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Slang Worldwide Inc SLGWQ

Healthcare Biotechnology
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.


OTCPK:SLGWQ - Post by User

Slang Worldwide Inc > Revenue Potential with Closing of Acquisitions
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Post by happyascanbeon Jan 07, 2021 1:37pm
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Post# 32243407

Revenue Potential with Closing of Acquisitions

Revenue Potential with Closing of AcquisitionsI 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



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