): 1.0
LOQ (mg/g) 3.62 3.62 3.62 3.62 3.62 3.62 3.62 3.62 3.62   %Decarb. THC CBD
±%RPD 1.57 1.47 2.79 2.61 1.46 3.13 1.06 1.35 3.01 N/A 100%

LOQ = Limit of Quantitation; %RPD = Relative Percent Deviation; %RSD = Relative Standard Deviation; N/D = Not Detected

*Designates values that are not currently included in the accredited scope of Iron Laboratories.

*** Designates tests that use the method FE-45. FE-45 is performed using AOAC 966.02 and 32.004-32.009. FE-45 has relative expanded (k=2) uncertainties of 1.098% for moisture, 1.754% for water activity for unprocessed plant materials, and 13.102% for water activity for infused products. Vitamin E acetate analysis has a relative expanded (k=2) uncertainty of 18.614%.

Total THC and CBD is the calculated sum of THC or CBD and the amount of THC or CBD derived from THCA or CBDA, respectively. These values are calculated by applying a molar correction factor of 0.877 to the THCA or the CBDA value. Calc Max Total Cannabinoids is the sum of Total THC, Total CBD, CBN, CBG, CBC, THCV, and CBDV.

%Decarb. THC and CBD refer to the percentage of THC or CBD relative to THCA or CBDA, respectively.

This certificate shall not be reproduced except in full, without written approval of Iron Laboratories, LLC.

ACR - LM Iron laboratories ACR - LM

Iron Laboratories, LLC is an ISO/IEC 17025:2005 Testing Laboratory laboratory, accredited by (PJLA) Perry Johnson Laboratory Accreditation, Certificate No. 77802

Tested by Iron Laboratories Michigan, 1825 E. West Maple Walled Lake, MI 48390

Page 1 of 3

IRON LaboratoriesPJLA

ISO/IEC 17025:2005 Accredited

QC Report

Testing Accreditation #: 77802 Test Certificate #: 117031-001
Client Name, Sample Details

Ananda
Cynthiana, KY 41031
Sample: CBD1905-01
Type: Concentrate
Method: FE04U HPLC-UV

Test Conditions

Prepsheet ID#: MIP190521a
Scale: XS205-MI1
Temp: 22.5 °C
Baro Pressure: 985.7 hPa
Analyst: KEB
Technician: KEB

Sample ID#: 117031

Harvest/Process Date: 05/20/2019
Serving Size (g): 1
Date Received: 05/20/2019
Test Date: 05/21/2019
Valid Through: 05/21/2020
Report Issued: 05/22/2019

Sample #117031
Target Compound Name Method Blank (μg/g) LCS Spike (μg/g) LCS Amount (μg/g) Percent Recovery (%) LCS LCS Duplicate Amount (μg/g) Percent Recovery (%) LCSD Relative Percent Difference (%) QC Flag
Cannabidivarin (CBDV) 0 4.87837 4.91807 100.81 5.06818 103.89 3.01
Cannabidiolic Acid (CBDA) 0 5.09332 5.19075 101.91 5.32786 104.60 2.61
Cannabigerol (CBG) 0 5.29664 5.41289 102.19 5.58485 105.44 3.13
Cannabidiol (CBD) 0 5.65729 5.77803 102.13 5.9416 105.03 2.79
Δ9-Tetrahydrocannabivarin (THCV) 0 5.36955 5.48967 102.24 5.56423 103.63 1.35
Cannabinol (CBN) 0 5.53825 5.73255 103.51 5.81708 105.03 1.46
Δ9-Tetrahydrocannabinol (THC) 0 5.1945 5.5807 107.43 5.66882 109.13 1.57
Cannabichromene (CBC) 0 4.76568 5.11546 107.34 5.16982 108.48 1.06
Tetrahydrocannabinolic acid (THCA) 0 5.05641 5.33448 105.50 5.41373 107.07 1.47

N.D. = Not Detected

LR = indicates compound recovery of matrix spike was outside the methods acceptable limits. (70-130%) Low recovery should be scrutinized for possible fail as it could indicate more compound present than is detected.

I = indicates that an amount of an interfering compound greater than the methods limit of detection was detected in the method blank sample. May indicate contamination of analytical system or consumables.

Q = indicates that the relative percent diference of two identicly prepared Matrix Spike samples for a target analyte was greater than 20%

HR = indicates compound recovery of matrix spike was outside the methods acceptable limits. (70-130%) high recoveries should be scrutinized for passing as more compound may be detected than is actually present in the sample.

This certificate shall not be reproduced except in full, without written approval of Iron Laboratories, LLC.

