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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

獨家:這家加州公司的首席執行官就如何打敗非法大麻市場提出了建議,並在Benzinga會議上分享了他的配方
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.的凱爾·喀山說,因大麻而被關進監獄 “必須結束”s(芝加哥期權交易所:GLAS.A.U)(芝加哥期權交易所 CA:GLAS.WT.U)(場外交易所股票代碼:GLASF)(場外交易所股票代碼:GHBWF)首席執行官兼董事長強調說,仍有許多人關在聯邦監獄裏,“生活在籠子裏” 換廠。

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."

喀山敦促週二聚集在佛羅里達州好萊塢的本辛加大麻資本會議上的人群拿起電話,打電話給國會代表和喬·拜登總統,提醒他 “他說的不是簡單的擁有”。

"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.

他在主題演講中告訴水塔研究董事總經理傑西·雷德蒙德:“當你說你(拜登)要赦免別人時,你說過要赦免人們的大麻然後去做。”

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

另見:獨家:Glass House首席執行官表示 “大麻合法化不僅僅關乎經濟,還要糾正過去的錯誤”

California: Tough Place For Retail Cannabis

加州:零售大麻的艱難之地

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.

喀山的公司在金州經營十家門店,並計劃在全州範圍內擴大其零售業務。但是,喀山說,在加利福尼亞的零售業賺錢很難。

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,對於許多加利福尼亞運營商來說,在艱難時期,Glass House的表現非常出色。上個月,該公司報告年收入增長了89%,達到1.608億美元,創下了新紀錄。

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.

喀山繼續說,對Glass House起作用的方案是關注 “儘可能好的大麻” 和 “向人們提供儘可能優惠的價格”。

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

以其超值大麻品牌Allswell進入該公司的新大麻產品系列。

"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."

喀山說:“我們今年推出了9.99美元,向消費者開放了9.99美元。”“我們認爲,攻擊非法市場的最佳方法是將人們帶過來。”

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

但是,他解釋說,儘管加利福尼亞的大麻種植 “良好” 且 “便宜”,但許多企業仍在苦苦掙扎。

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

除了高稅收外,還有一個蓬勃發展的傳統市場,喀山稱之爲 “福與禍”。

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!

想直播我們的大麻資本會議嗎?對於現有訂閱者,您可以通過我們的研究平台直接訪問。對於新用戶,您可以在這裏即時訪問!

Why?

爲什麼?

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.

加州有長達數十年的大麻歷史。長期以來,“加州一直在翡翠三角地區種植大麻。”他說:“警方從來沒有這麼認真地對待過這個問題,” 這使傳統市場得以蓬勃發展。

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

另一方面,非法大麻的低價格對合法經營者的打擊最大。

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

聯邦政府對大麻的合法化將結束大麻經營者面臨的大多數挑戰,不僅在加利福尼亞州,而且在全國範圍內。

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

但是,在此之前,Glass House將繼續在加利福尼亞發展。

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

現已閱讀:獨家:Glass House首席執行官說:“消除毒品戰爭的危害”

譯文內容由第三人軟體翻譯。


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