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Slang Worldwide Inc (QB)

Slang Worldwide Inc (QB) (SLGWF)

0.0218
-0.0035
( -13.83% )
Updated: 14:57:03

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Key stats and details

Current Price
0.0218
Bid
0.0215
Ask
0.025
Volume
108,219
0.0218 Day's Range 0.0292
0.016 52 Week Range 0.0486
Market Cap
Previous Close
0.0253
Open
0.0292
Last Trade
166
@
0.0218
Last Trade Time
14:18:13
Financial Volume
$ 2,733
VWAP
0.025252
Average Volume (3m)
123,286
Shares Outstanding
227,712,387
Dividend Yield
-
PE Ratio
-0.24
Earnings Per Share (EPS)
-0.09
Revenue
37.4M
Net Profit
-19.37M

About Slang Worldwide Inc (QB)

Sector
Pharmaceutical Preparations
Industry
Pharmaceutical Preparations
Website
Headquarters
Toronto, Ontario, Can
Founded
1970
Slang Worldwide Inc (QB) is listed in the Pharmaceutical Preparations sector of the OTCMarkets with ticker SLGWF. The last closing price for Slang Worldwide (QB) was $0.03. Over the last year, Slang Worldwide (QB) shares have traded in a share price range of $ 0.016 to $ 0.0486.

Slang Worldwide (QB) currently has 227,712,387 shares outstanding. The market capitalization of Slang Worldwide (QB) is $4.55 million. Slang Worldwide (QB) has a price to earnings ratio (PE ratio) of -0.24.

SLGWF Latest News

No news to show yet.
PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.0039-15.17509727630.02570.02920.0201759790.02564523CS
4-0.00595-21.44144144140.027750.03370.0201983550.02438485CS
12-0.00347-13.73169766520.025270.0350.01841232860.02600943CS
26-0.0042-16.15384615380.0260.03990.016886890.02520707CS
520.000452.107728337240.021350.04860.016684150.02579332CS
156-0.2082-90.52173913040.230.270.0141290240.09609535CS
260-1.83243-98.82430982131.854231.950.0142067030.25957919CS

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SLGWF Discussion

View Posts
Monroe1 Monroe1 1 year ago
looks like it.
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Alexulf Alexulf 2 years ago
Can Slang Worldwide Inc Do A Trend Reversal?

https://www.barchart.com/stocks/quotes/SLGWF/overview
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Monroe1 Monroe1 2 years ago
Thanks for that info.
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jk1283 jk1283 2 years ago
Slang also owns Ceresmed in Vermont. They own the rights to a license in New Jersey as well.

One of their many products below.

CBD Sparkling Water

25mg of CBD paired with companion botanicals for a refreshing low calories, low sugar soda or alcohol replacement.

https://www.tretap.com
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jk1283 jk1283 2 years ago
Enjoy Hemp by Lunchbox Alchemy brings the most potent and all-natural Delta-8 and now Delta-9 THC experience on the market with the best Vegan, All-Natural, and Gluten-Free Delta-8 THC Gummy with no corn syrup that is fully lab tested.
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jk1283 jk1283 2 years ago
Enjoy hemp is a popular brand by Lunchbox Alchemy which was purchased by Slang.
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Monroe1 Monroe1 2 years ago
So is EnjoyHemp any way connected with Slang?
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jk1283 jk1283 2 years ago
Enjoy Hemp Launches New Line of Gummies With Delta-9 THC

Enjoy Hemp, the first and only line of premium hemp-derived products designed for customers to "enjoy life" how they choose, has launched a line of Delta-9 THC gummies, available in four different effects: Boost, Chill, Euphoria and Zen. For the first time in history, consumers are able to get dispensary grade Delta-9 THC products delivered to their homes or at their local store without a medical card.