ACR - LM Iron laboratories ACR - LM

Iron Laboratories, LLC is an ISO/IEC 17025:2005 Testing Laboratory laboratory, accredited by (PJLA) Perry Johnson Laboratory Accreditation, Certificate No. 77802

Tested by Iron Laboratories Michigan, 1825 E. West Maple Walled Lake, MI 48390

Page 2 of 3

IRON Laboratories

Residual Solvents Analysis by
Mass Spectrometer

Test Certificate #: 117031-001
Client Name, Sample Details

Ananda
Cynthiana, KY 41031
Sample: CBD1905-01
Type: Concentrate
Method: SOP FE-44-OR3

Test Conditions

Prepsheet ID#: MIHS190521a
Scale: XS205-MI2
Temp: 22.2 °C
Baro PE: 977.7 hPa
Analyst: JRT
Technician: JRT

Sample ID#: 117031

Harvest/Process Date: 05/20/2019
Serving Size (g): 1
Date Received: 05/20/2019
Test Date: 05/21/2019
Valid Through: 05/21/2020
Report Issued: 05/22/2019

Sample #117031
Compound MRL (µg/g) LOD (µg/g) Status (µg/g)   Compound MRL (µg/g) LOD (µg/g) Status (µg/g)
1,2-Dichloroethane 2 1 Pass/<LOD 1,2-Dimethoxyethane 5,000 200 Pass/<LOD
1,4-dioxane 5,000 200 Pass/<LOD 1-Butanol 5,000 200 Pass/<LOD
1-Pentanol 5,000 200 Pass/<LOD 1-Propanol 5,000 100 Pass/<LOD
2,2-Dimethylpropane (Neopentane) 750 50 Pass/<LOD 2,2-Dimethylbutane (Hexanes) 50 50 Pass/<LOD
2,3-Dimethylbutane (Hexanes) 50 50 Pass/<LOD 2-Butanol 5,000 200 Pass/<LOD
2-Butanone (MEK) 5,000 200 Pass/<LOD 2-Ethoxyethanol 5,000 200 Pass/<LOD
2-Methylbutane (Isopentane) 750 50 Pass/<LOD 2-Methylpentane (Hexanes) 50 50 Pass/<LOD
2-Methylpropane (Isobutane) 800 50 Pass/<LOD 2-propanol (Isopropyl Alcohol) 500 50 Pass/<LOD
2-Propanone (Acetone) 750 50 Pass/<LOD 3-Methylpentane (Hexanes) 50 50 Pass/<LOD
Acetonitrile 60 50 Pass/<LOD Benzene 1 1 Pass/<LOD
Butane 800 50 Pass/<LOD Chloroform 2 2 Pass/<LOD
Cumene 5,000 1,000 Pass/<LOD Cyclohexane 50 50 Pass/<LOD
Dichloromethane 125 50 Pass/<LOD Dimethylsulfoxide (DMSO) 5,000 500 Pass/<LOD
Ethanol 1,000 500 Pass/<LOD Ethyl acetate 400 50 Pass/<LOD
Ethyl ether 500 100 Pass/<LOD Ethylene glycol 5,000 500 Pass/<LOD
Ethylene oxide 5 5 Pass/<LOD Heptane 500 50 Pass/<LOD
Hexane 50 50 Pass/<LOD Isopropyl acetate 5,000 200 Pass/<LOD
Methanol 250 200 Pass/<LOD Naptha 400 100 Pass/<LOD
N,N-Dimethylacetamide 5,000 500 Pass/<LOD N,N-Dimethylformamide (DMF) 5,000 500 Pass/<LOD
Pentane 750 50 Pass/<LOD Petroleum Ether 400 100 Pass/<LOD
Propane 2,100 50 Pass/<LOD Pyridine 5,000 200 Pass/<LOD
Sulfolane 5,000 200 Pass/<LOD Tetrahydrofuran (THF) 5,000 200 Pass/<LOD
Toluene 150 50 Pass/<LOD Trichloroethylene 25 6 Pass/<LOD
Xylenes* 150 50 Pass/<LOD

Total Butanes = 0 ug/g (PASS); Total Pentanes = 0 ug/g (PASS); Total Hexanes = 0 ug/g (PASS)

* Xylenes are reported as the sum of o-xylene, m-xylene, p-xylene, and ethylbenzene
MRL - Maximum Residue Limit; LOD - Limit of Detection

This certificate shall not be reproduced except in full, without written approval of Iron Laboratories, LLC.

