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Slang Worldwide Inc C.SLNG

Alternate Symbol(s):  SLGWF

SLANG Worldwide Inc. is a Canada-based cannabis consumer packaged goods company with a portfolio of various brands. The Company owns, licenses and/or markets five brands, which serve three categories: flower, inhalable concentrates and ingestible. Its portfolio consists of three distinct consumer packaged goods (CPG) brands, one retail brand and a product portfolio of 30 stock keeping units (SKUs). The Company brings its products to market through three channels: Core Markets-Colorado and Vermont, Emerging Markets-Strategic Partnerships in nine States and THC Free-Distribution & Ecommerce. Its Core Markets include Colorado and Vermont. Its Emerging Markets include Florida, Maine, New Mexico, Michigan, Pennsylvania, Washington, West Virginia, Maryland and Puerto Rico. Its THC Free includes dry herb vaporizer, the Firefly 2+, line of Alchemy Naturals CBD gummies, as well as batteries and various other product components including packaging and hardware.


CSE:SLNG - Post by User

Comment by Seleucuson Jul 22, 2020 7:32am
93 Views
Post# 31300477

RE:RE:RE:RE:RE:RE:RE:RE:SLANG First Quarter 2020 Financial Results

RE:RE:RE:RE:RE:RE:RE:RE:SLANG First Quarter 2020 Financial ResultsMiroslav2, I can only trade OTC SLGWF.  It's hard for me to say.  For example, some days volume is normal, but yesterday had really low volume while I saw over 100,000 shares available at $0.12 USD ask.  I was debating buying a chunk.  Now, that's only $12,000.00 USD.  Daily volume has averaged a little over 300,000, or $30-40,000 USD.  The OTC stock price won't move up without volume.  The damn thing shows stock price at the last trade, even if the last trade was only 100 sharees at $0.105 USD, or a whopping $10.50.

For awhile, I wondered if they were keeping stock price low on purpose to give time to buy during mgt's lock-up, but then I'm not seeing a lot of buying.  Considering the majority of their employees are in CO, I'd think I'd see a lot OTC buying at these prices.  

FYI, I'm a holder with a long-term outlook and am not planning to sell anytime soon.
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