'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·比爾澤裏安的IIGITE國際品牌有限公司(CSE：BILZ)(OTCQX：BILZF)週三宣佈該公司將停止在加拿大的大麻業務。
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是由所謂的“Instagram之王”聯合創立的，除了以優質伏特加、龍舌蘭酒和服裝為特色的烈酒之外，Ignite還生產CBD油酊、局部用藥、寵物產品、蒸氣設備等。
"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.
隨着我們在世界各地擴大我們的產品組合，除了在加拿大的大麻外，我們的銷售量都很大。比爾澤裏安説，並透露了退出加拿大雜草市場的原因。
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.
比爾澤裏安説在加拿大，“要建立一個成功的大麻生意有太多的障礙”。自2018年年中以來，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."
比爾澤裏安繼續説：“目前，大麻行業的特許生產商很少賺錢，政府對產品的營銷、銷售和分銷的過度限制減少了商業機會，同時也使消費者的體驗變得不那麼理想。”每當政府決定取消和/或減少營銷、銷售和分銷方面的限制，讓企業界為消費者提供適當的服務時，IGNITE都會考慮重返市場。
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.的全資子公司CannMart Inc.(場外交易：NXTTF)，前身為Namaste Technologies Inc.，成為加拿大大麻市場Ignite產品的獨家分銷商。幾個月後，這筆交易被終止。
Ignite's Strategic Moves In 2020
IGNITE在2020年的戰略舉措
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，該公司採取了幾項戰略舉措。，包括推出名為Ignite Beverages的新產品部門，擴大其服裝、CBD和THC產品組合。
In February 2020, at an "Angels & Devils" celebration, the company's co-founder – Dan Bilzerian – introduced Ignite Vodka.
2020年2月，在一個名為“天使與魔鬼”的慶典上，該公司的聯合創始人丹·比爾澤裏安推出了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.
該公司還一個月後，我們與Circle K便利店合作，在北卡羅來納州、南卡羅來納州和弗吉尼亞州的400多家Circle K便利店推出了10款CBD產品。
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曾公開表示，其與電子煙供應商BōVaping合作，推出了更多CBD產品上架，包括充電蒸氣筆系統以及血橙和熱帶水果CBD吊艙。
Price Action
價格行動
Ignite's shares traded 6.57% higher at 1.2000 per share at the time of writing Wednesday morning.
IGNITE的股票交易價格上漲6.57%，至每股1.2000美元在我寫這篇文章的時候，週三上午。
Photo: Courtesy of DDP on Unsplash
圖片：Unspash由DDP提供