https://finance.yahoo.com/news/enjoy-hemp-launches-line-gummies-133800497.html
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jk1283 jk1283 2 years ago
https://finance.yahoo.com/news/slang-worldwide-announces-third-quarter-123000939.html
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jk1283 jk1283 2 years ago
Slang announces third quarter results

Revenue for Q3 2021 was $10.1 million, compared with $7.9 million in Q3 2020. Upon the completion of the acquisition of High-Fidelity, Inc. ("Hi-Fi") in August 2021, the Company realized approximately $1.1 million in revenue during the third quarter of 2021;

SLANG's brands continued to earn market-leading positions in its Core Markets of Colorado and Vermont in the third quarter of 2021. Highlights include: O.pen ranked as the #1 vape cartridge in Colorado; Firefly Mini was the #6 and O.pen was the #5 disposable vaporizer in Colorado; Bakked was the #6 dabbable distillate in Colorado; District Edibles was the #12 gummy in Colorado; Pressies was the #6 pill in Colorado (Source: BDSA.)

Cash and cash equivalents of $3.5 million as of September 30, 2021 as compared to $9.7 million at June 30, 2021. September cash balance is inclusive of $5.0 million of transaction costs paid at closing of the HiFi acquisition;

In October, SLANG announced it will enter the new markets of West Virginia and Pennsylvania through its strategic partnership with Trulieve Cannabis Corp. ("Trulieve");

In November, Trulieve, Pura Vida Investments ("Pura Vida") and Seventh Avenue Investments ("Seventh Avenue") and certain other investors provided a term-loan financing for aggregate gross proceeds of $17.3 million USD;

In November, Drew McManigle was appointed Interim CEO and Chairman of the Board as part of an executive management transition to strategically reposition SLANG for profitable revenue growth.
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jk1283 jk1283 3 years ago
SLANG Expands its Footprint and Launches Multiple Partnerships in Q3

https://www.benzinga.com/markets/cannabis/21/10/23551005/slang-expands-its-footprint-and-launches-multiple-partnerships-in-q3?fbclid=IwAR3gFY025Xik8NbJL8ovp5vhiu6FckGna-x3UbKexd5f_nbEfKqZpkPatI4
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jk1283 jk1283 3 years ago
SLANG Worldwide to Present at the Benzinga Cannabis Capital Conference

https://www.yahoo.com/now/slang-worldwide-present-benzinga-cannabis-113000630.html
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jk1283 jk1283 3 years ago
This Cannabis Company is Crafting a Lineup Built on Branding and Consistency

https://www.benzinga.com/node/22871596
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jk1283 jk1283 3 years ago
Very smart, this is about yo take off to the moon.
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Barfly3718 Barfly3718 3 years ago
Took a starter today! GLTA
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jk1283 jk1283 3 years ago
SLANG Worldwide Enters Massachusetts Through Strategic Partnership with Trulieve

Cannabis retail sales in Massachusetts are expected to grow to an estimated US$1.35 billion by 2024

https://www.newsfilecorp.com/release/95410/SLANG-Worldwide-Enters-Massachusetts-Through-Strategic-Partnership-with-Trulieve
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Monroe1 Monroe1 3 years ago
wish they would hurry it up; all I see is dilution. Glad i took just a little starter. Time for some corporate action.
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IhidfromtheX IhidfromtheX 3 years ago
SLANG Worldwide Launches O.pen Daily Strains and District Edibles Products in Washington State through Strategic Partnership with Snowcrest
Toronto, Ontario--(Newsfile Corp. - July 14, 2021) - SLANG Worldwide Inc. (CSE: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods (CPG) company with a diversified portfolio of popular brands, today announced that it has launched two of its best-selling brands, O.pen and District Edibles, in the State of Washington through a strategic partnership with Snowcrest LLC ("Snowcrest"), a cultivator and processor in Vancouver, WA.

