Slang Worldwide Inc C.SLNG

Revenue Potential with Closing of Acquisitions

[happyascanbe]

I realize this is an old presentation and many things have changed. But I believe this is the last presentation where the company provided revenue guidance. At this time (Oct 2019) they were looking at Revenues of $70M-$100M once all acquisitions are completed.

I'm not expecting to see these revenue projections completely play out. But even at $50M-$60M there is terrific upside for the valuation of the company and subsequently the share price. For now sticking with my own personal $0.70 target, but feel like this could end up being conservative as revenue multiples are on the upswing and will only go higher with the positive news in the US, due to cannabis friendly Democrats being in power shortly. 

In 2019 Slang was projecting Gross Margins in the 50-60% range which they have managed to successfully achieve.

See slide 17 of this link,

https://www.slangww.com/wp-content/uploads/2019/10/SLANG-Worldwide-Investor-Presentation-October-2019-New.pdf

[Miroslav2]

I agree, they're commitment to Slang is what we need and the snowball is getting bigger as Chris always mentions! I am optimistic and can see over $1.00 by year end if everything pans out just need to weed out the bad apples first!  GLTA

[happyascanbe]

Yes, I'm thinking $1.00 is very achievable on their own merits. But I personally feel the endgame for Slang is to get taken out by one of their largest partners, Canopy Growth or Trulieve. The synergies are just too great to ignore. And if that happens it will be for much higher than $1.00/share. Noticing a lot of spam posters showing up. That’s usually a good sign as they move to threads

[Miroslav2]

I thought the same, if Bruce was still CEO of Canopy Slang would of had a better chance.. Also speaking of Trulieve SLANG-branded products are expected to be available in Massachusetts in the first half of 2021, following the completion of Trulieve’s facilities and ramp-up of production.