MEH QM Iron laboratories MEH QM

Tested by Iron Laboratories Michigan, 1825 E. West Maple Walled Lake, MI 48390

Page 2 of 3

IRON Laboratories

Residual Solvents QC Report

Test Certificate #: 117031-001
Client Name, Sample Details

Ananda
Cynthiana, KY 41031
Sample: CBD1905-01
Type: Concentrate
Method: SOP FE-44-OR3

Test Conditions

Prepsheet ID#: MIHS190521a
Scale: XS205-MI2
Temp: 22.2 °C
Baro PE: 977.7 hPa
Analyst: JRT
Technician: JRT

Sample ID#: 117031

Harvest/Process Date: 05/20/2019
Serving Size (g): 1
Date Received: 05/20/2019
Test Date: 05/21/2019
Valid Through: 05/21/2020
Report Issued: 05/22/2019

Sample #117031
Target Compound Name Method Blank (μg/g) QC Spike (μg/g) Matrix Spike (μg/g) Matrix Spike Duplicate (μg/g) MS Recovery (%) MSD Recovery (%) Relative Percent Difference (%) QC Flag
1,2-Dichloroethane nan nan
n-Propane N.D. 250 34 34 13.60 13.60 0.00 LR
Isobutane N.D. 250 64 61 25.60 24.40 4.80 LR
Methanol N.D. 250 191 172 76.40 68.80 10.47 LR
n-Butane N.D. 250 78 72 31.20 28.80 8.00 LR
2,2-Dimethylpropane N.D. 250 88 85 35.20 34.00 3.47 LR
Ethanol N.D. 250 206 200 82.40 80.00 2.96
Isopentane N.D. 250 118 110 47.20 44.00 7.02 LR
Acetonitrile N.D. 250 189 184 75.60 73.60 2.68
Diethyl ether N.D. 250 172 163 68.80 65.20 5.37 LR
2-propanone N.D. 250 197 189 78.80 75.60 4.15
2-propanol N.D. 250 206 201 82.40 80.40 2.46
n-Pentane N.D. 250 129 119 51.60 47.60 8.06 LR
2,2-Dimethylbutane N.D. 250 146 140 58.40 56.00 4.20 LR
2,3-Dimethylbutane N.D. 250 156 148 62.40 59.20 5.26 LR
Methylene chloride N.D. 250 199 192 79.60 76.80 3.58
2-Methylpentane N.D. 250 151 141 60.40 56.40 6.85 LR
3-Methylpentane N.D. 250 160 153 64.00 61.20 4.47 LR
2-Butanol N.D. 250 211 207 84.40 82.80 1.91
n-Hexane N.D. 250 164 153 65.60 61.20 6.94 LR
Ethyl acetate N.D. 250 211 203 84.40 81.20 3.86
Tetrahydrofuran N.D. 250 199 195 0.00 0.00 0.00
Trichloroethylene nan nan
Isopropyl acetate N.D. 250 212 207 0.00 0.00 0.00
Benzene N.D. 250 216 210 86.40 84.00 2.82
Chloroform N.D. 0 0 0 nan nan
Cyclohexane N.D. 250 187 179 74.80 71.60 4.37
Ethylene glycol N.D. 250 104 -49 41.60 -19.60 556.36 LR
Heptane N.D. 250 200 195 80.00 78.00 2.53
2-Ethoxyethanol N.D. 250 272 246 108.80 98.40 10.04
1,4-Dioxane N.D. 250 235 222 94.00 88.80 5.69
Pyridine N.D. 0 0 0 0.00 0.00 0.00
Toluene N.D. 250 231 223 92.40 89.20 3.52
Chlorobenzene N.D. 0 0 0 0.00 0.00 0.00
Ethylbenzene N.D. 250 238 228 95.20 91.20 4.29
m-Xylene/p-Xylene N.D. 500 462 440 92.40 88.00 4.88
o-Xylene N.D. 250 235 226 94.00 90.40 3.90
Cumene N.D. 250 239 226 95.60 90.40 5.59
Ethylene oxide N.D. 250 209 190 83.60 76.00 9.52

I = indicates that an amount of an interfering compound greater than the methods limit of detection was detected in the method blank sample. May indicate contamination of analytical system or consumables.

Q = indicates that the relative percent diference of two identicly prepared Matrix Spike samples for a target analyte was greater than 20%

R = indicates compound recovery of matrix spike was outside the methods acceptable limits. (70-130%) Low recovery could indicate there is actually more compound present than detected; while high recoveries should be scrutinized for possible fails as more compound may be detected than is actually residual on the sample.

N.D. = Not Detected

This certificate shall not be reproduced except in full, without written approval of Iron Laboratories, LLC.

MEH QM Iron laboratories MEH QM

Tested by Iron Laboratories Michigan, 1825 E. West Maple Walled Lake, MI 48390

Page 3 of 3