Jordan Lund

@tryArdor

[Jordan Lund @JrdLnd]

@BCFerries @604homesguy Good morning! Should people with reservations be on the shoulder lane on the highway? We were 1.5h early with resos and at least an hour from getting to the booth. Seems others are stopping traffic in the highway and trying to merge in. Any traffic control up ahead helping?

[Jordan Lund @JrdLnd]

Hey @levelsio, big respect over here of your build ethos. Would love you to check out our fitness approach and how we think tech can better play a role in the gym: https://t.co/ynkGa5o9wS

We predict what you are capable before each workout but we are the first, as far as I know, to let you then share workouts with friends where your friends get a scaled verison of what you did, levelling the playing field so anyone can workout with anyone, regardless of ability. We think it's more engaging to compare growth and effort between people rather than raw strength or fitness.

[Jordan Lund @JrdLnd]

@yongecity Now we are floating around $10ish and it is now where all but the perma bulls are sure that it’s only going to get worse because that’s what we are used to and so few are investing in the space right now. Emotional tape is a real thing.

[Jordan Lund @JrdLnd]

@yongecity First half of 2021 was very flat, all MSOs raised against investors, and Schumer showed resistance to anything that wasn’t social equity focused. But everyone (myself included) thought as it crawled back to $40, it was just a minor setback after the euphoric run that preceded it.

[Jordan Lund @JrdLnd]

@yongecity Bear thesis was a lot more real than folks believed when MSOs was $50. You’d be hard to find someone can could articulate a logical case against a bull thesis then. Same thing is happening now in the opposite direction at $10. It’s a classic pattern no?

[Jordan Lund @JrdLnd]

@yongecity I try to keep in mind how common the phenomenon is that after a huge share price drawdown, the bear case becomes very clear. And after a big bull rally the bull case is equally clear. The emotional tape hides itself well.

[Jordan Lund @JrdLnd]

@yongecity I agree the stakes are high for the next 1-2 years if it doesn’t pass during lame duck. But the water I’m referring to is the pressure building against feral status quo. That water won’t stop

[Jordan Lund @JrdLnd]

@yongecity @markRee92928419 9 Republican cosponsors. Schumer and booker can whip their side if they get the 10 GOP votes. Only reason some dems are against is *because* of Schumer/booker influence. Once the script flips to this is the best we can do for social equity for years, watch all the Dems unite.

[Jordan Lund @JrdLnd]

@yongecity I appreciate your and others cautious apprehension. I try to stick in that crowd for critical thinking. At same time, I'm trying to resist the temptation to make predictions based on last 2 years. I remember in 2019 MSOS were written off b/c of set backs and price action

[Jordan Lund @JrdLnd]

@yongecity Will be fun to see how it plays out. Thesis not dependant on year end. Also, cracks forming in listing and state laws w/o fed movement. See NJ 280E news today and Canopy USA this week. Wouldn’t have happened years ago and yet fed laws haven’t changed. TSX in next few years IMO

[Jordan Lund @JrdLnd]

@yongecity Also, there’s another card at play here. NDAA. Safe language as is. We have Washington and Oregon who are taking safe seriously. Murray and Perlmutter want it. And perlmutter, in addition to retiring, would care less to hold up NDAA if GOP win both chambers in Jan.

[Jordan Lund @JrdLnd]

@yongecity I think folks are overplaying the + part. At best it will be some research, part of HOPE, and an additional banking line about including licences from equity winners. Schumer and booker had their shot and missed. SAFE+ is a walk in the park compared to what they dreamed before.

[Jordan Lund @JrdLnd]

@yongecity Put blame*

[Jordan Lund @JrdLnd]

@yongecity The fact that Schumer hasn’t introduced SAFE+ ahead of midterms is pretty positive to me. Means he’s serious and listening to the concerns of the few republicans who would be open to it. If he just wanted the points and put p lame on republicans, he’d parade that bill around.

[Jordan Lund @JrdLnd]

@yongecity We have a decent price buffer here when looking 2 years out.

[Jordan Lund @JrdLnd]

@yongecity One more thought. I’m not one of those “MSOs is going back to hyper growth!”. I don’t think it is. I see decent growth and deteriorating margins over time w/ recession on the horizon. But from what I can tell, prices reflect that way more than they did when everyone thought moon