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Opening a position in SLANG worldwide (SLNG)


 
 
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 2 weeks ago '08        #1
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Illuminati 358 heat pts358
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$42,653 | Props total: 18178 18178
Opening a position in SLANG worldwide (SLNG)
 

 

THE INDUSTRY LEADER IN BRANDED CANNABIS CONSUMER PACKAGED GOODS


SLANG Worldwide Inc. is a leading global cannabis consumer packaged goods company with a robust portfolio of renowned brands distributed across more than 2,600 stores in 12 US states. The Company is focused on acquiring and developing market-proven regional brands as well as creating new brands to meet the needs of cannabis consumers worldwide. SLANG is listed on the Canadian Securities Exchange under the ticker symbol SLNG and on the Frankfurt Stock Exchange under the trading symbol 84S.

We have one of the most diverse and widely distributed portfolios of brands & products in the cannabis industry with leading brands operating in attractive growth categories.

As markets mature, and consumer needs evolve, our portfolio of brands expands to drive differentiation and premiumization. The differentiation of our core brands allows us to scale faster and broader across our brand portfolio.

SLANG Worldwide primarily generates revenues from:
Collecting licensing fees and selling certain product components such as flavoring concentrates/bases, packaging and hardware pieces
Selling certain non-plant touching products, such as our Firefly vaporizer
These products are generally sold to our brand licensees within The SLANG Network.

The SLANG Network is a combination of licensed cannabis manufacturers, distributors and ecommerce distribution platforms that sell our branded products in 12 US states, and in over 2,600 stores. It provides a capital efficient and scalable platform through which SLANG drives brand value creation. Through this network, we continue to expand our presence in both established and emerging cannabis markets around the world.
The SLANG Network is not a single entity from a legal or managerial perspective, and the company does not own or control all of our network partners. While many view our company simply as “SLANG“, our network operates through multiple local channels. The primary way that our products reach the marketplace starts with SLANG, which manufactures and sells product formulation bases and packaging to SLANG Network operations.

SLANG also owns the brands and is responsible for consumer brand marketing and sales initiatives. Our SLANG Network partners manufacture, package, and distribute final branded products to retail customers, who then sell our products to consumers.



Ticker: $SLNG
Entry: $1.03

@kami @Brazi D @philly337 @lowry2123 @j_k1dd @Ace dealer @marvbx
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 2 weeks ago '08        #2
Illuminati 358 heat pts358 OP
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$42,653 | Props total: 18178 18178

The stock of SLANG WORLDWIDE INC COMMON SHARES CANAD (OTCMKTS:SLGWF) registered an increase of 95.54% in short interest. SLGWF’s total short interest was 258,900 shares in August as published by FINRA. Its up 95.54% from 132,400 shares, reported previously. With 244,300 shares average volume, it will take short sellers 1 days to cover their SLGWF’s short positions.




Bought even more

 2 weeks ago '07        #3
j_k1dd 9 heat pts
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Got 525 shares of slng, wasn't able to fill my crbp sale today. Depending on how tmr goes, I'll sell my khrn and buy nrth
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 2 weeks ago '04        #4
ziatic 
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I was hesitating on pulling the trigger today. Might do it tomorrow but that falling knife doesn’t feel good when it keeps falling

 2 weeks ago '08        #5
Illuminati 358 heat pts358 OP
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$42,653 | Props total: 18178 18178
 ziatic said
I was hesitating on pulling the trigger today. Might do it tomorrow but that falling knife doesn’t feel good when it keeps falling
It doesn't but there's always an inherent risk reward calculation
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 1 week ago '06        #6
philly337 28 heat pts28
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$33,771 | Props total: 21871 21871
Like the chart when you posted but forgot to post. Think you'll come out good on this one (looks like already up about 8%)

 1 week ago '08        #7
Illuminati 358 heat pts358 OP
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$42,653 | Props total: 18178 18178
 philly337 said
Like the chart when you posted but forgot to post. Think you'll come out good on this one (looks like already up about 8%)
Yup trading at the high of the day at $1.19
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