News
Press Release
O.penVAPE, Trulieve Join Historic Drag Illustrated World Doorslammer Nationals as Major Sponsors
"In a first-of-a-kind moment for drag racing, race officials with the Drag Illustrated World Doorslammer Nationals presented by CTech Manufacturing announced today that O.penVAPE and Trulieve, a pair of leading companies in the cannabis and personal vaporizer industries, have been named major sponsors for the inaugural race."
Read More On Drag Illustrated
Press Release
10 Cannabis Leaders Discuss Latest Innovations at Benzinga Cannabis Capital Conference
"Cannabis consumer packaged goods company SLANG Worldwide has one of the largest portfolios of cannabis brands in the U.S.
Co-founder and CEO Peter Miller said leveraging partnerships is a key to the company’s success, starting with Canadian cannabis goliath and SLANG partner Canopy Growth Corp (NYSE:CGC)."
Read More On Benzinga
Press Release
Your Video Smoke Sesh Can Still Be Epic With These Cannabis Products
Check out Firefly's feature in Kulture Hub as one of the best smoke sesh elevators.
"With a three-second heat up time, the Firefly 2+ Vaporizer is all you need to get smacked. Easily load and clean this breath activated dry herb and concentrate portable piece."
Read More On KultureHub
Press Release
Slang Worldwide Enters Oregon By Introducing Cookie Branded Flower Products
Toronto, Ontario--(Newsfile Corp. - June 25, 2020) - SLANG Worldwide Inc. (CNSX: SLNG) (FSE: 84S) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods (CPG) company with a diversified portfolio of popular brands, today announced the launch of Cookies-branded flower products in Oregon. Pre-packaged flower is now available in Gary Payton, Gelatti and other consumer favorites from the Cookies genetic library, including some of the most sought-after strains in cannabis.
As first announced on February 13, 2020, SLANG has an exclusive agreement to distribute Cookies products in Oregon through its statewide distribution channels.
Read More On News File Corp
Press Release
How Covid-19 Is Affecting The Cannabis Industry
The coronavirus crisis has caused dramatic shifts in how and when consumers spend their money, specifically with regard to consumer products—and cannabis is no different.
Most states allowed cannabis dispensaries to remain open during lockdown, saving the nascent industry from the same fate as the rest of brick-and-mortar retail. But even though cannabis was deemed an essential industry, consumer habits changed nonetheless.
Read More On Yahoo Finance
Press Release
SLANG Worldwide Cannacord Raises FY2020 Revenue Estimates Following Q2 Earnings
SLANG Worldwide (CSE: SLNG) announced their second-quarter financials yesterday, with revenue coming in at $4.6 million, basically flat quarter over quarter, and their Pro-forma revenues were $10.1 million. Slang also had an adjusted EBITDA loss of $1.8 million, with gross margins of $2.8 million or 62%.
Only three analysts cover SLANG, and all three analysts have buy ratings on the stock. M Partners has the highest 12-month price target of C$0.5,0 or a 285% upside, while Clarus Securities has a C$0.45 price target, and Canaccord has the lowest of all three with a C$0.40 target. The mean price target equals out to being C$0.45, or a 246% upside on the stock.
Read More On The Deep Dive