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Ispire Technology Inc. Signs Exclusive 30-Year Agreement With Hidden Hills Club: Going For The Nicotine Market

Ispire Technology Inc. Signs Exclusive 30-Year Agreement With Hidden Hills Club: Going For The Nicotine Market

Ispire 科技公司与 Hidden Hills Club签署了30年的独家协议:进军尼古丁市场
Benzinga ·  20:17

Ispire Technology Inc. (NASDAQ:ISPR), a leader in vaping technology, announced its subsidiary, Aspire North America LLC, has signed an exclusive 30-year global licensing agreement with Hidden Hills Club. This agreement marks Hidden Hills Club's expansion into the global nicotine products market.

Ispire Technology Inc.(纳斯达克:ISPR)是吸烟技术领域的领先者,宣布其子公司Aspire North America LLC已经与Hidden Hills Club签署了一份为期30年的全球独家许可协议。该协议标志着Hidden Hills Club正在扩大到全球尼古丁产品市场。

California-based Ispire Technology is the only Nasdaq-listed U.S. vaping company.

总部位于加利福尼亚的Ispire Technology是唯一在纳斯达克上市的美国吸烟公司。

Global Rollout Of Hidden Hills Nicotine Products

Hidden Hills尼古丁产品全球推广

Under this agreement, Ispire will manufacture, distribute and commercialize Hidden Hills' branded nicotine products worldwide. The initial rollout of Hidden Hills' nicotine products will begin in the UAE and South Africa soon. The UK and European Union will follow in the next few months. Ispire is renowned for its innovation in vaping technology. The company offers vaporizers, cartridges, batteries and dabbing products. It plans to expand its product offerings further.

根据该协议,Ispire将在全球范围内制造,分发和商业化Hidden Hills品牌的尼古丁产品。 Hidden Hills尼古丁产品的初始推出将很快在阿联酋和南非开始。英国和欧盟将在接下来的几个月内紧随其后。Ispire以其吸烟技术创新而闻名。该公司提供雾化器,烟弹,电池和抽油产品。它计划进一步扩大其产品组合。

"Our partnership with Hidden Hills Club enables us to bring more innovative and reduced-risk nicotine products to a global audience," Ispire Co-CEO Michael Wang said. "The 30-year exclusive license will allow us to make significant investments in the Hidden Hills brand, ensuring robust distribution and a deep product portfolio that captures the essence of this iconic lifestyle brand."

"与Hidden Hills Club的合作伙伴关系使我们能够将更具创新性和降低风险的尼古丁产品带给全球观众," Ispire联合首席执行官Michael Wang说。"这项为期30年的独家许可证将使我们能够在Hidden Hills品牌上进行重大投资,确保强大的分销和深度产品组合,从而捕捉这个标志性生活方式品牌的精髓。"

This new agreement comes after recent reports showing revenue increased by 24% in latest quarterly report (Q3) but amid $5.9 million net loss. In that opportunity, tobacco vaping products contributed $18.1 million, while the turned towards partnerships to better its financial outcomes.

这项新协议是在最新季度报告(Q3)显示收入增长24%但$590万的净亏损之后达成的。在此机会中,烟草吸烟产品贡献了$1810万,而转向合作伙伴以改善其财务业绩。

Read Also: EXCLUSIVE: Ispire's CEO Michael Wang Predicts Vaping Will Soon Surpass Cannabis Flower Sales

请参阅:独家报道:Ispire首席执行官Michael Wang预测吸烟技术将在未来几年内超越大麻花销售额

Ispire Technology Market Expansion

Ispire Technology市场扩展

Dre Liang, CEO of Hidden Hills Club, added, "Teaming up with Ispire was a strategic decision for us. Ispire's expertise in vaping technology and its global distribution network provide the perfect platform to expand our brand into the nicotine products market. We believe this collaboration will redefine the market with products that reflect our brand's commitment to quality and innovation."

Hidden Hills Club的首席执行官Dre Liang补充说:"与Ispire合作是我们的战略决策。 Ispire在吸烟技术方面的专业知识以及其全球分销网络为我们将品牌扩展到尼古丁产品市场提供了完美的平台。我们相信这种合作将通过反映我们品牌对质量和创新的承诺的产品来重新定义市场。"

Wang was recently featured on Cannabis Insider show, where he predicted that vaping will become the dominant method for cannabis consumption within the next few years.

Wang最近在Cannabis Insider节目中受到推荐,他预测吸烟技术将在未来几年内成为大麻消费的主要方法。

CEO Micheal Wang recently participated on a Cannabis Insider Episode
首席执行官Micheal Wang最近参加了Cannabis Insider的一集节目

Ispire Technology Previous Collaborations

Ispire Technology先前的合作

Earlier this year, Ispire and Hidden Hills Club launched a unique cannabis and hemp vaping experience: Hidden Hills & Friends. The company also carried out a public offering of 2.05 million shares of common stock for $6 per share for gross proceeds of $12.3 million.

今年早些时候,Ispire和Hidden Hills Club推出了一种独特的大麻和大麻吸烟体验:Hidden Hills&Friends。该公司还公开发行了205万股普通股的每股售价为6美元的股票,总收益为1230万美元。

The e-vapor and cannabis vaping markets are projected to reach $29.9 billion and $11.6 billion in 2024, respectively. This growth is driven by the trend toward healthier tobacco alternatives. Being a pioneer of the "cloud chasing" movement, the company holds over 200 issued patents and more than 800 patents pending across China, the U.S., E.U., and other countries. .

电子烟和大麻吸烟市场预计分别在2024年达到299亿美元和116亿美元。这种增长是由于趋势向更健康的烟草替代品。作为“云追逐”运动的先驱,该公司在中国,美国,欧盟和其他国家拥有200多项授予专利和800多项待颁发专利。

  • Read Also: Cannabis Vape Tech Producer Ispire Enters South African Market Via Exclusive Deal With Dank Pack
  • 请参阅:大麻吸烟技术生产商Ispire通过与Dank Pack达成独家协议进入南非市场
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