One of America's best-selling vape brands, O.pen, is now available across dispensaries in Washington. District Edibles is expected to launch in August, further increasing SLANG's product penetration in the Evergreen State. The strategic partnership with Snowcrest, LLC, allows for SLANG brands to be produced in a vertically integrated facility.

"Washington is one of the largest cannabis markets in the United States and we are excited to launch our first products for the adult-use market," said Chris Driessen, CEO of SLANG. "This strategic partnership enables us to increase our Gross Merchandise Value metric and expand our retail distribution network through a well-respected, vertically integrated operator with an established track record of success."

As part of this previously announced partnership, Snowcrest will manufacture SLANG branded products, and SLANG's sales and marketing teams will work to place these products in dispensaries across the state. The agreement follows a royalty-based payment structure. In addition, Dolce Foglia, LLC, a full-service flavor house catering to the growing food & beverage industries, is also working with Snowcrest to provide premium flavorings in an array of edible products.

Ryan Fabian, Owner of Snowcrest, LLC said, "We are thrilled about the strategic alliance with SLANG Worldwide for the Washington State cannabis market. The widely respected brands by SLANG, along with both teams' shared core values and vision of growth are a perfect fit. We proudly manufacture the highest quality flower, vape and edibles for distribution throughout the State of Washington. We look forward to years of successful growth together with the dynamic team and product brands of SLANG Worldwide."

To be added to SLANG's email distribution list, please email SLNG@kcsa.com with "SLNG" in the subject.

About SLANG Worldwide Inc.

SLANG Worldwide Inc. is a global leader in the cannabis CPG sector with a diversified portfolio of popular brands distributed across the United States. The Company specializes in acquiring and developing market-proven regional brands as well as launching innovative new brands to seize global market opportunities. For more information, please visit www.slangww.com.

Forward-Looking Statements

This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements included in this news release include, but are not limited to, statements in respect of the distribution of SLANG branded products in the state of Washington.

Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management of SLANG at this time, are inherently subject to significant business, economic and competitive risks, uncertainties and contingencies that could cause actual results to differ materially from those expressed or implied in such statements. Investors are cautioned not to put undue reliance on forward-looking statements. Applicable risks and uncertainties include, but are not limited to regulatory risks, risks related to the COVID-19 global pandemic, changes in laws, resolutions and guidelines, market risks, concentration risks, operating history, competition, the risks associated with international and foreign operations and the other risks identified under the headings "Risk Factors" in SLANG's annual information form dated April 29, 2021 and other disclosure documents available on the Company's profile on SEDAR at www.sedar.com. SLANG is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

Media and Investor inquiries
Investors@SLANGww.com
KCSA Strategic Communications
Phil Carlson / Elizabeth Barker
SLANG@kcsa.com

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/90178
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jk1283 jk1283 3 years ago
Slang Worldwide Inc (OTCMKTS: SLGWF) Is Well placed to Capitalize on the Opportunity

https://www.mmjreporter.com/slang-worldwide-inc-otcmkts-slgwf-is-well-placed-to-capitalize-on-the-opportunity-41717
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IhidfromtheX IhidfromtheX 3 years ago
CEO's comments are positive for rev growth to continue. I took a small position this week.
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jk1283 jk1283 3 years ago
This is one is looking good.
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StevenRisk StevenRisk 3 years ago
Currently down a quite a bit. However, I feel very confident l-term/ Would be a buyer at these prices for sure.
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mmm21 mmm21 3 years ago
are you happy with your purchase?
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Marillionaire Marillionaire 3 years ago
https://seekingalpha.com/article/4414735-chris-driessen-slang-worldwide-ceo-video
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Marillionaire Marillionaire 3 years ago
http://greenrushpodcast.net/2021/02/25/chris-driessen-president-and-ceo-of-slang-worldwide/
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StevenRisk StevenRisk 3 years ago
Bought 10k today.
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jk1283 jk1283 3 years ago
SLANG Worldwide to Expand Into Multiple Limited License Markets Through New Strategic Partnership and Announces $10M Financing to Fuel Growth

