'Instagram King' Dan Bilzerian Pulls IGNITE Brand From Canadian Cannabis Market, Complains Of 'Too Many Barriers'
'Instagram King' Dan Bilzerian Pulls IGNITE Brand From Canadian Cannabis Market, Complains Of 'Too Many Barriers'
Dan Bilzerian's IGNITE International Brands, Ltd (CSE:BILZ) (OTCQX:BILZF) announced Wednesday it's discontinuing its cannabis business in Canada.
丹·比尔泽里安的IIGITE国际品牌有限公司(CSE：BILZ)(OTCQX：BILZF)周三宣布该公司将停止在加拿大的大麻业务。
Co-founded by the so-called "King of Instagram," Ignite produces CBD oil tinctures, topicals, pet products, vape devices, in addition to spirits featuring premium vodka and tequila and apparel, to name a few.
Ignite是由所谓的“Instagram之王”联合创立的，除了以优质伏特加、龙舌兰酒和服装为特色的烈酒之外，Ignite还生产CBD油酊、局部用药、宠物产品、蒸气设备等。
"As we expand our portfolio of products around the world, our sales are booming except for cannabis in Canada," Bilzerian said, revealing the reason for pulling out of Canada's weed market.
随着我们在世界各地扩大我们的产品组合，除了在加拿大的大麻外，我们的销售量都很大。比尔泽里安说，并透露了退出加拿大杂草市场的原因。
Bilzerian said there are "too many barriers to build a successful cannabis business" in Canada where adult-use cannabis has been legal since mid-2018.
比尔泽里安说在加拿大，“要建立一个成功的大麻生意有太多的障碍”。自2018年年中以来，成人使用的大麻一直是合法的。
"Currently, very few Licensed Producers in the cannabis industry are making money, and the government's excessive restrictions of the marketing, sales, and distribution of products has diminished the business opportunity while simultaneously making the consumer experience less than optimal," Bilzerian continued. "Whenever the government decides to remove and/or reduce the restrictions in marketing, sales and distribution and allow the business community to properly serve the consumers, IGNITE will consider returning to the market."
比尔泽里安继续说：“目前，大麻行业的特许生产商很少赚钱，政府对产品的营销、销售和分销的过度限制减少了商业机会，同时也使消费者的体验变得不那么理想。”每当政府决定取消和/或减少营销、销售和分销方面的限制，让企业界为消费者提供适当的服务时，IGNITE都会考虑重返市场。
In June 2020, CannMart Inc., a wholly-owned subsidiary of Lifeist Wellness Inc.(OTC:NXTTF), formerly known as Namaste Technologies Inc. became the exclusive distributor of Ignite products in the Canadian cannabis market. That deal was terminated several months later.
2020年6月，Lifeist Wellness Inc.的全资子公司CannMart Inc.(场外交易：NXTTF)，前身为Namaste Technologies Inc.，成为加拿大大麻市场Ignite产品的独家分销商。几个月后，这笔交易被终止。
Ignite's Strategic Moves In 2020
IGNITE在2020年的战略举措
In 2020 the company made several strategic moves, including the launch of a new product division dubbed Ignite Beverages, expanding its portfolio of apparel, CBD, and THC products.
I2020年，该公司采取了几项战略举措。，包括推出名为Ignite Beverages的新产品部门，扩大其服装、CBD和THC产品组合。
In February 2020, at an "Angels & Devils" celebration, the company's co-founder – Dan Bilzerian – introduced Ignite Vodka.
2020年2月，在一个名为“天使与魔鬼”的庆典上，该公司的联合创始人丹·比尔泽里安推出了Ignite伏特加。
The company had also teamed up with the Circle K convenience store, which resulted in the launching of 10 CBD products in more than 400 Circle K locations in North Carolina, South Carolina, and Virginia a month later.
该公司还一个月后，我们与Circle K便利店合作，在北卡罗来纳州、南卡罗来纳州和弗吉尼亚州的400多家Circle K便利店推出了10款CBD产品。
Prior to this, Ignite made public that its partnership with Bō Vaping, an e-cigarette provider, yielded more CBD products to hit shelves, including a rechargeable vape pen system as well as Blood Orange and Tropical Fruit CBD pods.
在此之前，Ignite曾公开表示，其与电子烟供应商BōVaping合作，推出了更多CBD产品上架，包括充电蒸气笔系统以及血橙和热带水果CBD吊舱。
Price Action
价格行动
Ignite's shares traded 6.57% higher at 1.2000 per share at the time of writing Wednesday morning.
IGNITE的股票交易价格上涨6.57%，至每股1.2000美元在我写这篇文章的时候，周三上午。
Photo: Courtesy of DDP on Unsplash
图片：Unspash由DDP提供