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Bullboard - Stock Discussion Forum 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... see more

CSE:SLNG - Post Discussion

Slang Worldwide Inc > Pleasant Valley Ranch Relation
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Post by Seleucus on Jul 08, 2020 10:20pm

Pleasant Valley Ranch Relation

Hello, in the 2019 Q4 and 2020 Q1, there is note receivable activity to a "Pleasant Valley Ranch." Overall, does anyone know the relation to Slang, its strategy, or its mgt?

The footnote says they are an "unrelated entity" to Slang, but I can't find anymore information from Slang.  They are in the business of Alternative Medicine and located in Carbondale, CO per my google, but I don't know any other information.  I'm more wondering why Slang is lending to them some material money during their turnaround.  They lent them $1.3 million USD in Feb. 2020.  It could be something positive and business related, like growing weed for the Cookies or other roll-outs, but I don't know...  Thanks!
Comment by Seleucus on Jul 08, 2020 10:37pm
Ok, sorry for blasting, but I found something googling multiple pages...Google shares an abrreviated paragraph from the original Slang Jan 17th prospectus that says land is leased to Pleasant Valley.  It says the site can't reached for the full orginal pdf.  I sure hope Slang isn't recording rental revenue AND loaning the tenant money.  Maybe I'll add that to my list of ...more  
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