SLNG will be worth a lot SLANG is more focused on acquiring brands than being acquired, Monday’s valuation peg nonetheless provided a key “a-ha” moment for brands/distribution focused operators. Remember, Origin House was afforded a $1.1 billion valuation on fairly moderate revenues and expanding net losses, while being a prominently a California-centric enterprise.
That bodes well for a company like SLANG, which has a much broader national footprint and products on more shelves than any other competitor.
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