https://www.newsfilecorp.com/release/73304/
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jk1283 jk1283 3 years ago
Gotta mention SLANG whenever you see Trulieve and Canopy Growth . Their partnerships with them, Cookies, and Gage Cannabis among other award winning brands is just the beginning.
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jk1283 jk1283 3 years ago
The post is from November, so yes 2 months old lol
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nunaka nunaka 3 years ago
Really? 2 months old.
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jk1283 jk1283 3 years ago
The Upward trend continues.
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StevenRisk StevenRisk 3 years ago
I hope so!
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jk1283 jk1283 3 years ago
Their partnerships with Trulieve, Cookies and Gage Cannabis are just getting started. Getting back into California and going into Michigan with Gage is a game changer. Slang will take off and never look back.
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Alexulf Alexulf 3 years ago
Fellow friends, traders and investors!

Let me just say that before we pass judgement on the S1 Form filed by Lexaria, let's first wait to hear his explanation. Chris has been very good about doing interviews (typically on video), and in those interviews, investors learn a great deal about what the company is doing. In my opinion, CEO's rarely detail all that is going on, but Chris has so far been better than most.

So lets break this all down. First, Chris made it very clear he is serious about up-listing, and the S1 Form is the first step. Also, if I remember correctly (I would need to look this up to be certain) the S1 Form is required for a direct listing on a major exchange. A direct listing (if that is what he intends to do) by-passes the banks and brokers and pretty much allows a company to set their own share price. Of course, the market will eventually determine share value, but the track record for direct listings is actually pretty good.

Second, we should look at the value of the company we own. Lexaria is now a major shareholder in Hill Street Brewery, and should that company be bought out by a major beverage company (I remind everyone that cannabis drinks are a hot item right now and every major beverage company appears to be trying to find a way into this business. So, what better way to enter this market then by buying a company with an established product line already in place? Furthermore, Lexaria would receive a windfall should such a sale take place). Lexaria will also receive revenue from Hill Street sales. This means Lexaria wins regardless of what happens. In effect, Lexaria is a partner with Hill Street, and that partnership comes with a product line that continues to grow.

Third, we should never lose sight of the fact that Lexaria itself might be a buy out target --- particularly, in my opinion, from big pharma. I suggest such a buy out would be highly profitable for those invested. I have been a shareholder in small companies that were bought out, and received many times what I invested.

Fourth, to qualify for a major exchange, a firm must have liquidity. This capital raise provides it.

Fifth, companies with THC product lines have not been successful at up-listing to major exchanges. By selling Lexaria's beverage division, Lexaria benefits from beverage division, yet frees itself of issues surrounding THC product lines. Hill Street likely can expand their product line much faster than Lexaria, and can market their products without cost to us.

Finally, we need to know what the funds might be used for, and will Chris go for the full amount mentioned in the filing. All this information will likely be explained in Chris Bunka's next video interview. I suggest Chris will use some of these funds to finish research proving the benefits of medical use.

Right now, these words are just my thoughts on what may be going on. I suggest these words are merely speculation. We wait for Chris to clarify the situation before making decisions. This end of the market is risky, and many penny stock CEO's prove not to have investor's best interest at heart.



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jk1283 jk1283 3 years ago
SLANG Worldwide Announces Preliminary Third Quarter 2020 Financial Results

https://www.newsfilecorp.com/release/68556/
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jk1283 jk1283 3 years ago
Check out their new website. Looks great.

https://www.slangww.com
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TacoTico TacoTico 3 years ago
Hello all, new to the board. I found this stock recently and it seemed like it has huge upside. But yet the board is quiet and has negative sentiment. Please help me with your feedback.

1. MarketBeat coverage: states Slang products in 2600 retail stores across U.S., 3 analysts w/average price at $6.23.
2. Simply Wall St coverage: earnings are forecast to grow 105% per year, revenue grew by 51% last year, profitable soon(if not already), 4% debt/equity ratio, recent insider buying, hedge funds own 10%.

