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Bullboard - Stock Discussion Forum Slang Worldwide Inc SLGWQ

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

OTCPK:SLGWQ - Post Discussion

Slang Worldwide Inc > Strong cash position + massive 63% gross margin
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Post by Truth101 on May 01, 2020 6:35pm

Strong cash position + massive 63% gross margin

Partnerships with Canopy, Trulieve, cookies and many more!

Low cost capital light business model with HIGHEST margins in the sector.
Comment by NOfREedom on May 02, 2020 3:58pm
This post has been removed in accordance with Community Policy
Comment by burnout29 on May 03, 2020 5:49pm
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Comment by Truth101 on May 03, 2020 8:44pm
STZ invested 245 million into Canopy less than 48 hours ago.
Comment by burnout29 on May 07, 2020 7:40pm
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Comment by Truth101 on May 07, 2020 9:43pm
Amazon went from $115 to $5 dollars a share. That is a 95% drop. Amazon closed today at $2367 share. I did my due diligence on SlangWW and I view this as and incredible BUYING OPPORTUNITY. Locked and loaded with 200K shares and a smile on my face. I sleep well knowing I have done the research. It is ok with me if you miss the train on this.
Comment by burnout29 on May 08, 2020 11:05am
This post has been removed in accordance with Community Policy
Comment by Truth101 on May 08, 2020 5:26pm
Your only criteria for the SLNG going bankrupt was the stock dropped 91%. Do you want to talk about how that is an incredibly stupid metric to use. There have been countless growth stocks that had 10x returns after having seening a 90% retracement. When you ignore gross margins and strong a cash position in favor of percentage drop it tells me your thinking skills are not on the level needed to ...more  
Comment by burnout29 on May 09, 2020 10:45am
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Comment by Weedy71 on May 13, 2020 10:36pm
Totally different companies.....apples to oranges.   ACB is a joke.
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