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Slang Worldwide Inc C.SLNG

Alternate Symbol(s):  SLGWF

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

Comment by Seleucuson Aug 27, 2021 9:46am
273 Views
Post# 33775223

RE:RE:Slang Announces Record Revenue for Second Quarter 2021

RE:RE:Slang Announces Record Revenue for Second Quarter 2021I agree on estimates if Slang were measured like other MJ operators.  They have some great potential value.  I think Slang's challenge now is that they're stuck in a circular situation.  Their price is low b/c folks are worried about dilution so they don't buy-in but then Slang is going to have to issue more shares now to achieve the already agreed-to purchase price.   Thus this may take some dilution and years to get Slang's value recognized.  I have to imagine they already have some financing lined up as a part of the HiFi deal.

(I know anyone paying attention would know the GNT/ACG/mgt comp would already know this is what they planned and publicly shared.  And, I think the HiFi deal is a great play...worth the dilution.)
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