As I mentioned, I just found this stock but I'm heavy in the sector and have been for 3 years. Just curious what I'm missing. Thanks, GLTA

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splinter68 splinter68 4 years ago
Creeping up. Hopefully hold it.
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jk1283 jk1283 4 years ago
SLANG Worldwide Partners with Natura to Bring Leading Portfolio of Cannabis Brands to California

https://www.newsfilecorp.com/release/66018/SLANG-Worldwide-Partners-with-Natura-to-Bring-Leading-Portfolio-of-Cannabis-Brands-to-California
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yoda_kush yoda_kush 4 years ago
More announcements but still dead money...

They need to post positive organic free cash flow as
a first step in a long journey to sustainability.
Also, the serial dilutive deals (capital raise and
M&A) has to end. The share count must finally stop
growing at such a blistering pace and stabilize.

Until Slang gets its house in order, institutional
investors won't touch it.
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splinter68 splinter68 4 years ago
Some pipelines with TRUL in MA, and now on the OTCQB. Might be getting close to moving upwards. I avoided this for awhile, but dipped my toes in last week and a little add today.
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yoda_kush yoda_kush 4 years ago
This penny stock needs a lot of help.

> continuing operational underperformance relative to its peers is reflected in lack of real money interest.
> zero institutional ownership reveals lack of positive fundamentals and catalysts for the foreseeable future.
> less than $100K in daily trades make this a classic investor trap.
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Alexulf Alexulf 4 years ago
50% rise within september - my forecast for SLANG. Yes, nothing is for sure but I think we will see a sudden quick rise in 1 or 2 trading days soon!

Many are disappointed in the stock, off course it lost a lot of value
Then again, the smart investor smells when there is blood on the streets.

Any opinion on this, spit it out
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Alexulf Alexulf 4 years ago
Latest conference - Benzinga; the biggest cannabis meeting.



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yoda_kush yoda_kush 4 years ago
Another tough Q, continue to avoid.

Operating results demonstrate continuing underperformance relative to peers.
New management has limited time for a turnaround.
Additional equity dilutive action likely needed to buy time.
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Alexulf Alexulf 4 years ago
Is this the day it happens? If we will see a big jump, I reckon it`s today or monday - but I might be wrong.

The report yesterday had a lot of good news, at the same time it did not deliver so much revenue as was expected. Covid-19 being a part of this.

Still, with a very strong june - the progress trend is pointing UP! Will a midsize investor take the opportunity and cash in within 6-12 months?

By then we will see a completly transformed revenue stream, multiple sources of revenue income
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Alexulf Alexulf 4 years ago
Bruce Linton Invests MORE in Growing Global Brand Portfolio of SLANG?

Today latest updates on the SLANG website - what to learn from the big boys?

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Alexulf Alexulf 4 years ago
Hi guys; thursday 28 is a important day - SLANG Investor call and Update!

Introduction; https://player.vimeo.com/video/360353219?auto...utopause=0

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Alexulf Alexulf 4 years ago
SLANG Now Live Resin Vape Cartridges in Colorado.

https://www.barchart.com/story/stocks/quotes/SLNG.CN/news/128017/slang-worldwide-debuts-live-resin-vape-cartridges-in-colorado
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Alexulf Alexulf 4 years ago
Sorry, last post wrong. Thursday 27 conference calls, see website.

DESCRIPTION:
SLANG Worldwide Inc is a cannabis-focused consumer packaged goods company. It is focused on acquiring and developing regional brands, as well as creating new brands to meet the needs of cannabis consumers.

The company operates in Canada and the U.S. It derives major revenue from the U.S. The brand portfolio of the company involves Reserve, Firefly, Bakked, PenVape and others.

https://www.slangww.com/
👍️0

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