SLANG Worldwide Shares Commence Trading on OTCQB
Toronto, Ontario--(Newsfile Corp. - September 14, 2020) - SLANG Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods (CPG) company with a diversified portfolio of popular brands, today announced that its common shares have commenced trading on the OTCQB ® Venture Market ("OTCQB") under the ticker symbol SLGWF.
"Trading on a platform in the U.S., where we conduct most of our business, is an important milestone for our company," said SLANG President & CEO Chris Driessen. "We anticipate that this will increase our liquidity and visibility in the U.S. investment community, at a time when the cannabis sector is gaining acceptance across the country."
The OTCQB is a leading market for early-stage and developing U.S. and international companies. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process. Investors can find information and trading statistics on SLANG at https://www.otcmarkets.com.
OTCQB trading offers companies the advantages of being publicly traded in the U.S. with lower cost and complexity than a U.S. exchange listing. Investors can benefit from efficient trading through their preferred broker or financial advisor, transparent pricing with real-time quotes, and trusted disclosure that is made broadly available to broker-dealers and market data providers.
The Company also announced that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company ("DTC"). DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded companies. DTC services provide cost benefits for investors and brokers trading Canadian securities in the United States.
The Company's common shares will continue to trade on the Canadian Securities Exchange under the symbol SLNG.
Media and Investor inquiries
Investors@SLANGww.com
About SLANG Worldwide Inc.
SLANG Worldwide Inc. is a global leader in the cannabis CPG sector with a diversified portfolio of popular brands distributed across the United States. The Company specializes in acquiring and developing market-proven regional brands as well as launching innovative new brands to seize global market opportunities. SLANG is listed on the Canadian Securities Exchange under the ticker symbol SLNG and on the OTCQB under the symbol SLGWF. For more information, please visit www.slangww.com.