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EXCLUSIVE: CEO Of This California Company Has Advice On How To Beat The Illicit Cannabis Market, Shares His Formula At Benzinga Conference

EXCLUSIVE: CEO Of This California Company Has Advice On How To Beat The Illicit Cannabis Market, Shares His Formula At Benzinga Conference

独家:这家加州公司的首席执行官就如何打败非法大麻市场提出了建议,并在Benzinga会议上分享了他的配方
Benzinga ·  04/17 00:32

Being locked up in prison for cannabis "has to end," said Kyle Kazan, Glass House Brands Inc.'s (CBOE CA: GLAS.A.U) (CBOE CA: GLAS.WT.U) (OTCQX:GLASF) (OTCQX:GHBWF) CEO and chairman, who stressed that many people are still sitting in federal prison, "living in cages" for a plant.

Glass House Brands Inc.的凯尔·喀山说,因大麻而被关进监狱 “必须结束”s(芝加哥期权交易所:GLAS.A.U)(芝加哥期权交易所 CA:GLAS.WT.U)(场外交易所股票代码:GLASF)(场外交易所股票代码:GHBWF)首席执行官兼董事长强调说,仍有许多人关在联邦监狱里,“生活在笼子里” 换厂。

Kazan urged the crowd gathered at the Benzinga Cannabis Capital Conference in Hollywood, Florida on Tuesday to pick up the phone and call their representatives in Congress and also President Joe Biden to remind him he "didn't say simple possession."

喀山敦促周二聚集在佛罗里达州好莱坞的本辛加大麻资本会议上的人群拿起电话,打电话给国会代表和乔·拜登总统,提醒他 “他说的不是简单的拥有”。

"When you said you [Biden] were going to pardon people, you said you were going to pardon people for cannabis and do it," he told Jesse Redmond, a managing director at Water Tower Research, during the keynote.

他在主题演讲中告诉水塔研究董事总经理杰西·雷德蒙德:“当你说你(拜登)要赦免别人时,你说过要赦免人们的大麻然后去做。”

See also: EXCLUSIVE: Glass House CEO Says 'Legalizing Cannabis Isn't Just About The Economy, It's About Righting Past Wrongs'

另见:独家:Glass House首席执行官表示 “大麻合法化不仅仅关乎经济,还要纠正过去的错误”

California: Tough Place For Retail Cannabis

加州:零售大麻的艰难之地

Kazan's company runs ten stores throughout the Golden State, with plans to expand its retail footprint statewide. However, making money in retail in California is hard, Kazan said.

喀山的公司在金州经营十家门店,并计划在全州范围内扩大其零售业务。但是,喀山说,在加利福尼亚的零售业赚钱很难。

Yet, Glass House has performed so well during a tough period for so many California operators. Last month the company reported an 89% surge in annual revenue to $160.8 million, setting a new record.

然而,对于许多加利福尼亚运营商来说,在艰难时期,Glass House的表现非常出色。上个月,该公司报告年收入增长了89%,达到1.608亿美元,创下了新纪录。

The formula that has worked for Glass House was a focus on "getting the best possible cannabis," and "the best possible prices to people," Kazan continued.

喀山继续说,对Glass House起作用的方案是关注 “尽可能好的大麻” 和 “向人们提供尽可能优惠的价格”。

Enter the company's new line of cannabis products under its value cannabis brand, Allswell.

以其超值大麻品牌Allswell进入该公司的新大麻产品系列。

"We rolled out this year, 9.99 out the door to the consumer," Kazan said. "We think that's the best way to attack the illicit market is to bring people over."

喀山说:“我们今年推出了9.99美元,向消费者开放了9.99美元。”“我们认为,攻击非法市场的最佳方法是将人们带过来。”

However, even though cannabis grows "well" and "cheaply" in California, many businesses continue to struggle, he explained.

但是,他解释说,尽管加利福尼亚的大麻种植 “良好” 且 “便宜”,但许多企业仍在苦苦挣扎。

In addition to high taxes, there's a thriving traditional market, which Kazan called both "a blessing and a curse."

除了高税收外,还有一个蓬勃发展的传统市场,喀山称之为 “福与祸”。

Want to watch our Cannabis Capital Conference live? For existing subscribers, you can get direct access through our research platform. For new users, you can get instant access here!

想直播我们的大麻资本会议吗?对于现有订阅者,您可以通过我们的研究平台直接访问。对于新用户,您可以在这里即时访问!

Why?

为什么?

California has a decades-long cannabis history. "California has been growing cannabis up in the Emerald Triangle," for a long time. "The police never took it that seriously," which he said allowed the traditional market to thrive.

加州有长达数十年的大麻历史。长期以来,“加州一直在翡翠三角地区种植大麻。”他说:“警方从来没有这么认真地对待过这个问题,” 这使传统市场得以蓬勃发展。

On the other hand, low prices for illegal weed have hit legal operators the hardest.

另一方面,非法大麻的低价格对合法经营者的打击最大。

Federal legalization of cannabis would put an end to most of the challenges cannabis operators are facing not just in California, but nationwide.

联邦政府对大麻的合法化将结束大麻经营者面临的大多数挑战,不仅在加利福尼亚州,而且在全国范围内。

But, until that happens, Glass House will continue to grow in California.

但是,在此之前,Glass House将继续在加利福尼亚发展。

Now read: EXCLUSIVE: 'Undo The Harms Of The War On Drugs,' Says Glass House CEO

现已阅读:独家:Glass House首席执行官说:“消除毒品战争的危害”

译文内容由第三方软件翻译。


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