In January 2016, EPIC published Intelligence Note 02303-16a, this product provided analysis of data provided by the Drug Enforcement Administration (DEA) and open source reporting that indicated Transnational Criminal Organizations (TCOs) continued to operate and profit from marijuana sales in legalized U.S. marijuana markets. EPIC research further showed that legalization of marijuana in some U.S. markets had not adversely impacted TCO profitability in marijuana markets, and that the effort of legalization had conversely brought new opportunities for illicit profits from marijuana sales. As of January 2017, EPIC research indicates that TCOs continue to exploit legalized marijuana markets in the United States.