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Slang Worldwide Inc SLGWF


Primary Symbol: C.SLNG

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

Post by Truth101on Jun 10, 2020 2:58pm
147 Views
Post# 31134890

California Core market for SlangWW

California Core market for SlangWW
California is very important period.


SlangWW brands have been proven and tested winners in emerging from cut throat markets like California.


In mature markets consumers have much more choices and prices for cannabis have already compressed and starting to go back up strongly.


If you sell 100 million in new markets like Massachusetts, Illinois etc... You need to be prepared for the price of cannabis to drop 60 to 80% as supply meets demand. Suddenly you are not selling 100 million but 33 million and that is if you can maintain the same volume.


You also have no idea if your brands are going to appeal to customers until the supply and demand gap close. That is why companies are looking to California, Oregon, Colorado to see what the trends are. SlangWW is strongest in tough mature markets.
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