#93 - The Importance of Being The Biggest (ft. Boris Jordan, Chairman of Curaleaf Holdings)

In this jam-packed episode Boris Jordan joins us in an extremely candid conversation about Curaleaf Holdings. Boris is founder and Executive Chairman of Curaleaf Holdings and is one of the industry's most recognized faces. He is also a prolific cannabis investor having invested over $400M of hard cash into Curaleaf and more into other private cannabis opportunities.  In this wide ranging discussion Boris shares stories and discussions on many topics including: - The First Inning of Curaleaf: how it all started and where we are now - Compliance & Custodying: how the recent compliance forced institutional selling is a repeat of 2019 - Guidance: What is driving the massive Q2 growth Curaleaf is projecting? - Interstate Commerce: why Boris thinks it is inevitable and how they are planning for it - Driving Down Costs: Technology that could cut manufacturing cost by 90% - Being National: Why it's important to be in highly competitive markets like California and Oregon - Wide & Deep: How the recent Trulieve & Harvest merger validates Curaleaf's early thesis - Florida: what mistakes were made, how they were fixed and the future - Cost of Capital: refinancing Curaleaf debt in 2022 at 7-8% without warrants - Private Investing: How Boris fills the "venture investing" role for Curaleaf - Being the Biggest: Why it matters - Margins & Growth: How Curaleaf compares to its competition - M&A: The importance of Select & Grassroots  - Mistakes: Learning from past issues Thank you to Boris Jordan for joining us for this episode!