I did this so you don’t have to…that’s an hour of my life i don’t need to repeat.
The hosts didn’t grill him on anything and one thing that Boris is right about is that people in US have zero understanding of what they are doing globally and in Europe evidenced by the hosts complete lack inquisitiveness about those markets or about anything particular, it appears. Their indifference to the outside world reflects their government’s approach to the rest of us and quite frankly it is insulting.
Their idea of research appears to be to read a couple of Curaleaf press releases and the numbers bit of the most recent end of year report and call it a day.
As the markets are about to go into freefall today this is a nice little parable about the bit in American exceptionalism where the chickens come home to roost.
Topics Covered
Boris had lots to say but not really
Schedule 3 The big boys are all talking about i assure you and I me Boris am privy to these conversations but I’m not allowed to say anything except to say that really they are very serious .
States rights question – No idea but i have gut feelings
On benefits to Curaleaf – It’s not just about us it’s about the whole industry suppliers and so on and so forth
Debt Issue – Companies are on their own – IRS doesn’t want to bankrupt companies but they want their taxes
Curaleaf Bonds (V2) – Investors love us , they love the sector , it’s all good
Beverages.. They’ll be 50% of the cannabis sector … alcohol companies will dominate, but i’m out for the moment
Hemp.. I didn’t lobby against hemp it wasn’t me “I wasn’t one of those people who wanted to kill the sector they did it to themselves they started selling crap on the shelves, dangerous products”
Growth .. Hemp dramas mean growth for me “Robust Growth” – looking to expand retail and buying up existing businesses, I’ve fixed the company so i can do M&A now of mid tier MSO’s
Global.. European business is normal doesn’t need the same amount of capital, supply out of Canada & Portugal, also buy our weed from contracted suppliers just ticking it along, USA is now our focus… the ship is sailing smoothly. Organic growth rate 5%
Host Morgan Paxia at 47:00 — The prices are low we don’t like that.. apart from the consumer!
Operations.. We’ll squeeze it to the max .. I’m not really talking to you here Morgan.. are there any investors out there listening. We’re going to have high priced top end brands but also sell you average product as well
- I don’t want to be left behind, I want to continie to play in the top league
- I can promise our investors and consumers we’re coming back in the US
- People don’t understand our billion dollar asset
- Investors will recognize that value when more sophisticated investors get involved in the sector
Infrastructure: We have the Infrastructure you just don’t understand
Host Jesse Redmond .. Well awesome Boris you’ve dropped a lot of good insights and knowledge – I thank Flowhub for making today’s show possible etc etc
Topics Covered
00:00 Introduction
02:10 Federal rescheduling and policy outlook
10:45 SAFER banking, uplisting, and future catalysts
18:20 The future of hemp and Curaleaf’s strategy
27:10 Capital markets and cannabis financing
35:00 Industry consolidation and M&A outlook
44:30 Curaleaf fundamentals and international growth
55:00 Margins, strategy, and the “Built for Growth” plan
